ReposiTrak (NYSE:TRAK) CEO Randall Fields Sells 7,500 Shares

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 7,500 shares of the stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $8.06, for a total value of $60,450.00. Following the sale, the chief executive officer owned 70,000 shares of the company’s stock, valued at $564,200. This represents a 9.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

ReposiTrak Trading Up 0.2%

NYSE TRAK opened at $8.06 on Tuesday. The stock’s 50 day moving average is $9.60 and its 200 day moving average is $12.79. ReposiTrak Inc. has a 12 month low of $7.76 and a 12 month high of $23.72. The stock has a market cap of $146.69 million, a PE ratio of 21.78 and a beta of 0.49.

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

ReposiTrak Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, March 31st. ReposiTrak’s dividend payout ratio (DPR) is presently 21.62%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rhumbline Advisers increased its stake in ReposiTrak by 69.1% during the second quarter. Rhumbline Advisers now owns 18,036 shares of the company’s stock worth $354,000 after acquiring an additional 7,371 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of ReposiTrak by 17.4% in the 2nd quarter. American Century Companies Inc. now owns 23,344 shares of the company’s stock valued at $459,000 after purchasing an additional 3,455 shares during the last quarter. Coldstream Capital Management Inc. boosted its holdings 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 worth $394,000 after purchasing an additional 20,000 shares during the period. Jane Street Group LLC bought a new position in shares of ReposiTrak during the 2nd quarter valued at approximately $802,000. Finally, BNP Paribas Financial Markets raised its holdings in ReposiTrak by 63.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock valued at $32,000 after buying an additional 634 shares during the period. Hedge funds and other institutional investors own 27.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on TRAK shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of ReposiTrak in a research note on Monday, December 29th. Wall Street Zen downgraded ReposiTrak from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

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.