Insider Selling: ReposiTrak (NYSE:TRAK) CEO Sells 3,000 Shares of Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $8.82, for a total transaction of $26,460.00. Following the transaction, the chief executive officer owned 107,500 shares in the company, valued at $948,150. This represents a 2.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

ReposiTrak Stock Down 2.9%

TRAK traded down $0.26 during trading on Friday, reaching $8.73. The stock had a trading volume of 116,394 shares, compared to its average volume of 88,100. The stock has a 50 day moving average of $11.47 and a two-hundred day moving average of $14.07. The firm has a market capitalization of $158.89 million, a price-to-earnings ratio of 23.59 and a beta of 0.45. ReposiTrak Inc. has a 1-year low of $8.69 and a 1-year high of $23.72.

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

Institutional Investors Weigh In On ReposiTrak

A number of institutional investors have recently bought and sold shares of the business. XTX Topco Ltd purchased a new position in ReposiTrak during the 4th quarter valued at about $214,000. Occudo Quantitative Strategies LP acquired a new stake in shares of ReposiTrak during the fourth quarter worth approximately $147,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of ReposiTrak by 23.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 28,094 shares of the company’s stock worth $348,000 after purchasing an additional 5,400 shares during the period. Rice Hall James & Associates LLC grew its position in ReposiTrak by 6.4% during the fourth quarter. Rice Hall James & Associates LLC now owns 793,858 shares of the company’s stock valued at $9,820,000 after purchasing an additional 47,914 shares in the last quarter. Finally, Squarepoint Ops LLC increased its stake in ReposiTrak by 39.5% in the 4th quarter. Squarepoint Ops LLC now owns 99,830 shares of the company’s stock valued at $1,235,000 after buying an additional 28,282 shares during the period. 27.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on TRAK shares. Weiss Ratings restated a “hold (c+)” rating on shares of ReposiTrak in a report on Monday, December 29th. Wall Street Zen cut ReposiTrak from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock 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.