Randall K. Fields Sells 3,500 Shares of ReposiTrak Inc. (NYSE:TRAK) Stock

Key Points

• CEO Randall K. Fields sold 3,500 shares of ReposiTrak Inc. at an average price of $16.84, totaling $58,940, which reduced his ownership by 3.10% to 109,500 shares.
• ReposiTrak's stock recently traded at $17.24, with a twelve-month range of $15.12 to $25.01, while the company's market cap stands at $315.08 million.
• The company announced a quarterly dividend of $0.0182 per share, with a yield of 0.4% and a payout ratio of 23.53%.

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, August 12th. The shares were sold at an average price of $16.84, for a total transaction of $58,940.00. Following the completion of the transaction, the chief executive officer directly owned 109,500 shares of the company's stock, valued at $1,843,980. The trade was a 3.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

ReposiTrak Price Performance

TRAK stock traded up $0.08 during trading on Wednesday, hitting $17.24. The stock had a trading volume of 18,814 shares, compared to its average volume of 50,848. ReposiTrak Inc. has a twelve month low of $15.12 and a twelve month high of $25.01. The business's 50-day moving average price is $19.04. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.03 and a quick ratio of 6.03. The stock has a market cap of $315.08 million, a PE ratio of 50.71 and a beta of 0.50.

ReposiTrak Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 14th. Shareholders of record on Monday, June 30th will be paid a dividend of $0.0182 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.07 dividend on an annualized basis and a yield of 0.4%. ReposiTrak's payout ratio is 23.53%.

Institutional Trading of ReposiTrak

Large investors have recently added to or reduced their stakes in the stock. Ingalls & Snyder LLC boosted its stake in ReposiTrak by 1.3% during the second quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company's stock worth $3,905,000 after buying an additional 2,554 shares during the period. Ellsworth Advisors LLC grew its holdings in ReposiTrak by 10.6% during the 1st quarter. Ellsworth Advisors LLC now owns 31,289 shares of the company's stock worth $634,000 after acquiring an additional 2,997 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of ReposiTrak by 17.4% in the 2nd quarter. American Century Companies Inc. now owns 23,344 shares of the company's stock valued at $459,000 after acquiring an additional 3,455 shares during the last quarter. Rhumbline Advisers raised its stake in ReposiTrak by 69.1% during the 2nd quarter. Rhumbline Advisers now owns 18,036 shares of the company's stock worth $354,000 after acquiring an additional 7,371 shares in the last quarter. Finally, Prescott Group Capital Management L.L.C. boosted its stake in ReposiTrak by 47.2% in the second 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. 27.35% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

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