Insider Selling: ReposiTrak (NYSE:TRAK) Director Sells 1,641 Shares of Stock

ReposiTrak Inc. (NYSE:TRAK) Director Ronald Hodge sold 1,641 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $13.20, for a total value of $21,661.20. Following the transaction, the director owned 580,775 shares of the company’s stock, valued at approximately $7,666,230. This trade represents a 0.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

ReposiTrak Price Performance

Shares of ReposiTrak stock traded down $0.24 during midday trading on Monday, hitting $12.88. The company had a trading volume of 209,910 shares, compared to its average volume of 56,767. ReposiTrak Inc. has a 1-year low of $12.16 and a 1-year high of $23.72. The business’s 50 day simple moving average is $14.11 and its two-hundred day simple moving average is $16.23. The stock has a market cap of $235.58 million, a PE ratio of 35.78 and a beta of 0.39.

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

Wall Street Analysts Forecast Growth

TRAK has been the subject of a number of analyst reports. Wall Street Zen cut shares of ReposiTrak from a “buy” rating to a “hold” rating in a research note on Sunday, December 21st. Weiss Ratings restated a “hold (c+)” rating on shares of ReposiTrak in a research report on Monday, December 22nd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TRAK. Ellsworth Advisors LLC raised its stake in shares of ReposiTrak by 10.6% in the first quarter. Ellsworth Advisors LLC now owns 31,289 shares of the company’s stock worth $634,000 after acquiring an additional 2,997 shares during the last quarter. R Squared Ltd acquired a new stake in shares of ReposiTrak in the second quarter valued at approximately $235,000. Ingalls & Snyder LLC raised its position in ReposiTrak by 1.3% in the 2nd quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company’s stock worth $3,905,000 after purchasing an additional 2,554 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in ReposiTrak during the 2nd quarter worth $818,000. Finally, Prescott Group Capital Management L.L.C. boosted its position in ReposiTrak by 47.2% in the 2nd quarter. Prescott Group Capital Management L.L.C. now owns 26,284 shares of the company’s stock valued at $516,000 after buying an additional 8,428 shares during the last quarter. 27.35% of the stock is owned by institutional investors.

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.