Insider Selling: ReposiTrak (NYSE:TRAK) CEO Sells $26,460.00 in Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 3,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $8.82, for a total transaction of $26,460.00. Following the completion of the transaction, the chief executive officer owned 107,500 shares in the company, valued at approximately $948,150. This represents a 2.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

ReposiTrak Stock Performance

NYSE TRAK opened at $8.73 on Monday. The stock has a market cap of $158.89 million, a PE ratio of 23.59 and a beta of 0.46. The firm has a 50-day moving average of $11.38 and a 200-day moving average of $13.98. ReposiTrak Inc. has a 52-week low of $8.69 and a 52-week high of $23.72.

ReposiTrak (NYSE:TRAK) last released its quarterly earnings results on Tuesday, February 17th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $5.86 million for the quarter. ReposiTrak had a net margin of 30.62% and a return on equity of 14.52%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of ReposiTrak in a report on Monday, December 29th. Wall Street Zen cut ReposiTrak from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. 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”.

Institutional Investors Weigh In On ReposiTrak

A number of large investors have recently added to or reduced their stakes in the stock. R Squared Ltd bought a new position in ReposiTrak during the 2nd quarter worth $235,000. Ingalls & Snyder LLC lifted its position in shares of ReposiTrak by 1.3% during 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. Los Angeles Capital Management LLC acquired a new stake in shares of ReposiTrak during the 2nd quarter worth $818,000. Prescott Group Capital Management L.L.C. increased its position in shares of ReposiTrak by 47.2% in the second quarter. Prescott Group Capital Management L.L.C. now owns 26,284 shares of the company’s stock worth $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% in the second quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock worth $32,508,000 after purchasing an additional 110,000 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.