ReposiTrak (NYSE:TRAK) Trading Down 2.6% – Should You Sell?

ReposiTrak Inc. (NYSE:TRAK) shares dropped 2.6% on Friday . The company traded as low as $9.33 and last traded at $9.46. Approximately 84,798 shares were traded during trading, an increase of 13% from the average daily volume of 75,058 shares. The stock had previously closed at $9.71.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of ReposiTrak from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, April 27th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

ReposiTrak Price Performance

The company’s fifty day moving average price is $9.13 and its 200 day moving average price is $10.16. The company has a market cap of $171.89 million, a PE ratio of 25.57 and a beta of 0.79.

ReposiTrak (NYSE:TRAK) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter. ReposiTrak had a net margin of 30.75% and a return on equity of 14.44%. The business had revenue of $5.88 million during the quarter.

ReposiTrak Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, March 31st. ReposiTrak’s dividend payout ratio (DPR) is currently 21.62%.

Insiders Place Their Bets

In other ReposiTrak news, CEO Randall K. Fields sold 7,500 shares of the stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $8.06, for a total transaction of $60,450.00. Following the completion of the transaction, the chief executive officer owned 70,000 shares in the company, valued at $564,200. This trade represents a 9.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 15,000 shares of company stock worth $120,825 in the last three months. 41.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On ReposiTrak

A number of large investors have recently modified their holdings of TRAK. Rhumbline Advisers boosted its position in shares of ReposiTrak by 69.1% in the second quarter. Rhumbline Advisers now owns 18,036 shares of the company’s stock valued at $354,000 after acquiring an additional 7,371 shares during the period. American Century Companies Inc. boosted its position in shares of ReposiTrak by 17.4% in the second quarter. American Century Companies Inc. now owns 23,344 shares of the company’s stock valued at $459,000 after acquiring an additional 3,455 shares during the period. Jane Street Group LLC bought a new position in shares of ReposiTrak in the second quarter valued at approximately $802,000. BNP Paribas Financial Markets boosted its position in shares of ReposiTrak by 63.5% in the second quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock valued at $32,000 after acquiring an additional 634 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position 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 acquiring an additional 2,892 shares during the period. 27.35% of the stock is currently owned by institutional investors.

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.