ReposiTrak (NYSE:TRAK) Posts Quarterly Earnings Results

ReposiTrak (NYSE:TRAK) posted its earnings results on Tuesday. The company reported $0.09 EPS for the quarter, Zacks reports. ReposiTrak had a return on equity of 14.37% and a net margin of 30.52%.

ReposiTrak Trading Down 1.7%

Shares of NYSE TRAK traded down $0.17 during mid-day trading on Tuesday, reaching $10.12. The company had a trading volume of 87,893 shares, compared to its average volume of 82,954. The stock has a market cap of $185.09 million, a price-to-earnings ratio of 28.11 and a beta of 0.46. ReposiTrak has a 52 week low of $9.90 and a 52 week high of $23.72. The business’s 50-day moving average is $11.72 and its 200-day moving average is $14.18.

Wall Street Analyst Weigh In

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

Insider Transactions at ReposiTrak

In other news, CEO Randall K. Fields sold 4,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $10.62, for a total transaction of $47,790.00. Following the transaction, the chief executive officer directly owned 115,000 shares of the company’s stock, valued at approximately $1,221,300. This trade represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last three months, insiders have sold 117,047 shares of company stock valued at $1,451,218. 41.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TRAK. Bank of Montreal Can bought a new stake in ReposiTrak during the 4th quarter valued at $3,457,000. Stifel Financial Corp increased its stake in shares of ReposiTrak by 139.2% during the fourth quarter. Stifel Financial Corp now owns 129,275 shares of the company’s stock valued at $1,599,000 after buying an additional 75,225 shares during the period. Marshall Wace LLP raised its holdings in shares of ReposiTrak by 283.4% in the fourth quarter. Marshall Wace LLP now owns 77,617 shares of the company’s stock valued at $960,000 after acquiring an additional 57,371 shares in the last quarter. Squarepoint Ops LLC lifted its stake in ReposiTrak by 302.4% in the third quarter. Squarepoint Ops LLC now owns 71,548 shares of the company’s stock worth $1,060,000 after acquiring an additional 53,766 shares during the period. Finally, Jane Street Group LLC bought a new position in ReposiTrak during the 2nd quarter worth about $802,000. Institutional investors own 27.35% of the company’s stock.

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.