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

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 7,500 shares of the company’s stock in a transaction on 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. The trade was a 9.68% 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

Shares of TRAK opened at $7.50 on Wednesday. ReposiTrak Inc. has a 52-week low of $7.50 and a 52-week high of $23.72. The business’s fifty day moving average is $9.52 and its 200-day moving average is $12.72. The firm has a market cap of $136.50 million, a price-to-earnings ratio of 20.27 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 for the quarter. The business had revenue of $5.86 million during the quarter. ReposiTrak had a return on equity of 14.52% and a net margin of 30.62%.

ReposiTrak Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.02 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.1%. ReposiTrak’s dividend payout ratio is 21.62%.

Analysts Set New Price Targets

TRAK has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ReposiTrak in a report on Monday, December 29th. Wall Street Zen cut shares of ReposiTrak from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Hedge Funds Weigh In On ReposiTrak

Hedge funds have recently modified their holdings of the business. State of Alaska Department of Revenue increased its holdings in ReposiTrak by 152.6% in the fourth quarter. State of Alaska Department of Revenue now owns 2,127 shares of the company’s stock valued at $25,000 after purchasing an additional 1,285 shares during the period. BNP Paribas Financial Markets lifted 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 worth $32,000 after buying an additional 634 shares during the period. Flagship Harbor Advisors LLC bought a new stake in shares of ReposiTrak in the 4th quarter valued at about $53,000. Copeland Capital Management LLC bought a new stake in shares of ReposiTrak in the 3rd quarter valued at about $54,000. Finally, Tower Research Capital LLC TRC increased its stake in shares of ReposiTrak by 397.3% in the second quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company’s stock valued at $71,000 after buying an additional 2,892 shares during the period. Institutional investors and hedge funds own 27.35% of the company’s stock.

About ReposiTrak

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.