Handelsbanken Fonder AB Has $14.34 Million Holdings in ReposiTrak Inc. $TRAK

Handelsbanken Fonder AB cut its position in shares of ReposiTrak Inc. (NYSE:TRAK) by 30.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,159,100 shares of the company’s stock after selling 495,900 shares during the quarter. Handelsbanken Fonder AB owned about 0.06% of ReposiTrak worth $14,338,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TRAK. State of Alaska Department of Revenue increased its position in shares of ReposiTrak by 152.6% during the fourth quarter. State of Alaska Department of Revenue now owns 2,127 shares of the company’s stock worth $25,000 after buying an additional 1,285 shares during the period. BNP Paribas Financial Markets increased its position in shares of ReposiTrak by 63.5% during 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 period. Flagship Harbor Advisors LLC acquired a new stake in shares of ReposiTrak during the fourth quarter worth $53,000. Tower Research Capital LLC TRC increased its position in shares of 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 buying an additional 2,892 shares during the period. Finally, GSA Capital Partners LLP acquired a new stake in shares of ReposiTrak during the third quarter worth $219,000. 27.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at ReposiTrak

In other ReposiTrak news, CEO Randall K. Fields sold 7,500 shares of the firm’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $8.06, for a total value of $60,450.00. Following the transaction, the chief executive officer directly owned 70,000 shares of the company’s stock, valued at approximately $564,200. This trade represents a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 35,000 shares of company stock worth $289,352 over the last 90 days. 41.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of ReposiTrak from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, ReposiTrak currently has a consensus rating of “Hold”.

ReposiTrak Stock Up 2.8%

Shares of NYSE TRAK opened at $10.00 on Friday. The firm has a market cap of $181.70 million, a PE ratio of 27.03 and a beta of 0.78. ReposiTrak Inc. has a 12-month low of $6.94 and a 12-month high of $22.84. The company’s fifty day simple moving average is $8.37 and its 200 day simple moving average is $10.65.

ReposiTrak (NYSE:TRAK) last issued its earnings results on Thursday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $5.88 million for the quarter. ReposiTrak had a net margin of 30.75% and a return on equity of 14.44%.

ReposiTrak Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.08 annualized dividend and a yield of 0.8%. ReposiTrak’s dividend payout ratio is currently 21.62%.

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.