ReposiTrak Inc. (NYSE:TRAK) CEO Randall K. Fields Sells 1,500 Shares

ReposiTrak Inc. (NYSE:TRAK - Get Free Report) CEO Randall K. Fields sold 1,500 shares of the stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $20.53, for a total transaction of $30,795.00. Following the completion of the transaction, the chief executive officer now directly owns 175,500 shares in the company, valued at $3,603,015. The trade was a 0.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

ReposiTrak Trading Up 1.8%

Shares of TRAK stock traded up $0.35 on Wednesday, hitting $20.31. The company had a trading volume of 35,580 shares, compared to its average volume of 46,902. ReposiTrak Inc. has a twelve month low of $14.23 and a twelve month high of $25.01. The stock has a market cap of $371.27 million, a price-to-earnings ratio of 59.74 and a beta of 0.54. 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 Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Tuesday, September 30th will be given a $0.02 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $0.08 annualized dividend and a yield of 0.39%. This is an increase from ReposiTrak's previous quarterly dividend of $0.02. ReposiTrak's dividend payout ratio (DPR) is presently 20.59%.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On ReposiTrak

An institutional investor recently raised its position in ReposiTrak stock. Ellsworth Advisors LLC increased its holdings in ReposiTrak Inc. (NYSE:TRAK - Free Report) by 10.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,289 shares of the company's stock after acquiring an additional 2,997 shares during the period. Ellsworth Advisors LLC owned about 0.17% of ReposiTrak worth $634,000 at the end of the most recent quarter. Institutional investors and hedge funds own 27.35% of the company's stock.

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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