ReposiTrak (NYSE:TRAK) CEO Randall Fields Sells 5,300 Shares

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 5,300 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $8.34, for a total value of $44,202.00. Following the completion of the sale, the chief executive officer directly owned 100,000 shares of the company’s stock, valued at approximately $834,000. This represents a 5.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

ReposiTrak Trading Up 4.0%

NYSE:TRAK traded up $0.34 on Thursday, hitting $8.86. 467,554 shares of the company’s stock traded hands, compared to its average volume of 92,670. The company has a market cap of $161.25 million, a PE ratio of 23.03 and a beta of 0.45. ReposiTrak Inc. has a 1 year low of $8.11 and a 1 year high of $23.72. The firm has a 50-day moving average price of $11.01 and a 200-day moving average price of $13.80.

ReposiTrak (NYSE:TRAK) last posted its quarterly earnings results on Tuesday, February 17th. The company reported $0.09 EPS for the quarter. ReposiTrak had a net margin of 30.62% and a return on equity of 14.52%. The business had revenue of $5.86 million during the quarter.

Hedge Funds Weigh In On ReposiTrak

Several hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets lifted 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 worth $32,000 after buying an additional 634 shares during the last quarter. State of Alaska Department of Revenue raised its stake in shares of ReposiTrak by 152.6% in the 4th quarter. State of Alaska Department of Revenue now owns 2,127 shares of the company’s stock valued at $25,000 after acquiring an additional 1,285 shares in the last quarter. Barclays PLC lifted its holdings in ReposiTrak by 11.5% in the 4th quarter. Barclays PLC now owns 25,364 shares of the company’s stock worth $314,000 after purchasing an additional 2,614 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in ReposiTrak by 397.3% during the second quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company’s stock worth $71,000 after purchasing an additional 2,892 shares during the period. Finally, Raymond James Financial Inc. boosted its position in ReposiTrak by 22.5% during the third quarter. Raymond James Financial Inc. now owns 17,359 shares of the company’s stock worth $257,000 after purchasing an additional 3,185 shares during the period. 27.35% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Wall Street Zen lowered ReposiTrak from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ReposiTrak in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

ReposiTrak Company Profile

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.