Insider Selling: ReposiTrak Inc. (NYSE:TRAK) CEO Sells 2,500 Shares of Stock

ReposiTrak Inc. (NYSE:TRAK - Get Free Report) CEO Randall K. Fields sold 2,500 shares of the firm's stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $20.38, for a total transaction of $50,950.00. Following the transaction, the chief executive officer now directly owns 169,500 shares of the company's stock, valued at $3,454,410. The trade was a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

ReposiTrak Price Performance

TRAK stock traded up $0.35 during trading on Wednesday, hitting $20.31. The company had a trading volume of 35,580 shares, compared to its average volume of 46,902. ReposiTrak Inc. has a fifty-two week low of $14.23 and a fifty-two week high of $25.01. The firm has a market cap of $371.27 million, a price-to-earnings ratio of 59.74 and a beta of 0.54. 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 Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.02 per share. The ex-dividend date is Tuesday, September 30th. This is a boost from ReposiTrak's previous quarterly dividend of $0.02. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.39%. ReposiTrak's dividend payout ratio (DPR) is presently 20.59%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded ReposiTrak from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd.

Institutional Investors Weigh In On ReposiTrak

A hedge fund recently raised its stake in ReposiTrak stock. Ellsworth Advisors LLC raised its position in ReposiTrak Inc. (NYSE:TRAK - Free Report) by 10.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,289 shares of the company's stock after buying an additional 2,997 shares during the period. Ellsworth Advisors LLC owned 0.17% of ReposiTrak worth $634,000 as of its most recent SEC filing. Institutional investors and hedge funds own 27.35% of the company's stock.

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.

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