Insider Selling: ReposiTrak (NYSE:TRAK) CEO Sells $39,888.00 in Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 3,600 shares of ReposiTrak stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $11.08, for a total value of $39,888.00. Following the sale, the chief executive officer directly owned 147,900 shares of the company’s stock, valued at approximately $1,638,732. The trade was a 2.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

ReposiTrak Price Performance

Shares of TRAK stock opened at $10.81 on Monday. The firm has a market cap of $197.71 million, a P/E ratio of 30.03 and a beta of 0.41. The stock’s 50-day moving average is $13.07 and its two-hundred day moving average is $15.36. ReposiTrak Inc. has a fifty-two week low of $10.75 and a fifty-two week high of $23.72.

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on TRAK shares. Weiss Ratings reissued a “hold (c+)” rating on shares of ReposiTrak in a research report on Monday, December 29th. Wall Street Zen downgraded shares of ReposiTrak from a “buy” rating to a “hold” rating in a report on Saturday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TRAK. R Squared Ltd bought a new stake in shares of ReposiTrak in the second quarter valued at about $235,000. Ingalls & Snyder LLC lifted 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 worth $3,905,000 after acquiring an additional 2,554 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of ReposiTrak during the 2nd quarter worth approximately $818,000. Prescott Group Capital Management L.L.C. increased its position in shares of ReposiTrak by 47.2% during the second quarter. Prescott Group Capital Management L.L.C. now owns 26,284 shares of the company’s stock valued at $516,000 after purchasing an additional 8,428 shares during the period. Finally, Handelsbanken Fonder AB increased its position 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 valued at $32,508,000 after purchasing an additional 110,000 shares during the period. 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.