ReposiTrak Inc. (NYSE:TRAK) CEO Sells $28,410.00 in Stock

ReposiTrak Inc. (NYSE:TRAK - Get Free Report) CEO Randall K. Fields sold 1,500 shares of the firm's stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $18.94, for a total transaction of $28,410.00. Following the transaction, the chief executive officer directly owned 145,500 shares in the company, valued at approximately $2,755,770. This represents a 1.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

ReposiTrak Stock Performance

Shares of TRAK traded down $0.06 during mid-day trading on Thursday, reaching $18.58. The company had a trading volume of 22,903 shares, compared to its average volume of 50,230. The business's 50 day moving average price is $20.52. ReposiTrak Inc. has a 1-year low of $15.72 and a 1-year high of $25.01. The company has a quick ratio of 6.03, a current ratio of 6.03 and a debt-to-equity ratio of 0.01. The company has a market cap of $339.64 million, a P/E ratio of 54.65 and a beta of 0.51.

ReposiTrak Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 14th. Stockholders of record on Monday, June 30th will be paid a $0.0182 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.39%. ReposiTrak's payout ratio is currently 20.59%.

Institutional Investors Weigh In On ReposiTrak

An institutional investor recently raised its position in ReposiTrak stock. Ellsworth Advisors LLC increased its holdings in shares of ReposiTrak Inc. (NYSE:TRAK - Free Report) by 10.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,289 shares of the company's stock after buying an additional 2,997 shares during the period. Ellsworth Advisors LLC owned about 0.17% of ReposiTrak worth $634,000 at the end of the most recent quarter. 27.35% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of ReposiTrak from a "hold" rating to a "buy" rating in a research note 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.