Park City Group, Inc. (NASDAQ:PCYG) Director Austin F. Jr. Noll bought 5,000 shares of the stock in a transaction that occurred on Thursday, May 16th. The stock was bought at an average price of $6.80 per share, with a total value of $34,000.00. Following the completion of the acquisition, the director now owns 97,360 shares of the company’s stock, valued at approximately $662,048. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Park City Group stock traded up $0.10 during trading on Friday, reaching $6.43. The company had a trading volume of 48,490 shares, compared to its average volume of 30,736. Park City Group, Inc. has a 12-month low of $5.64 and a 12-month high of $10.33. The company has a market cap of $127.77 million, a price-to-earnings ratio of 42.87, a PEG ratio of 1.28 and a beta of 1.58. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.62 and a current ratio of 3.07.

Park City Group (NASDAQ:PCYG) last released its earnings results on Thursday, May 9th. The technology company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). Park City Group had a net margin of 21.85% and a return on equity of 12.20%. The company had revenue of $5.01 million during the quarter, compared to analysts’ expectations of $6.00 million. Sell-side analysts predict that Park City Group, Inc. will post 0.24 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in PCYG. Charles Schwab Investment Management Inc. grew its stake in Park City Group by 23.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 30,812 shares of the technology company’s stock worth $247,000 after buying an additional 5,812 shares during the period. Handelsbanken Fonder AB purchased a new stake in Park City Group during the first quarter worth approximately $487,000. Investment Management of Virginia LLC grew its stake in Park City Group by 19.6% during the first quarter. Investment Management of Virginia LLC now owns 165,173 shares of the technology company’s stock worth $1,320,000 after buying an additional 27,098 shares during the period. Parsons Capital Management Inc. RI grew its stake in Park City Group by 10.0% during the first quarter. Parsons Capital Management Inc. RI now owns 173,242 shares of the technology company’s stock worth $1,384,000 after buying an additional 15,800 shares during the period. Finally, Handelsinvest Investeringsforvaltning purchased a new stake in Park City Group during the first quarter worth approximately $80,000. Hedge funds and other institutional investors own 28.19% of the company’s stock.

PCYG has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded shares of Park City Group from a “buy” rating to a “hold” rating in a report on Friday, January 25th. ValuEngine downgraded shares of Park City Group from a “hold” rating to a “sell” rating in a report on Wednesday, February 20th.

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Park City Group Company Profile

Park City Group, Inc, a software-as-a-service provider, designs, develops, and markets proprietary software products in the United States. The company offers ReposiTrak MarketPlace, a supplier discovery and B2B e-commerce solution that is used for sourcing products, and enables to screen and choose suppliers; ReposiTrak Compliance and Food Safety Solutions, which reduces potential regulatory and legal risk from their supply chain partners; and ReposiTrak Supply Chain Solutions, which enables customers to manage relationships with suppliers.

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