ReposiTrak (NYSE:TRAK) CEO Randall Fields Sells 4,500 Shares

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 4,500 shares of ReposiTrak stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $13.26, for a total value of $59,670.00. Following the completion of the sale, the chief executive officer owned 167,500 shares in the company, valued at $2,221,050. This represents a 2.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

ReposiTrak Trading Up 0.5%

Shares of NYSE:TRAK opened at $13.30 on Wednesday. The business has a 50-day moving average price of $14.17 and a 200 day moving average price of $16.40. The company has a market capitalization of $243.26 million, a price-to-earnings ratio of 36.94 and a beta of 0.39. ReposiTrak Inc. has a 12-month low of $12.16 and a 12-month high of $23.72.

ReposiTrak (NYSE:TRAK) last posted its earnings results on Thursday, November 13th. The company reported $0.09 EPS for the quarter. ReposiTrak had a net margin of 30.52% and a return on equity of 14.37%. The company had revenue of $5.97 million for the quarter.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TRAK. Wall Street Zen lowered ReposiTrak from a “buy” rating to a “hold” rating in a research report on Sunday. Weiss Ratings reissued a “hold (c+)” rating on shares of ReposiTrak in a research note on Monday. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Hedge Funds Weigh In On ReposiTrak

A number of institutional investors and hedge funds have recently modified their holdings of TRAK. Los Angeles Capital Management LLC purchased a new stake in ReposiTrak during the 2nd quarter worth about $818,000. Ashford Capital Management Inc. raised its position 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 acquiring an additional 383,283 shares in the last quarter. Handelsbanken Fonder AB lifted its stake in ReposiTrak by 7.1% during the second quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock worth $32,508,000 after purchasing an additional 110,000 shares during the last quarter. Coldstream Capital Management Inc. lifted its stake in ReposiTrak by 47,619.0% during the second quarter. Coldstream Capital Management Inc. now owns 20,042 shares of the company’s stock worth $394,000 after purchasing an additional 20,000 shares during the last quarter. Finally, Ingalls & Snyder LLC boosted its holdings in ReposiTrak by 1.3% in the second quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company’s stock valued at $3,905,000 after purchasing an additional 2,554 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.