Randall Fields Sells 3,500 Shares of ReposiTrak (NYSE:TRAK) Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 3,500 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $8.56, for a total transaction of $29,960.00. Following the sale, the chief executive officer owned 89,000 shares of the company’s stock, valued at $761,840. This trade represents a 3.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

ReposiTrak Stock Performance

TRAK stock traded down $0.14 during mid-day trading on Friday, hitting $7.86. The company had a trading volume of 3,555 shares, compared to its average volume of 110,462. The firm has a market cap of $143.05 million, a PE ratio of 21.24 and a beta of 0.49. ReposiTrak Inc. has a 12 month low of $7.86 and a 12 month high of $23.72. The stock’s fifty day moving average price is $10.13 and its two-hundred day moving average price is $13.24.

ReposiTrak (NYSE:TRAK) last released its earnings results on Tuesday, February 17th. The company reported $0.09 earnings per share for the quarter. ReposiTrak had a net margin of 30.62% and a return on equity of 14.52%. The firm had revenue of $5.86 million during the quarter.

Analysts Set New Price Targets

TRAK has been the subject of a number of recent research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of ReposiTrak in a research report on Monday, December 29th. Wall Street Zen lowered ReposiTrak from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. BNP Paribas Financial Markets increased its holdings in shares of ReposiTrak by 63.5% in the second quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock worth $32,000 after purchasing an additional 634 shares during the period. State of Alaska Department of Revenue boosted 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 valued at $25,000 after buying an additional 1,285 shares during the period. Tower Research Capital LLC TRC grew its position in ReposiTrak by 397.3% during the second quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company’s stock worth $71,000 after buying an additional 2,892 shares in the last quarter. Copeland Capital Management LLC bought a new position in ReposiTrak in the 3rd quarter worth about $54,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of ReposiTrak in the 4th quarter valued at about $53,000. 27.35% of the stock is owned by institutional investors.

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.