Insider Selling: Repositrak, Inc. (NYSE:TRAK) CEO Sells 2,500 Shares of Stock

Repositrak, Inc. (NYSE:TRAK - Get Free Report) CEO Randall K. Fields sold 2,500 shares of the business's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $21.24, for a total value of $53,100.00. Following the transaction, the chief executive officer now owns 189,500 shares of the company's stock, valued at $4,024,980. This represents a 1.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Repositrak Stock Up 0.8%

NYSE:TRAK traded up $0.18 during mid-day trading on Thursday, hitting $21.79. The stock had a trading volume of 23,533 shares, compared to its average volume of 47,686. The company has a market cap of $398.23 million, a PE ratio of 64.09 and a beta of 0.56. Repositrak, Inc. has a 52 week low of $14.23 and a 52 week high of $25.01.

Repositrak Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.37%. Repositrak's dividend payout ratio (DPR) is presently 20.59%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Repositrak from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd.

Hedge Funds Weigh In On Repositrak

An institutional investor recently raised its position in Repositrak stock. Ellsworth Advisors LLC boosted its holdings in Repositrak, Inc. (NYSE:TRAK - Free Report) by 10.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (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 0.17% of Repositrak worth $634,000 at the end of the most recent quarter. Hedge funds and other institutional investors 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.