Randall Fields Sells 4,000 Shares of ReposiTrak (NYSE:TRAK) Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $8.06, for a total value of $32,240.00. Following the completion of the sale, the chief executive officer owned 85,000 shares of the company’s stock, valued at $685,100. This trade represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

ReposiTrak Price Performance

Shares of TRAK stock opened at $8.02 on Wednesday. ReposiTrak Inc. has a 1-year low of $7.80 and a 1-year high of $23.72. The company has a market cap of $145.96 million, a price-to-earnings ratio of 21.68 and a beta of 0.49. The stock has a 50 day simple moving average of $9.89 and a 200-day simple moving average of $13.03.

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

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Wall Street Zen lowered shares of ReposiTrak from a “buy” rating to a “hold” rating in a research 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 equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in TRAK. State of Alaska Department of Revenue lifted its holdings in ReposiTrak by 152.6% in the 4th quarter. State of Alaska Department of Revenue now owns 2,127 shares of the company’s stock valued at $25,000 after purchasing an additional 1,285 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of ReposiTrak by 63.5% during the second quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock worth $32,000 after buying an additional 634 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of ReposiTrak during the fourth quarter worth $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 raised 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 buying an additional 2,892 shares during 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.