Insider Selling: ReposiTrak (NYSE:TRAK) CEO Sells 2,900 Shares of Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 2,900 shares of the company’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $10.85, for a total transaction of $31,465.00. Following the sale, the chief executive officer directly owned 145,000 shares in the company, valued at $1,573,250. This represents a 1.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

ReposiTrak Trading Down 1.9%

NYSE TRAK traded down $0.21 on Friday, hitting $10.81. 93,700 shares of the company were exchanged, compared to its average volume of 96,109. ReposiTrak Inc. has a 1-year low of $10.75 and a 1-year high of $23.72. The firm has a 50 day moving average of $13.16 and a two-hundred day moving average of $15.48. The company has a market cap of $197.71 million, a P/E ratio of 30.03 and a beta of 0.41.

ReposiTrak (NYSE:TRAK) last released its earnings results on Thursday, November 13th. The company reported $0.09 earnings per share for the quarter. The company had revenue of $5.97 million during the quarter. ReposiTrak had a return on equity of 14.37% and a net margin of 30.52%.

Wall Street Analysts Forecast Growth

TRAK has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of ReposiTrak from a “hold” rating to a “buy” rating in a research report on Saturday, January 3rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of ReposiTrak in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Institutional Trading of ReposiTrak

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Handelsbanken Fonder AB grew its stake in ReposiTrak by 7.1% in the second 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. Ashford Capital Management Inc. boosted its holdings in shares of ReposiTrak by 2.9% in the 3rd quarter. Ashford Capital Management Inc. now owns 815,208 shares of the company’s stock valued at $12,081,000 after buying an additional 23,054 shares during the last quarter. Ingalls & Snyder LLC boosted its holdings in shares of ReposiTrak by 1.3% in 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 during the last quarter. Squarepoint Ops LLC grew its stake in shares of ReposiTrak by 302.4% in the third quarter. Squarepoint Ops LLC now owns 71,548 shares of the company’s stock valued at $1,060,000 after buying an additional 53,766 shares in the last quarter. Finally, Two Sigma Investments LP increased its holdings in ReposiTrak by 76.5% during the third quarter. Two Sigma Investments LP now owns 69,741 shares of the company’s stock worth $1,034,000 after buying an additional 30,217 shares during the last quarter. Institutional investors own 27.35% of the company’s stock.

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.