ReposiTrak (NYSE:TRAK) CEO Randall Fields Sells 2,200 Shares of Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 2,200 shares of ReposiTrak stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $8.50, for a total transaction of $18,700.00. Following the transaction, the chief executive officer directly owned 105,300 shares of the company’s stock, valued at approximately $895,050. This represents a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

ReposiTrak Stock Performance

NYSE TRAK traded up $0.07 during trading on Friday, hitting $8.94. The stock had a trading volume of 4,264 shares, compared to its average volume of 101,149. The stock has a 50 day simple moving average of $11.01 and a 200 day simple moving average of $13.80. The stock has a market capitalization of $162.73 million, a price-to-earnings ratio of 24.16 and a beta of 0.45. ReposiTrak Inc. has a one year low of $8.11 and a one year high of $23.72.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in TRAK. Los Angeles Capital Management LLC acquired a new stake in ReposiTrak in the second quarter worth about $818,000. Ashford Capital Management Inc. raised 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 purchasing an additional 383,283 shares during the last quarter. 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 in the last quarter. Handelsbanken Fonder AB increased its stake in ReposiTrak by 7.1% during the 2nd quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock valued at $32,508,000 after purchasing an additional 110,000 shares in the last quarter. Finally, Prescott Group Capital Management L.L.C. raised its holdings in shares of ReposiTrak by 47.2% in the second quarter. Prescott Group Capital Management L.L.C. now owns 26,284 shares of the company’s stock worth $516,000 after buying an additional 8,428 shares during the last quarter. 27.35% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on TRAK shares. Weiss Ratings reissued a “hold (c+)” rating on shares of ReposiTrak in a report on Monday, December 29th. Wall Street Zen downgraded 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 data from MarketBeat, the stock currently has a consensus 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.