Insider Selling: ReposiTrak (NYSE:TRAK) CEO Sells 1,428 Shares of Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 1,428 shares of the firm’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $8.05, for a total transaction of $11,495.40. Following the completion of the transaction, the chief executive officer directly owned 77,500 shares in the company, valued at approximately $623,875. This represents a 1.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

ReposiTrak Stock Performance

Shares of NYSE:TRAK traded down $0.16 during midday trading on Wednesday, hitting $7.89. 126,573 shares of the company’s stock traded hands, compared to its average volume of 114,559. The firm’s fifty day moving average price is $9.89 and its two-hundred day moving average price is $13.03. ReposiTrak Inc. has a twelve month low of $7.80 and a twelve month high of $23.72. The company has a market cap of $143.60 million, a PE ratio of 21.32 and a beta of 0.49.

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

Analyst Ratings Changes

Several brokerages recently commented on TRAK. Wall Street Zen downgraded 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 report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat, ReposiTrak presently has an average rating of “Hold”.

Hedge Funds Weigh In On ReposiTrak

A number of institutional investors have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue boosted its position 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 buying an additional 1,285 shares during the last quarter. BNP Paribas Financial Markets increased its position 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 acquiring an additional 634 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of ReposiTrak during the fourth quarter worth about $53,000. Copeland Capital Management LLC acquired a new position in shares of ReposiTrak in the third quarter worth about $54,000. Finally, Tower Research Capital LLC TRC lifted its stake 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 worth $71,000 after acquiring an additional 2,892 shares in the last quarter. Institutional investors and hedge funds own 27.35% of the company’s stock.

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.