ReposiTrak (NYSE:TRAK) CEO Sells $18,700.00 in Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 2,200 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $8.50, for a total transaction of $18,700.00. Following the completion of the sale, the chief executive officer owned 105,300 shares in the company, valued at $895,050. This represents a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

ReposiTrak Stock Performance

Shares of TRAK traded up $0.34 during trading hours on Thursday, reaching $8.86. 467,554 shares of the company traded hands, compared to its average volume of 92,670. The stock’s fifty day moving average is $11.01 and its 200 day moving average is $13.80. ReposiTrak Inc. has a 1-year low of $8.11 and a 1-year high of $23.72. The stock has a market cap of $161.25 million, a P/E ratio of 23.95 and a beta of 0.45.

ReposiTrak (NYSE:TRAK) last released its earnings results on Tuesday, February 17th. The company reported $0.09 earnings per share for the quarter. The business had revenue of $5.86 million for the quarter. ReposiTrak had a return on equity of 14.52% and a net margin of 30.62%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TRAK. Weiss Ratings restated a “hold (c+)” rating on shares of ReposiTrak in a research note on Monday, December 29th. Wall Street Zen downgraded shares of ReposiTrak from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of TRAK. BNP Paribas Financial Markets boosted its stake in shares of ReposiTrak by 63.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock valued at $32,000 after purchasing an additional 634 shares in the last quarter. State of Alaska Department of Revenue increased its position in shares of ReposiTrak by 152.6% during the 4th quarter. State of Alaska Department of Revenue now owns 2,127 shares of the company’s stock worth $25,000 after purchasing an additional 1,285 shares in the last quarter. Barclays PLC increased its position in shares of ReposiTrak by 11.5% during the 4th quarter. Barclays PLC now owns 25,364 shares of the company’s stock worth $314,000 after purchasing an additional 2,614 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in 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 purchasing an additional 2,892 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in ReposiTrak by 22.5% in the third quarter. Raymond James Financial Inc. now owns 17,359 shares of the company’s stock valued at $257,000 after buying an additional 3,185 shares in the last quarter. 27.35% of the stock is currently owned by institutional investors and hedge funds.

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.