ReposiTrak Inc. (NYSE:TRAK) CEO Sells $59,885.00 in 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 that occurred on Wednesday, July 30th. The stock was sold at an average price of $17.11, for a total transaction of $59,885.00. Following the transaction, the chief executive officer owned 124,500 shares of the company's stock, valued at approximately $2,130,195. This trade represents a 2.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

ReposiTrak Trading Down 2.4%

Shares of TRAK stock traded down $0.39 during trading hours on Friday, reaching $16.09. 90,815 shares of the company's stock were exchanged, compared to its average volume of 47,728. ReposiTrak Inc. has a 1 year low of $15.12 and a 1 year high of $25.01. The stock has a market cap of $294.13 million, a PE ratio of 47.32 and a beta of 0.51. 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 firm has a fifty day moving average price of $19.78.

ReposiTrak Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 14th. Shareholders of record on Monday, June 30th will be given a dividend of $0.0182 per share. This represents a $0.07 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Monday, June 30th. ReposiTrak's payout ratio is currently 20.59%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Ingalls & Snyder LLC lifted its stake 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 during the period. R Squared Ltd acquired a new position in shares of ReposiTrak in the 2nd quarter valued at $235,000. Finally, Ellsworth Advisors LLC raised its stake in ReposiTrak by 10.6% in the 1st quarter. Ellsworth Advisors LLC now owns 31,289 shares of the company's stock worth $634,000 after acquiring an additional 2,997 shares during the last quarter. Institutional investors and hedge funds own 27.35% of the company's stock.

Wall Street Analyst Weigh In

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

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.