Insider Selling: ReposiTrak (NYSE:TRAK) CEO Sells $31,465.00 in Stock

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

ReposiTrak Stock Down 1.9%

Shares of TRAK stock opened at $10.81 on Monday. The firm has a market cap of $197.71 million, a price-to-earnings ratio of 30.03 and a beta of 0.41. ReposiTrak Inc. has a 52-week low of $10.75 and a 52-week high of $23.72. The company’s 50 day moving average is $13.07 and its 200 day moving average is $15.36.

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

Analyst Ratings Changes

TRAK has been the subject of several analyst reports. Wall Street Zen lowered shares of ReposiTrak from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings reiterated a “hold (c+)” rating on shares of ReposiTrak in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Hedge Funds Weigh In On ReposiTrak

Several hedge funds have recently modified their holdings of the stock. Los Angeles Capital Management LLC purchased a new stake in ReposiTrak during the 2nd quarter worth approximately $818,000. Ashford Capital Management Inc. raised its holdings in shares of ReposiTrak by 93.7% in the second quarter. Ashford Capital Management Inc. now owns 792,154 shares of the company’s stock worth $15,566,000 after buying an additional 383,283 shares during the last quarter. Handelsbanken Fonder AB lifted its stake in shares of ReposiTrak by 7.1% during the second quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock worth $32,508,000 after buying an additional 110,000 shares during the period. Coldstream Capital Management Inc. increased its position in shares of ReposiTrak by 47,619.0% in the 2nd quarter. Coldstream Capital Management Inc. now owns 20,042 shares of the company’s stock valued at $394,000 after acquiring an additional 20,000 shares during the period. Finally, Ingalls & Snyder LLC increased its position 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 acquiring an additional 2,554 shares during the period. Institutional investors and hedge funds 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.