ReposiTrak (NYSE:TRAK) CEO Sells $31,440.00 in Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 3,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $10.48, for a total transaction of $31,440.00. Following the completion of the transaction, the chief executive officer owned 119,500 shares of the company’s stock, valued at approximately $1,252,360. The trade was a 2.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

ReposiTrak Stock Up 2.0%

Shares of TRAK stock traded up $0.21 during trading hours on Tuesday, reaching $10.65. 80,777 shares of the stock traded hands, compared to its average volume of 77,192. The firm has a market capitalization of $194.79 million, a PE ratio of 29.58 and a beta of 0.45. ReposiTrak Inc. has a 1-year low of $10.03 and a 1-year high of $23.72. The business has a fifty day moving average price of $11.98 and a 200 day moving average price of $14.38.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on TRAK shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of ReposiTrak in a report on Monday, December 29th. Wall Street Zen downgraded shares of ReposiTrak from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Institutional Investors Weigh In On ReposiTrak

Several large investors have recently made changes to their positions in the company. Los Angeles Capital Management LLC acquired a new stake in ReposiTrak in the second quarter valued at approximately $818,000. Ashford Capital Management Inc. increased its stake in shares of ReposiTrak by 93.7% during the 2nd quarter. Ashford Capital Management Inc. now owns 792,154 shares of the company’s stock worth $15,566,000 after purchasing an additional 383,283 shares during the last quarter. Handelsbanken Fonder AB raised its holdings in shares of ReposiTrak by 7.1% during the 2nd quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock valued at $32,508,000 after purchasing an additional 110,000 shares in the last quarter. Coldstream Capital Management Inc. lifted its stake in shares of ReposiTrak by 47,619.0% in the 2nd quarter. Coldstream Capital Management Inc. now owns 20,042 shares of the company’s stock valued at $394,000 after purchasing an additional 20,000 shares during the last quarter. Finally, Prescott Group Capital Management L.L.C. boosted its holdings in ReposiTrak by 47.2% in the second quarter. Prescott Group Capital Management L.L.C. now owns 26,284 shares of the company’s stock worth $516,000 after purchasing an additional 8,428 shares in the last quarter. Institutional investors own 27.35% of the company’s stock.

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.