ReposiTrak Inc. (NYSE:TRAK) CEO Randall K. Fields Sells 1,500 Shares

ReposiTrak Inc. (NYSE:TRAK) CEO Randall K. Fields sold 1,500 shares of the firm’s stock in a transaction on Monday, June 16th. The shares were sold at an average price of $20.53, for a total value of $30,795.00. Following the transaction, the chief executive officer now owns 175,500 shares in the company, valued at approximately $3,603,015. This represents a 0.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

ReposiTrak Price Performance

Shares of NYSE TRAK opened at $20.31 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.03 and a quick ratio of 6.03. The stock has a market capitalization of $371.27 million, a price-to-earnings ratio of 59.74 and a beta of 0.54. ReposiTrak Inc. has a fifty-two week low of $14.23 and a fifty-two week high of $25.01.

ReposiTrak Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Tuesday, September 30th will be issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend is Tuesday, September 30th. This is an increase from ReposiTrak’s previous quarterly dividend of $0.02. ReposiTrak’s dividend payout ratio (DPR) is currently 20.59%.

Institutional Investors Weigh In On ReposiTrak

A hedge fund recently raised its stake in ReposiTrak stock. Ellsworth Advisors LLC increased its position in shares of ReposiTrak Inc. (NYSE:TRAK) by 10.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,289 shares of the company’s stock after purchasing an additional 2,997 shares during the quarter. Ellsworth Advisors LLC owned 0.17% of ReposiTrak worth $634,000 as of its most recent SEC filing. Institutional investors and hedge funds own 27.35% of the company’s stock.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded ReposiTrak from a “hold” rating to a “buy” rating in a research note on Thursday, May 22nd.

About ReposiTrak

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