ReposiTrak Inc. (NYSE:TRAK) CEO Randall K. Fields Sells 3,480 Shares

Key Points

• CEO Randall K. Fields sold 3,480 shares of ReposiTrak Inc. at an average price of $16.03, decreasing his ownership by 2.89% to 117,000 shares valued at approximately $1.88 million.
• ReposiTrak recently declared a quarterly dividend of $0.0182 per share, with an annualized yield of 0.5% and a payout ratio of 20.59%.
• Wall Street analysts upgraded ReposiTrak from a "hold" rating to a "buy" rating, reflecting increased confidence in the company's stock performance.

ReposiTrak Inc. (NYSE:TRAK - Get Free Report) CEO Randall K. Fields sold 3,480 shares of the business's stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $16.03, for a total transaction of $55,784.40. Following the completion of the sale, the chief executive officer owned 117,000 shares of the company's stock, valued at $1,875,510. The trade was a 2.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

ReposiTrak Stock Performance

Shares of ReposiTrak stock traded down $0.28 on Thursday, reaching $16.40. The stock had a trading volume of 63,633 shares, compared to its average volume of 50,692. The business has a 50-day moving average price of $19.43. 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 fifty-two week low of $15.12 and a fifty-two week high of $25.01. The company has a market capitalization of $299.79 million, a PE ratio of 48.24 and a beta of 0.50.

ReposiTrak Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 14th. Investors of record on Monday, June 30th will be paid a dividend of $0.0182 per share. This represents a $0.07 annualized dividend and a yield of 0.4%. The ex-dividend date is Monday, June 30th. ReposiTrak's dividend payout ratio is presently 20.59%.

Analyst Ratings Changes

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

Hedge Funds Weigh In On ReposiTrak

Several large investors have recently bought and sold shares of the stock. R Squared Ltd bought a new stake in ReposiTrak in the 2nd quarter valued at $235,000. Prescott Group Capital Management L.L.C. increased its holdings in ReposiTrak by 47.2% in the 2nd quarter. Prescott Group Capital Management L.L.C. now owns 26,284 shares of the company's stock valued at $516,000 after buying an additional 8,428 shares during the period. Ellsworth Advisors LLC increased its holdings in ReposiTrak by 10.6% in the 1st quarter. Ellsworth Advisors LLC now owns 31,289 shares of the company's stock valued at $634,000 after buying an additional 2,997 shares during the period. Los Angeles Capital Management LLC bought a new stake in ReposiTrak in the 2nd quarter valued at $818,000. Finally, Ingalls & Snyder LLC increased its holdings in ReposiTrak by 1.3% in the 2nd quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company's stock valued at $3,905,000 after buying an additional 2,554 shares during the period. 27.35% of the stock is currently owned by institutional investors and hedge funds.

About ReposiTrak

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.