ReposiTrak (NYSE:TRAK) Downgraded by Wall Street Zen to Hold

Wall Street Zen cut shares of ReposiTrak (NYSE:TRAK) from a buy rating to a hold rating in a report released on Saturday.

Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ReposiTrak in a research note on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

ReposiTrak Trading Down 1.9%

ReposiTrak stock opened at $10.81 on Friday. The stock has a 50-day moving average price of $13.07 and a two-hundred day moving average price of $15.39. ReposiTrak has a 12 month low of $10.75 and a 12 month high of $23.72. The company has a market capitalization of $197.69 million, a PE ratio of 30.03 and a beta of 0.41.

ReposiTrak (NYSE:TRAK) last released its quarterly earnings data on Thursday, November 13th. The company reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $5.97 million during the quarter. ReposiTrak had a return on equity of 14.37% and a net margin of 30.52%.

Insider Buying and Selling at ReposiTrak

In related news, Director Ronald C. Hodge sold 18,906 shares of the stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $13.16, for a total transaction of $248,802.96. Following the completion of the transaction, the director owned 561,869 shares in the company, valued at approximately $7,394,196.04. This represents a 3.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Randall K. Fields sold 2,900 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $10.85, for a total transaction of $31,465.00. Following the transaction, the chief executive officer directly owned 145,000 shares of the company’s stock, valued at $1,573,250. This represents a 1.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 110,547 shares of company stock valued at $1,484,267. Company insiders own 41.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets grew its position in shares of ReposiTrak by 63.5% in the second quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock valued at $32,000 after purchasing an additional 634 shares in the last quarter. Copeland Capital Management LLC purchased a new position in ReposiTrak during the third quarter valued at approximately $54,000. Tower Research Capital LLC TRC increased its holdings in ReposiTrak by 397.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company’s stock worth $71,000 after acquiring an additional 2,892 shares during the period. GSA Capital Partners LLP bought a new position in ReposiTrak in the 3rd quarter valued at $219,000. Finally, R Squared Ltd bought a new position in shares of ReposiTrak in the second quarter worth $235,000. Hedge funds and other institutional investors own 27.35% of the company’s stock.

About ReposiTrak

ReposiTrak, trading on the New York Stock Exchange under the symbol TRAK, is a provider of cloud-based supply chain compliance and transparency solutions. The company’s platform enables retailers, suppliers and manufacturers to manage, share and validate product data throughout the supply chain. Through its Software-as-a-Service (SaaS) offering, ReposiTrak helps organizations ensure adherence to regulatory requirements, industry standards and retailer-specific guidelines for food safety, sustainability, labeling and quality assurance.

At the core of ReposiTrak’s offerings is its DataHub, a centralized repository that captures critical information such as product specifications, certifications, catch-weight data, temperature logs and recall notifications.