Repositrak, Inc. (NYSE:TRAK) CEO Sells $32,610.00 in Stock

Repositrak, Inc. (NYSE:TRAK - Get Free Report) CEO Randall K. Fields sold 1,500 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $21.74, for a total transaction of $32,610.00. Following the completion of the transaction, the chief executive officer now directly owns 183,000 shares in the company, valued at approximately $3,978,420. The trade was a 0.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Repositrak Trading Up 1.5%

Shares of TRAK traded up $0.30 during trading hours on Thursday, reaching $20.91. 45,831 shares of the company traded hands, compared to its average volume of 47,106. Repositrak, Inc. has a 12-month low of $14.23 and a 12-month high of $25.01. The firm has a market capitalization of $382.15 million, a P/E ratio of 61.50 and a beta of 0.54.

Repositrak Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.02 per share. The ex-dividend date is Tuesday, September 30th. This represents a $0.08 annualized dividend and a dividend yield of 0.38%. This is an increase from Repositrak's previous quarterly dividend of $0.02. Repositrak's dividend payout ratio is 23.53%.

Hedge Funds Weigh In On Repositrak

A hedge fund recently raised its stake in Repositrak stock. Ellsworth Advisors LLC lifted its position in shares of Repositrak, Inc. (NYSE:TRAK - Free Report) by 10.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,289 shares of the company's stock after purchasing an additional 2,997 shares during the quarter. Ellsworth Advisors LLC owned 0.17% of Repositrak worth $634,000 as of its most recent SEC filing. Institutional investors and hedge funds own 27.35% of the company's stock.

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.