Rice Hall James & Associates LLC Sells 80,855 Shares of ReposiTrak Inc. $TRAK

Rice Hall James & Associates LLC trimmed its position in ReposiTrak Inc. (NYSE:TRAK) by 9.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 745,944 shares of the company’s stock after selling 80,855 shares during the quarter. Rice Hall James & Associates LLC’s holdings in ReposiTrak were worth $11,055,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. BNP Paribas Financial Markets grew its stake in 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. Ingalls & Snyder LLC lifted its holdings in shares of ReposiTrak by 1.3% in the 2nd quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company’s stock worth $3,905,000 after purchasing an additional 2,554 shares in the last quarter. Tower Research Capital LLC TRC grew its position in ReposiTrak by 397.3% in the 2nd 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. Ellsworth Advisors LLC increased its stake in ReposiTrak by 10.6% during the 1st quarter. Ellsworth Advisors LLC now owns 31,289 shares of the company’s stock valued at $634,000 after purchasing an additional 2,997 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in ReposiTrak by 17.4% during the second quarter. American Century Companies Inc. now owns 23,344 shares of the company’s stock worth $459,000 after buying an additional 3,455 shares during the last quarter. Institutional investors own 27.35% of the company’s stock.

Insider Buying and Selling

In other ReposiTrak news, CEO Randall K. Fields sold 4,500 shares of the business’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $13.26, for a total value of $59,670.00. Following the transaction, the chief executive officer directly owned 167,500 shares in the company, valued at $2,221,050. The trade was a 2.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 90,000 shares of company stock valued at $1,289,317 over the last 90 days. Insiders own 41.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TRAK. Weiss Ratings restated a “hold (c+)” rating on shares of ReposiTrak in a report on Monday. Wall Street Zen cut ReposiTrak from a “buy” rating to a “hold” rating in a research report on Sunday, December 21st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

ReposiTrak Stock Down 1.9%

Shares of NYSE TRAK opened at $13.14 on Friday. ReposiTrak Inc. has a twelve month low of $12.16 and a twelve month high of $23.72. The stock’s 50 day moving average price is $14.11 and its 200-day moving average price is $16.30. The company has a market capitalization of $240.33 million, a PE ratio of 36.50 and a beta of 0.39.

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

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.