ReposiTrak (NYSE:TRAK) Stock Rating Upgraded by Wall Street Zen

ReposiTrak (NYSE:TRAK) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of ReposiTrak in a research note on Monday. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

ReposiTrak Stock Down 4.5%

Shares of TRAK stock opened at $11.81 on Friday. The company has a 50 day moving average price of $13.81 and a 200-day moving average price of $16.01. ReposiTrak has a 52 week low of $11.79 and a 52 week high of $23.72. The firm has a market capitalization of $216.00 million, a PE ratio of 32.81 and a beta of 0.41.

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. ReposiTrak had a return on equity of 14.37% and a net margin of 30.52%.The business had revenue of $5.97 million during the quarter.

Insider Activity at ReposiTrak

In other news, Director Ronald C. Hodge sold 18,906 shares of the business’s stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $13.16, for a total transaction of $248,802.96. Following the completion of the sale, the director directly owned 561,869 shares of the company’s stock, valued at approximately $7,394,196.04. The trade was a 3.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Randall K. Fields sold 7,500 shares of the company’s stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $12.34, for a total transaction of $92,550.00. Following the completion of the transaction, the chief executive officer owned 160,000 shares in the company, valued at approximately $1,974,400. The trade was a 4.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 110,547 shares of company stock worth $1,532,070. Company insiders own 41.00% of the company’s stock.

Institutional Trading of ReposiTrak

Large investors have recently modified their holdings of the company. Ellsworth Advisors LLC grew its stake in ReposiTrak by 10.6% in the first quarter. Ellsworth Advisors LLC now owns 31,289 shares of the company’s stock worth $634,000 after purchasing an additional 2,997 shares in the last quarter. R Squared Ltd purchased a new stake in shares of ReposiTrak in the 2nd quarter worth $235,000. Ingalls & Snyder LLC increased its stake in shares of ReposiTrak by 1.3% during the second quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company’s stock valued at $3,905,000 after buying an additional 2,554 shares during the period. Los Angeles Capital Management LLC bought a new stake in shares of ReposiTrak in the second quarter valued at about $818,000. Finally, Prescott Group Capital Management L.L.C. lifted its stake in 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 acquiring an additional 8,428 shares during the period. Hedge funds and other institutional investors 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.