ReposiTrak (NYSE:TRAK) CEO Sells $120,450.00 in Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall Fields sold 7,500 shares of the business’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $16.06, for a total transaction of $120,450.00. Following the completion of the sale, the chief executive officer owned 79,500 shares of the company’s stock, valued at approximately $1,276,770. This represents a 8.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

ReposiTrak Stock Performance

NYSE TRAK opened at $16.98 on Wednesday. The company has a market capitalization of $310.39 million, a P/E ratio of 49.94 and a beta of 0.47. The company’s 50 day simple moving average is $17.44. The company has a current ratio of 6.03, a quick ratio of 6.03 and a debt-to-equity ratio of 0.01. ReposiTrak Inc. has a 52-week low of $15.12 and a 52-week high of $25.01.

ReposiTrak Cuts Dividend

The business also recently announced 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. This represents a $0.07 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 30th. ReposiTrak’s dividend payout ratio (DPR) is 20.59%.

Institutional Investors Weigh In On ReposiTrak

Hedge funds and other institutional investors have recently bought and sold shares of the company. Handelsbanken Fonder AB boosted its stake in ReposiTrak by 7.1% in the second quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock valued at $32,508,000 after acquiring an additional 110,000 shares in the last quarter. Ashford Capital Management Inc. lifted its holdings in shares of ReposiTrak by 93.7% during 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 last quarter. Ingalls & Snyder LLC boosted its position 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. Los Angeles Capital Management LLC purchased a new position in ReposiTrak during the 2nd quarter worth $818,000. Finally, Jane Street Group LLC purchased a new position in ReposiTrak during the 2nd quarter worth $802,000. Hedge funds and other institutional investors own 27.35% of the company’s stock.

Analyst Ratings Changes

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

ReposiTrak Company Profile

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.