ReposiTrak (NYSE:TRAK) CEO Randall Fields Sells 2,900 Shares

by · The Cerbat Gem

ReposiTrak Inc. (NYSE:TRAKGet Free Report) CEO Randall Fields sold 2,900 shares of the firm’s stock in a transaction dated Friday, January 16th. The shares were 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 owned 145,000 shares of the company’s stock, valued at $1,573,250. This trade represents a 1.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

ReposiTrak Price Performance

ReposiTrak stock traded down $0.21 during mid-day trading on Friday, hitting $10.81. 93,700 shares of the company’s stock traded hands, compared to its average volume of 96,109. The firm has a 50 day simple moving average of $13.16 and a two-hundred day simple moving average of $15.48. ReposiTrak Inc. has a fifty-two week low of $10.75 and a fifty-two week high of $23.72. The stock has a market cap of $197.71 million, a price-to-earnings ratio of 30.03 and a beta of 0.41.

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of ReposiTrak in a research note on Monday, December 29th. Wall Street Zen upgraded shares of ReposiTrak from a “hold” rating to a “buy” rating in a research note on Saturday, January 3rd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, ReposiTrak currently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on TRAK

Institutional Trading of ReposiTrak

Several institutional investors have recently added to or reduced their stakes in the stock. R Squared Ltd acquired a new stake in ReposiTrak during the second quarter worth approximately $235,000. Ingalls & Snyder LLC boosted its holdings in shares of ReposiTrak by 1.3% during the 2nd quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company’s stock worth $3,905,000 after buying an additional 2,554 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of ReposiTrak in the 2nd quarter valued at $818,000. Prescott Group Capital Management L.L.C. lifted its position in shares of ReposiTrak by 47.2% during the 2nd quarter. Prescott Group Capital Management L.L.C. now owns 26,284 shares of the company’s stock valued at $516,000 after acquiring an additional 8,428 shares during the period. Finally, Handelsbanken Fonder AB lifted its position in shares of ReposiTrak by 7.1% during the 2nd quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock valued at $32,508,000 after acquiring an additional 110,000 shares during the period. 27.35% of the stock is currently owned by institutional investors.

ReposiTrak Company Profile

(Get Free Report)

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.

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