ReposiTrak Inc. (NYSE:TRAK) CEO Randall K. Fields Sells 2,000 Shares

ReposiTrak Inc. (NYSE:TRAK - Get Free Report) CEO Randall K. Fields sold 2,000 shares of the company's stock in a transaction on Monday, July 21st. The stock was sold at an average price of $18.50, for a total transaction of $37,000.00. Following the sale, the chief executive officer directly owned 137,500 shares in the company, valued at $2,543,750. This trade represents a 1.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

ReposiTrak Stock Performance

Shares of TRAK stock traded up $0.32 on Friday, hitting $18.39. The company's stock had a trading volume of 25,814 shares, compared to its average volume of 50,029. ReposiTrak Inc. has a fifty-two week low of $15.72 and a fifty-two week high of $25.01. The company has a market cap of $336.10 million, a P/E ratio of 54.09 and a beta of 0.51. The business has a 50 day simple moving average of $20.25. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.03 and a quick ratio of 6.03.

ReposiTrak Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 14th. Investors of record on Monday, June 30th will be given a dividend of $0.0182 per share. This represents a $0.07 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend is Monday, June 30th. ReposiTrak's dividend payout ratio is 23.53%.

Hedge Funds Weigh In On ReposiTrak

An institutional investor recently raised its position in ReposiTrak stock. Ellsworth Advisors LLC increased its holdings in shares of ReposiTrak Inc. (NYSE:TRAK - Free Report) by 10.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 31,289 shares of the company's stock after acquiring an additional 2,997 shares during the quarter. Ellsworth Advisors LLC owned about 0.17% of ReposiTrak worth $634,000 as of its most recent filing with the SEC. 27.35% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised 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.