ReposiTrak (NYSE:TRAK) CEO Sells $27,425.00 in Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 2,500 shares of the company’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $10.97, for a total transaction of $27,425.00. Following the transaction, the chief executive officer owned 142,500 shares in the company, valued at $1,563,225. This represents a 1.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

ReposiTrak Stock Performance

Shares of TRAK traded up $0.31 during mid-day trading on Thursday, hitting $11.22. 89,727 shares of the company traded hands, compared to its average volume of 97,716. ReposiTrak Inc. has a 1 year low of $10.69 and a 1 year high of $23.72. The stock has a 50-day moving average price of $12.82 and a two-hundred day moving average price of $15.20. The stock has a market cap of $205.21 million, a price-to-earnings ratio of 31.17 and a beta of 0.41.

ReposiTrak (NYSE:TRAK) last released its quarterly earnings results on Thursday, November 13th. The company reported $0.09 earnings per share 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 for the quarter.

Hedge Funds Weigh In On ReposiTrak

Several institutional investors have recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC purchased a new position in shares of ReposiTrak in the second quarter valued at $818,000. Ashford Capital Management Inc. lifted its position in ReposiTrak by 93.7% during the second quarter. Ashford Capital Management Inc. now owns 792,154 shares of the company’s stock valued at $15,566,000 after purchasing an additional 383,283 shares during the last quarter. Handelsbanken Fonder AB grew its stake in shares of 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 buying an additional 110,000 shares in the last quarter. Coldstream Capital Management Inc. increased its holdings in shares of 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 buying an additional 20,000 shares during the last quarter. Finally, Ingalls & Snyder LLC raised its position in shares of ReposiTrak by 1.3% during the 2nd quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company’s stock valued at $3,905,000 after buying an additional 2,554 shares in the last quarter. Hedge funds and other institutional investors own 27.35% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on TRAK. 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 note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

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.