Insider Selling: ReposiTrak (NYSE:TRAK) CEO Sells 5,000 Shares of Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 5,000 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $12.27, for a total value of $61,350.00. Following the completion of the sale, the chief executive officer owned 155,000 shares in the company, valued at approximately $1,901,850. This represents a 3.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

ReposiTrak Stock Performance

ReposiTrak stock remained flat at $11.76 during mid-day trading on Wednesday. 60,791 shares of the company’s stock traded hands, compared to its average volume of 84,048. The business has a 50-day moving average of $13.67 and a two-hundred day moving average of $15.83. The stock has a market cap of $215.09 million, a PE ratio of 32.67 and a beta of 0.41. ReposiTrak Inc. has a one year low of $11.51 and a one year high of $23.72.

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

Institutional Trading of ReposiTrak

A number of institutional investors have recently bought and sold shares of TRAK. Polar Asset Management Partners Inc. purchased a new stake in shares of ReposiTrak in the 3rd quarter worth about $519,000. Coldstream Capital Management Inc. raised its position in ReposiTrak by 99.8% during the third quarter. Coldstream Capital Management Inc. now owns 40,042 shares of the company’s stock worth $594,000 after acquiring an additional 20,000 shares during the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of ReposiTrak in the third quarter valued at about $317,000. Ashford Capital Management Inc. grew its position in shares of ReposiTrak by 2.9% in the third quarter. Ashford Capital Management Inc. now owns 815,208 shares of the company’s stock valued at $12,081,000 after purchasing an additional 23,054 shares during the last quarter. Finally, 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 worth $257,000 after purchasing an additional 3,185 shares in the last quarter. 27.35% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TRAK has been the topic of several recent analyst reports. Wall Street Zen upgraded ReposiTrak from a “hold” rating to a “buy” rating in a research report on Saturday. 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.com, the stock has a consensus 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.