ReposiTrak (NYSE:TRAK) Trading Down 2.6% – Should You Sell?

ReposiTrak Inc. (NYSE:TRAK)’s share price dropped 2.6% during mid-day trading on Friday . The stock traded as low as $9.33 and last traded at $9.46. Approximately 84,798 shares were traded during trading, an increase of 13% from the average daily volume of 75,058 shares. The stock had previously closed at $9.71.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of ReposiTrak from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

ReposiTrak Price Performance

The firm’s 50 day moving average is $9.13 and its 200 day moving average is $10.16. The company has a market capitalization of $171.89 million, a PE ratio of 25.57 and a beta of 0.79.

ReposiTrak (NYSE:TRAK) last issued its earnings results on Thursday, May 14th. The company reported $0.10 EPS for the quarter. ReposiTrak had a net margin of 30.75% and a return on equity of 14.44%. The company had revenue of $5.88 million for the quarter.

ReposiTrak Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, March 31st were paid a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 31st. ReposiTrak’s payout ratio is presently 21.62%.

Insider Activity at ReposiTrak

In related news, CEO Randall K. Fields sold 7,500 shares of ReposiTrak stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $8.06, for a total value of $60,450.00. Following the transaction, the chief executive officer directly owned 70,000 shares of the company’s stock, valued at $564,200. The trade was a 9.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold 15,000 shares of company stock valued at $120,825 over the last quarter. 41.00% of the stock is owned by insiders.

Institutional Trading of ReposiTrak

Large investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its holdings in ReposiTrak by 63.5% in the second quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock valued at $32,000 after acquiring an additional 634 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in ReposiTrak by 152.6% in the fourth quarter. State of Alaska Department of Revenue now owns 2,127 shares of the company’s stock valued at $25,000 after acquiring an additional 1,285 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in ReposiTrak by 397.3% in the second quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company’s stock valued at $71,000 after acquiring an additional 2,892 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in ReposiTrak in the fourth quarter valued at $53,000. Finally, Walleye Capital LLC bought a new stake in ReposiTrak in the fourth quarter valued at $130,000. 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.