ReposiTrak (NYSE:TRAK) CEO Sells $99,750.00 in Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 7,500 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $13.30, for a total transaction of $99,750.00. Following the completion of the sale, the chief executive officer owned 175,000 shares of the company’s stock, valued at $2,327,500. This trade represents a 4.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

ReposiTrak Stock Down 0.5%

Shares of ReposiTrak stock opened at $13.00 on Friday. The firm has a market cap of $237.77 million, a price-to-earnings ratio of 36.11 and a beta of 0.39. ReposiTrak Inc. has a 52-week low of $12.16 and a 52-week high of $23.72. The company’s 50-day simple moving average is $14.22 and its 200-day simple moving average is $16.59.

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

Analysts Set New Price Targets

TRAK has been the subject of several research analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of ReposiTrak in a research report on Monday. Wall Street Zen raised shares of ReposiTrak from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Institutional Trading of ReposiTrak

Institutional investors have recently bought and sold shares of the company. Handelsbanken Fonder AB increased its position in shares of ReposiTrak by 7.1% in the second quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock valued at $32,508,000 after buying an additional 110,000 shares in the last quarter. Ashford Capital Management Inc. increased its holdings in ReposiTrak by 2.9% during the 3rd quarter. Ashford Capital Management Inc. now owns 815,208 shares of the company’s stock valued at $12,081,000 after acquiring an additional 23,054 shares in the last quarter. Ingalls & Snyder LLC raised its position in ReposiTrak by 1.3% during the second quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company’s stock worth $3,905,000 after acquiring an additional 2,554 shares during the last quarter. Squarepoint Ops LLC lifted its holdings in shares of ReposiTrak by 302.4% in the third quarter. Squarepoint Ops LLC now owns 71,548 shares of the company’s stock valued at $1,060,000 after purchasing an additional 53,766 shares in the last quarter. Finally, Two Sigma Investments LP lifted its holdings in shares of ReposiTrak by 76.5% in the third quarter. Two Sigma Investments LP now owns 69,741 shares of the company’s stock valued at $1,034,000 after purchasing an additional 30,217 shares in the last quarter. 27.35% of the stock is currently owned by hedge funds and other 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.