Randall K. Fields Sells 5,500 Shares of ReposiTrak Inc. (NYSE:TRAK) Stock

ReposiTrak Inc. (NYSE:TRAK - Get Free Report) CEO Randall K. Fields sold 5,500 shares of the business's stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of $19.57, for a total value of $107,635.00. Following the transaction, the chief executive officer owned 147,000 shares of the company's stock, valued at $2,876,790. This trade represents a 3.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

ReposiTrak Stock Performance

Shares of TRAK traded up $0.10 during midday trading on Wednesday, hitting $19.74. 22,403 shares of the company's stock traded hands, compared to its average volume of 50,176. ReposiTrak Inc. has a 1 year low of $15.72 and a 1 year high of $25.01. The company has a current ratio of 6.03, a quick ratio of 6.03 and a debt-to-equity ratio of 0.01. The firm has a market cap of $360.77 million, a PE ratio of 58.06 and a beta of 0.51.

ReposiTrak Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 14th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.0182 per share. The ex-dividend date is Monday, June 30th. This represents a $0.07 annualized dividend and a dividend yield of 0.37%. ReposiTrak's dividend payout ratio is presently 23.53%.

Institutional Trading of 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 first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 31,289 shares of the company's stock after acquiring an additional 2,997 shares during the period. Ellsworth Advisors LLC owned approximately 0.17% of ReposiTrak worth $634,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 27.35% of the company's stock.

Analyst Ratings Changes

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