ReposiTrak (NYSE:TRAK) CEO Randall Fields Sells 3,500 Shares of Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 3,500 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $8.56, for a total transaction of $29,960.00. Following the transaction, the chief executive officer owned 89,000 shares in the company, valued at $761,840. This represents a 3.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

ReposiTrak Price Performance

TRAK stock traded down $0.02 during trading on Thursday, reaching $8.17. The company had a trading volume of 9,779 shares, compared to its average volume of 110,124. ReposiTrak Inc. has a 52 week low of $8.07 and a 52 week high of $23.72. The business has a 50 day moving average of $10.21 and a 200 day moving average of $13.27. The company has a market cap of $148.69 million, a P/E ratio of 22.08 and a beta of 0.49.

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

Institutional Trading of ReposiTrak

Hedge funds have recently made changes to their positions in the stock. Ashford Capital Management Inc. grew its stake in shares of ReposiTrak by 93.7% in the 2nd quarter. Ashford Capital Management Inc. now owns 792,154 shares of the company’s stock worth $15,566,000 after buying an additional 383,283 shares during the last quarter. Bank of Montreal Can bought a new stake in ReposiTrak in the fourth quarter worth $3,457,000. Handelsbanken Fonder AB grew its stake in shares of ReposiTrak by 7.1% in the second quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock worth $32,508,000 after acquiring an additional 110,000 shares during the last quarter. Stifel Financial Corp grew its stake in shares of ReposiTrak by 139.2% in the fourth quarter. Stifel Financial Corp now owns 129,275 shares of the company’s stock worth $1,599,000 after acquiring an additional 75,225 shares during the last quarter. Finally, Marshall Wace LLP increased its holdings in shares of ReposiTrak by 283.4% during the fourth quarter. Marshall Wace LLP now owns 77,617 shares of the company’s stock valued at $960,000 after acquiring an additional 57,371 shares in the last quarter. 27.35% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

TRAK has been the topic of several recent research reports. Wall Street Zen cut ReposiTrak from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of ReposiTrak in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, ReposiTrak presently has a consensus rating of “Hold”.

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.