Insider Selling: ReposiTrak (NYSE:TRAK) CEO Sells 3,000 Shares of Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 3,000 shares of ReposiTrak stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $13.37, for a total transaction of $40,110.00. Following the sale, the chief executive officer directly owned 172,000 shares in the company, valued at $2,299,640. This trade represents a 1.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

ReposiTrak Stock Up 0.5%

Shares of ReposiTrak stock traded up $0.06 during trading hours on Tuesday, hitting $13.30. 186,824 shares of the company’s stock traded hands, compared to its average volume of 56,119. The company has a market cap of $243.26 million, a PE ratio of 36.94 and a beta of 0.39. The stock has a 50 day simple moving average of $14.20 and a 200-day simple moving average of $16.46. ReposiTrak Inc. has a twelve month low of $12.16 and a twelve month high of $23.72.

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

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of ReposiTrak in a research note on Monday. Wall Street Zen downgraded shares of ReposiTrak from a “buy” rating to a “hold” rating in a report on Sunday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Polar Asset Management Partners Inc. bought a new stake in ReposiTrak in the third quarter worth about $519,000. Coldstream Capital Management Inc. grew its stake in shares of ReposiTrak by 99.8% in the 3rd quarter. Coldstream Capital Management Inc. now owns 40,042 shares of the company’s stock worth $594,000 after purchasing an additional 20,000 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of ReposiTrak in the 3rd quarter worth approximately $317,000. Ashford Capital Management Inc. lifted its stake in ReposiTrak by 2.9% during the third quarter. Ashford Capital Management Inc. now owns 815,208 shares of the company’s stock valued at $12,081,000 after purchasing an additional 23,054 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in ReposiTrak by 22.5% during the third quarter. Raymond James Financial Inc. now owns 17,359 shares of the company’s stock worth $257,000 after buying an additional 3,185 shares in the last quarter. 27.35% of the stock is owned by institutional investors and hedge funds.

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.