ReposiTrak Inc. (NYSE:TRAK) CEO Sells $55,784.40 in Stock

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 shares were sold at an average price of $16.03, for a total value of $55,784.40. Following the completion of the sale, the chief executive officer owned 117,000 shares in the company, valued at approximately $1,875,510. The trade was a 2.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

ReposiTrak Stock Performance

TRAK traded up $0.24 on Friday, reaching $16.75. The company had a trading volume of 60,107 shares, compared to its average volume of 52,996. ReposiTrak Inc. has a 52-week low of $15.12 and a 52-week high of $25.01. The stock has a market capitalization of $306.19 million, a P/E ratio of 49.27 and a beta of 0.50. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.03 and a current ratio of 6.03. The business has a 50 day moving average of $19.21.

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 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 0.4%. ReposiTrak's dividend payout ratio is 20.59%.

Analyst Ratings Changes

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

Institutional Trading of ReposiTrak

Several institutional investors have recently added to or reduced their stakes in TRAK. R Squared Ltd purchased a new position in shares of ReposiTrak during the second quarter valued at about $235,000. Prescott Group Capital Management L.L.C. boosted its position in ReposiTrak by 47.2% during 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 acquiring an additional 8,428 shares in the last quarter. Ellsworth Advisors LLC boosted its position in ReposiTrak by 10.6% during the 1st quarter. Ellsworth Advisors LLC now owns 31,289 shares of the company's stock valued at $634,000 after acquiring an additional 2,997 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of ReposiTrak during the 2nd quarter worth approximately $818,000. Finally, Ingalls & Snyder LLC raised its position in shares of ReposiTrak by 1.3% in the 2nd quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company's stock worth $3,905,000 after acquiring an additional 2,554 shares in the last quarter. 27.35% of the stock is currently owned by hedge funds and other institutional investors.

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.