Ashford Capital Management Inc. Has $8.41 Million Stock Position in ReposiTrak Inc. $TRAK

Ashford Capital Management Inc. lessened its stake in shares of ReposiTrak Inc. (NYSE:TRAK) by 16.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 679,581 shares of the company’s stock after selling 135,627 shares during the quarter. Ashford Capital Management Inc.’s holdings in ReposiTrak were worth $8,406,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of TRAK. Rhumbline Advisers lifted its holdings in shares of ReposiTrak by 69.1% during the second quarter. Rhumbline Advisers now owns 18,036 shares of the company’s stock worth $354,000 after purchasing an additional 7,371 shares during the period. American Century Companies Inc. raised its position in shares of ReposiTrak by 17.4% in the 2nd quarter. American Century Companies Inc. now owns 23,344 shares of the company’s stock worth $459,000 after acquiring an additional 3,455 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of ReposiTrak during the second quarter valued at about $802,000. BNP Paribas Financial Markets raised its holdings in shares of ReposiTrak by 63.5% during the second quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock valued at $32,000 after purchasing an additional 634 shares during the period. Finally, Tower Research Capital LLC TRC raised its holdings in shares of ReposiTrak by 397.3% during the second quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company’s stock valued at $71,000 after purchasing an additional 2,892 shares during the period. Institutional investors and hedge funds own 27.35% of the company’s stock.

Insider Buying and Selling at ReposiTrak

In other news, CEO Randall K. Fields sold 7,500 shares of the stock in a transaction that occurred on 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 directly owned 70,000 shares of the company’s stock, valued at $564,200. This represents a 9.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 41.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of ReposiTrak from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, April 27th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

ReposiTrak Stock Performance

Shares of TRAK stock opened at $9.39 on Wednesday. ReposiTrak Inc. has a 52-week low of $6.94 and a 52-week high of $20.77. The company has a 50-day simple moving average of $9.21 and a two-hundred day simple moving average of $10.09. The company has a market capitalization of $170.65 million, a price-to-earnings ratio of 25.38 and a beta of 0.79.

ReposiTrak (NYSE:TRAK) last issued 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 business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders 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 dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, March 31st. ReposiTrak’s dividend payout ratio is currently 21.62%.

ReposiTrak 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.