Insider Selling: ReposiTrak (NYSE:TRAK) CEO Sells 2,500 Shares of Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 2,500 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $8.62, for a total value of $21,550.00. Following the sale, the chief executive officer owned 92,500 shares in the company, valued at approximately $797,350. The trade was a 2.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

ReposiTrak Stock Up 2.1%

Shares of TRAK traded up $0.18 during midday trading on Wednesday, reaching $8.72. The company had a trading volume of 214,552 shares, compared to its average volume of 122,627. The firm has a 50 day simple moving average of $10.64 and a 200-day simple moving average of $13.55. The stock has a market cap of $158.70 million, a PE ratio of 23.57 and a beta of 0.49. ReposiTrak Inc. has a 1-year low of $8.11 and a 1-year high of $23.72.

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

Hedge Funds Weigh In On ReposiTrak

A number of institutional investors have recently modified their holdings of the company. Ashford Capital Management Inc. increased its holdings in shares of ReposiTrak by 93.7% during the 2nd quarter. Ashford Capital Management Inc. now owns 792,154 shares of the company’s stock worth $15,566,000 after purchasing an additional 383,283 shares during the period. Bank of Montreal Can bought a new position in shares of ReposiTrak in the fourth quarter valued at about $3,457,000. Handelsbanken Fonder AB grew its stake in shares of ReposiTrak by 7.1% during the second quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock valued at $32,508,000 after purchasing an additional 110,000 shares during the last quarter. Stifel Financial Corp raised its holdings in ReposiTrak by 139.2% during the 4th quarter. Stifel Financial Corp now owns 129,275 shares of the company’s stock worth $1,599,000 after purchasing an additional 75,225 shares during the last quarter. Finally, Marshall Wace LLP lifted its holdings in ReposiTrak by 283.4% in the fourth quarter. Marshall Wace LLP now owns 77,617 shares of the company’s stock valued at $960,000 after buying an additional 57,371 shares during the period. Institutional investors own 27.35% of the company’s stock.

Analyst Upgrades and Downgrades

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