Insider Selling: ReposiTrak (NYSE:TRAK) CEO Sells $60,450.00 in Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $8.06, for a total transaction of $60,450.00. Following the sale, the chief executive officer owned 70,000 shares in the company, valued at $564,200. This trade represents a 9.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

ReposiTrak Stock Performance

Shares of TRAK opened at $7.50 on Thursday. The firm has a market cap of $136.50 million, a P/E ratio of 20.27 and a beta of 0.49. ReposiTrak Inc. has a twelve month low of $7.41 and a twelve month high of $23.72. The firm’s 50 day moving average price is $9.45 and its two-hundred day moving average price is $12.69.

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

ReposiTrak Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, March 31st. ReposiTrak’s dividend payout ratio is 21.62%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue lifted its position in 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 buying an additional 1,285 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of ReposiTrak by 63.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock worth $32,000 after buying an additional 634 shares during the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of ReposiTrak in the 4th quarter valued at about $53,000. Copeland Capital Management LLC acquired a new stake in shares of ReposiTrak in the third quarter valued at about $54,000. Finally, Tower Research Capital LLC TRC increased its position in shares of ReposiTrak by 397.3% in the second quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company’s stock valued at $71,000 after acquiring an additional 2,892 shares during the last quarter. Institutional investors own 27.35% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.