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 business's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $16.84, for a total value of $58,940.00. Following the transaction, the chief executive officer directly owned 109,500 shares in the company, valued at $1,843,980. This trade represents a 3.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

ReposiTrak Price Performance

Shares of TRAK stock traded down $0.07 on Monday, hitting $16.36. 8,071 shares of the company's stock were exchanged, compared to its average volume of 50,332. 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 company has a market capitalization of $299.06 million, a PE ratio of 48.12 and a beta of 0.50. ReposiTrak Inc. has a 12 month low of $15.12 and a 12 month high of $25.01. The stock's 50 day moving average is $18.73.

ReposiTrak Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Monday, June 30th were issued a $0.0182 dividend. The ex-dividend date was Monday, June 30th. This represents a $0.07 annualized dividend and a yield of 0.4%. ReposiTrak's dividend payout ratio is presently 20.59%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in TRAK. BNP Paribas Financial Markets boosted its holdings in ReposiTrak by 63.5% in the second quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company's stock worth $32,000 after acquiring an additional 634 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of ReposiTrak by 397.3% in the second quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company's stock valued at $71,000 after purchasing an additional 2,892 shares in the last quarter. R Squared Ltd bought a new position in shares of ReposiTrak in the second quarter valued at approximately $235,000. Rhumbline Advisers lifted its holdings in shares of ReposiTrak by 69.1% in the second quarter. Rhumbline Advisers now owns 18,036 shares of the company's stock valued at $354,000 after purchasing an additional 7,371 shares in the last quarter. Finally, Coldstream Capital Management Inc. lifted its holdings in shares of ReposiTrak by 47,619.0% in the second quarter. Coldstream Capital Management Inc. now owns 20,042 shares of the company's stock valued at $394,000 after purchasing an additional 20,000 shares in the last quarter. Institutional investors own 27.35% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen raised 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.