Insider Selling: Repositrak, Inc. (NYSE:TRAK) CEO Sells 3,500 Shares of Stock

Repositrak, Inc. (NYSE:TRAK - Get Free Report) CEO Randall K. Fields sold 3,500 shares of the stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $21.52, for a total value of $75,320.00. Following the sale, the chief executive officer now directly owns 179,500 shares of the company's stock, valued at approximately $3,862,840. The trade was a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Repositrak Price Performance

TRAK stock traded down $0.34 during midday trading on Friday, reaching $20.51. 37,764 shares of the company were exchanged, compared to its average volume of 47,022. Repositrak, Inc. has a one year low of $14.23 and a one year high of $25.01. The stock has a market cap of $374.84 million, a price-to-earnings ratio of 60.32 and a beta of 0.54.

Repositrak Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Tuesday, September 30th will be given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date of this dividend is Tuesday, September 30th. This is a boost from Repositrak's previous quarterly dividend of $0.02. Repositrak's payout ratio is presently 23.53%.

Analyst Ratings Changes

Separately, Wall Street Zen raised Repositrak from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd.

Institutional Inflows and Outflows

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

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.