ReposiTrak (NYSE:TRAK) CEO Randall Fields Sells 3,000 Shares

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 3,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $10.48, for a total transaction of $31,440.00. Following the completion of the transaction, the chief executive officer owned 119,500 shares in the company, valued at approximately $1,252,360. This trade represents a 2.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

ReposiTrak Trading Up 2.0%

NYSE:TRAK opened at $10.65 on Wednesday. The stock has a 50 day simple moving average of $11.98 and a 200 day simple moving average of $14.38. The stock has a market cap of $194.79 million, a P/E ratio of 29.58 and a beta of 0.45. ReposiTrak Inc. has a 1-year low of $10.03 and a 1-year high of $23.72.

ReposiTrak (NYSE:TRAK) last posted its quarterly earnings data 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.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports 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 reissued a “hold (c+)” rating on shares of ReposiTrak in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, ReposiTrak presently has an average rating of “Hold”.

Institutional Investors Weigh In On ReposiTrak

Several institutional investors and hedge funds have recently added to or reduced their stakes in TRAK. BNP Paribas Financial Markets boosted its stake in ReposiTrak by 63.5% in the second quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock valued at $32,000 after buying an additional 634 shares in the last quarter. State of Alaska Department of Revenue raised its stake in ReposiTrak by 152.6% during the fourth quarter. State of Alaska Department of Revenue now owns 2,127 shares of the company’s stock worth $25,000 after acquiring an additional 1,285 shares in the last quarter. Ingalls & Snyder LLC lifted its holdings in shares of ReposiTrak by 1.3% in the second quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company’s stock worth $3,905,000 after acquiring an additional 2,554 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of ReposiTrak by 397.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company’s stock valued at $71,000 after purchasing an additional 2,892 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of ReposiTrak by 22.5% in the 3rd quarter. Raymond James Financial Inc. now owns 17,359 shares of the company’s stock valued at $257,000 after purchasing an additional 3,185 shares in the last quarter. 27.35% of the stock is currently 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.