Insider Selling: ReposiTrak Inc. (NYSE:TRAK) CEO Sells 2,000 Shares of Stock

Key Points

• CEO Randall K. Fields sold 2,000 shares of ReposiTrak stock for $36,540, reducing his ownership by 1.52% to 130,000 shares valued at approximately $2.37 million.
• ReposiTrak's stock price decreased by 4.5%, closing at $16.82, with a 12-month high of $25.01 and a low of $15.72.
• The company declared a quarterly dividend of $0.0182 per share, yielding 0.43%, with a payout ratio of 20.59%.

ReposiTrak Inc. (NYSE:TRAK - Get Free Report) CEO Randall K. Fields sold 2,000 shares of the business's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $18.27, for a total value of $36,540.00. Following the completion of the transaction, the chief executive officer directly owned 130,000 shares of the company's stock, valued at $2,375,100. The trade was a 1.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

ReposiTrak Trading Down 2.4%

TRAK traded down $0.39 on Friday, reaching $16.09. The stock had a trading volume of 90,815 shares, compared to its average volume of 47,728. The company has a 50-day moving average price of $19.78. The company has a market cap of $294.13 million, a P/E ratio of 47.32 and a beta of 0.51. ReposiTrak Inc. has a 12-month low of $15.12 and a 12-month high of $25.01. 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 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 issued a $0.0182 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.07 dividend on an annualized basis and a yield of 0.5%. ReposiTrak's dividend payout ratio is presently 20.59%.

Hedge Funds Weigh In On ReposiTrak

Large investors have recently bought and sold shares of the business. Ingalls & Snyder LLC grew its position in shares of ReposiTrak by 1.3% in the second quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company's stock valued at $3,905,000 after purchasing an additional 2,554 shares during the period. R Squared Ltd purchased a new position in ReposiTrak in the 2nd quarter valued at about $235,000. Finally, Ellsworth Advisors LLC boosted its holdings 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 buying an additional 2,997 shares during the last quarter. Institutional investors and hedge funds own 27.35% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of ReposiTrak from a "hold" rating to a "buy" rating in a 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.