Insider Selling: ReposiTrak (NYSE:TRAK) CEO Sells 4,000 Shares of Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $15.89, for a total value of $63,560.00. Following the transaction, the chief executive officer directly owned 94,500 shares in the company, valued at $1,501,605. This trade represents a 4.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

ReposiTrak Stock Up 0.5%

NYSE:TRAK opened at $16.28 on Friday. The firm has a market cap of $297.60 million, a price-to-earnings ratio of 47.88 and a beta of 0.50. ReposiTrak Inc. has a twelve month low of $15.12 and a twelve month high of $25.01. The business’s 50 day moving average is $17.94. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.03 and a quick ratio of 6.03.

ReposiTrak Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Monday, June 30th were given a dividend of $0.0182 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.07 annualized dividend and a dividend yield of 0.4%. ReposiTrak’s payout ratio is 20.59%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised ReposiTrak from a “hold” rating to a “buy” rating in a research report on Thursday, May 22nd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Handelsbanken Fonder AB boosted its stake in shares of ReposiTrak by 7.1% during the 2nd quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock worth $32,508,000 after acquiring an additional 110,000 shares during the period. Ashford Capital Management Inc. boosted its stake in ReposiTrak by 93.7% in the 2nd quarter. Ashford Capital Management Inc. now owns 792,154 shares of the company’s stock valued at $15,566,000 after purchasing an additional 383,283 shares during the period. Ingalls & Snyder LLC boosted its stake in ReposiTrak by 1.3% in the 2nd quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company’s stock valued at $3,905,000 after purchasing an additional 2,554 shares during the period. Los Angeles Capital Management LLC bought a new stake in ReposiTrak in the 2nd quarter valued at $818,000. Finally, Jane Street Group LLC bought a new stake in ReposiTrak in the 2nd quarter valued at $802,000. 27.35% of the stock is currently owned by institutional investors.

About ReposiTrak

Park City Group, Inc, a software-as-a-service provider, designs, develops, and markets proprietary software products in North America. The company offers ReposiTrak MarketPlace, a supplier discovery and B2B e-commerce solution; ReposiTrak Compliance and Food Safety solutions, which reduces potential regulatory and legal risk from their supply chain partners; and ReposiTrak Supply Chain solutions that enables customers to manage relationships with suppliers.