Insider Selling: ReposiTrak Inc. (NYSE:TRAK) CEO Sells 3,500 Shares of Stock

Key Points

• CEO Randall K. Fields sold 3,500 shares of ReposiTrak Inc. at an average price of $17.11, reducing his ownership by 2.73% to 124,500 shares.
• ReposiTrak's stock price fell 4.5% to $16.82, with a market capitalization of $307.47 million and a one-year trading range between $15.72 and $25.01.
• The company announced a quarterly dividend of $0.0182 per share, representing an annualized yield of 0.43%.

ReposiTrak Inc. (NYSE:TRAK - Get Free Report) CEO Randall K. Fields sold 3,500 shares of the business's stock in a transaction dated Wednesday, July 30th. The stock was sold at an average price of $17.11, for a total value of $59,885.00. Following the transaction, the chief executive officer owned 124,500 shares of the company's stock, valued at $2,130,195. The trade was a 2.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

ReposiTrak Trading Down 2.4%

Shares of ReposiTrak stock traded down $0.39 on Friday, reaching $16.09. 90,815 shares of the company were exchanged, compared to its average volume of 50,431. The firm has a market cap of $294.13 million, a P/E ratio of 47.32 and a beta of 0.51. The firm's 50-day moving average is $19.90. ReposiTrak Inc. has a one year low of $15.12 and a one year high of $25.01. The company has a quick ratio of 6.03, a current ratio of 6.03 and a debt-to-equity ratio of 0.01.

ReposiTrak Cuts Dividend

The firm 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 $0.0182 dividend. The ex-dividend date is Monday, June 30th. This represents a $0.07 annualized dividend and a yield of 0.5%. ReposiTrak's dividend payout ratio is currently 20.59%.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Ingalls & Snyder LLC lifted its holdings in shares of 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 in the last quarter. R Squared Ltd bought a new stake in ReposiTrak in the 2nd quarter valued at about $235,000. Finally, Ellsworth Advisors LLC increased its holdings in ReposiTrak by 10.6% in the 1st quarter. Ellsworth Advisors LLC now owns 31,289 shares of the company's stock valued at $634,000 after buying an additional 2,997 shares during the period. 27.35% of the stock is owned by institutional investors.

About ReposiTrak

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.