ReposiTrak (NYSE:TRAK) Rating Lowered to Hold at Wall Street Zen

ReposiTrak (NYSE:TRAK) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings reaffirmed 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, the stock has an average rating of “Hold”.

ReposiTrak Stock Down 1.9%

NYSE TRAK opened at $10.81 on Friday. The firm has a market cap of $197.71 million, a P/E ratio of 30.03 and a beta of 0.41. ReposiTrak has a 52-week low of $10.75 and a 52-week high of $23.72. The business’s 50-day moving average price is $13.07 and its 200 day moving average price is $15.42.

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

Insider Transactions at ReposiTrak

In related news, Director Ronald C. Hodge sold 18,906 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $13.16, for a total value of $248,802.96. Following the sale, the director owned 561,869 shares in the company, valued at $7,394,196.04. This represents a 3.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Randall K. Fields sold 2,900 shares of ReposiTrak stock in a transaction on Friday, January 16th. The stock was sold at an average price of $10.85, for a total value of $31,465.00. Following the transaction, the chief executive officer directly owned 145,000 shares of the company’s stock, valued at approximately $1,573,250. This represents a 1.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 110,547 shares of company stock worth $1,484,267. 41.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. BNP Paribas Financial Markets grew its position in shares of 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 purchasing an additional 634 shares during the period. Ingalls & Snyder LLC boosted its stake in ReposiTrak by 1.3% in the 2nd quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company’s stock worth $3,905,000 after buying an additional 2,554 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in ReposiTrak by 397.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company’s stock valued at $71,000 after buying an additional 2,892 shares during the period. Raymond James Financial Inc. increased its stake in shares of ReposiTrak by 22.5% during the 3rd quarter. Raymond James Financial Inc. now owns 17,359 shares of the company’s stock valued at $257,000 after acquiring an additional 3,185 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in shares of ReposiTrak by 17.4% during the 2nd quarter. American Century Companies Inc. now owns 23,344 shares of the company’s stock valued at $459,000 after acquiring an additional 3,455 shares during the last quarter. Hedge funds and other 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.