Randall Fields Sells 2,500 Shares of ReposiTrak (NYSE:TRAK) Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $11.72, for a total transaction of $29,300.00. Following the completion of the sale, the chief executive officer directly owned 152,500 shares of the company’s stock, valued at approximately $1,787,300. This represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

ReposiTrak Price Performance

NYSE TRAK opened at $11.63 on Friday. ReposiTrak Inc. has a 12 month low of $11.47 and a 12 month high of $23.72. The firm has a market capitalization of $212.71 million, a PE ratio of 32.31 and a beta of 0.41. The company’s 50 day simple moving average is $13.54 and its 200 day simple moving average is $15.77.

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

Hedge Funds Weigh In On ReposiTrak

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Los Angeles Capital Management LLC purchased a new position in shares of ReposiTrak in the second quarter worth approximately $818,000. Ashford Capital Management Inc. lifted its position in shares of ReposiTrak by 93.7% in the 2nd quarter. Ashford Capital Management Inc. now owns 792,154 shares of the company’s stock valued at $15,566,000 after acquiring an additional 383,283 shares in the last quarter. Handelsbanken Fonder AB boosted its stake in ReposiTrak by 7.1% in the 2nd 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 period. Coldstream Capital Management Inc. boosted its stake in ReposiTrak by 47,619.0% in the 2nd 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 period. Finally, Ingalls & Snyder LLC grew its position in ReposiTrak by 1.3% during 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 in the last quarter. Institutional investors and hedge funds own 27.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on TRAK. Weiss Ratings reiterated a “hold (c+)” rating on shares of ReposiTrak in a research report on Monday, December 29th. Wall Street Zen raised shares of ReposiTrak from a “hold” rating to a “buy” rating in a research note on Saturday, January 3rd. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

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.