Insider Selling: ReposiTrak (NYSE:TRAK) CEO Sells $48,879.60 in Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 6,072 shares of ReposiTrak stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $8.05, for a total value of $48,879.60. Following the completion of the transaction, the chief executive officer directly owned 78,928 shares in the company, valued at approximately $635,370.40. This represents a 7.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

ReposiTrak Stock Up 1.5%

Shares of TRAK stock opened at $8.02 on Friday. ReposiTrak Inc. has a 12 month low of $7.76 and a 12 month high of $23.72. The firm has a market cap of $145.96 million, a PE ratio of 21.68 and a beta of 0.49. The stock has a 50 day moving average of $9.67 and a 200-day moving average of $12.90.

ReposiTrak (NYSE:TRAK) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $0.09 earnings per share (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 for the quarter.

Analyst Ratings Changes

Several research analysts have recently issued reports on TRAK shares. Wall Street Zen downgraded shares of ReposiTrak from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Weiss Ratings reiterated 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, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TRAK. State of Alaska Department of Revenue increased its holdings in 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 buying an additional 1,285 shares during the period. BNP Paribas Financial Markets lifted its holdings in shares of ReposiTrak by 63.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock worth $32,000 after acquiring an additional 634 shares during the period. Flagship Harbor Advisors LLC bought a new position in shares of ReposiTrak during the 4th quarter worth about $53,000. Copeland Capital Management LLC acquired a new stake in shares of ReposiTrak during the 3rd quarter valued at about $54,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of ReposiTrak by 397.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company’s stock valued at $71,000 after acquiring an additional 2,892 shares in the last quarter. 27.35% of the stock is owned by institutional investors.

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.