Randall K. Fields Sells 7,500 Shares of ReposiTrak (NYSE:TRAK) Stock

Key Points

• CEO Randall Fields of ReposiTrak sold 7,500 shares at an average price of $16.06, reducing his ownership by 8.62%.
• The company recently cut its quarterly dividend to $0.0182 per share, reflecting an annualized yield of 0.4%.
• ReposiTrak received an upgrade from a "hold" to a "buy" rating by analysts at Wall Street Zen.

ReposiTrak Inc. (NYSE:TRAK - Get Free Report) CEO Randall K. Fields sold 7,500 shares of ReposiTrak stock in a transaction on Monday, September 8th. The stock was sold at an average price of $16.06, for a total transaction of $120,450.00. Following the completion of the transaction, the chief executive officer directly owned 79,500 shares in the company, valued at $1,276,770. This represents a 8.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

ReposiTrak Stock Down 1.3%

Shares of TRAK traded down $0.22 during trading hours on Friday, reaching $16.98. 33,886 shares of the company traded hands, compared to its average volume of 49,281. The company has a market capitalization of $310.39 million, a PE ratio of 49.94 and a beta of 0.47. 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 Inc. has a 12-month low of $15.12 and a 12-month high of $25.01. The stock has a fifty day simple moving average of $17.27.

ReposiTrak Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Monday, June 30th were issued a dividend of $0.0182 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.4%. ReposiTrak's payout ratio is 20.59%.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets lifted its position in ReposiTrak by 63.5% during the second quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company's stock valued at $32,000 after purchasing an additional 634 shares during the period. Ingalls & Snyder LLC lifted its position in ReposiTrak by 1.3% during 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. Tower Research Capital LLC TRC lifted its position in ReposiTrak by 397.3% during the second quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company's stock valued at $71,000 after purchasing an additional 2,892 shares during the period. Ellsworth Advisors LLC lifted its position in ReposiTrak by 10.6% during the first quarter. Ellsworth Advisors LLC now owns 31,289 shares of the company's stock valued at $634,000 after purchasing an additional 2,997 shares during the period. Finally, American Century Companies Inc. lifted its position in ReposiTrak by 17.4% during the second quarter. American Century Companies Inc. now owns 23,344 shares of the company's stock valued at $459,000 after purchasing an additional 3,455 shares during the period. 27.35% of the stock is currently owned by institutional investors and hedge funds.

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.