Weiss Ratings Reiterates "Hold (C+)" Rating for ReposiTrak (NYSE:TRAK)

Key Points

• Weiss Ratings reinstated a "Hold (C+)" rating for ReposiTrak (NYSE: TRAK), indicating a cautious outlook on the stock.
• ReposiTrak's stock experienced a 2.4% decline in trading, reaching $14.83, and has a market capitalization of approximately $271.09 million.
• Insider trading activity showed CEO Randall K. Fields sold 7,500 shares, indicating a 7.94% decrease in his ownership, contributing to investor concern.

ReposiTrak (NYSE:TRAK - Get Free Report)'s stock had its "hold (c+)" rating restated by equities research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen lowered ReposiTrak from a "buy" rating to a "hold" rating in a research report on Friday, October 3rd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of "Hold".

ReposiTrak Trading Down 2.4%

Shares of NYSE TRAK traded down $0.36 during mid-day trading on Wednesday, reaching $14.83. 53,166 shares of the company's stock were exchanged, compared to its average volume of 53,048. The stock has a market capitalization of $271.09 million, a price-to-earnings ratio of 42.37 and a beta of 0.44. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.09 and a quick ratio of 6.09. The firm's fifty day moving average is $16.47. ReposiTrak has a twelve month low of $13.86 and a twelve month high of $25.01.

ReposiTrak (NYSE:TRAK - Get Free Report) last released its quarterly earnings results on Monday, September 29th. The company reported $0.09 EPS for the quarter. The company had revenue of $5.76 million for the quarter. ReposiTrak had a return on equity of 14.25% and a net margin of 30.55%.

Insiders Place Their Bets

In other ReposiTrak news, CEO Randall K. Fields sold 7,500 shares of the firm's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $16.06, for a total value of $120,450.00. Following the completion of the transaction, the chief executive officer directly owned 87,000 shares in the company, valued at $1,397,220. This trade represents a 7.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 88,500 shares of company stock valued at $1,484,914 in the last ninety days. 44.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Ashford Capital Management Inc. grew its stake in ReposiTrak by 93.7% in the second quarter. Ashford Capital Management Inc. now owns 792,154 shares of the company's stock valued at $15,566,000 after purchasing an additional 383,283 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of ReposiTrak by 397.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company's stock worth $71,000 after acquiring an additional 2,892 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of ReposiTrak by 63.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company's stock worth $32,000 after acquiring an additional 634 shares during the period. Jane Street Group LLC bought a new position in shares of ReposiTrak during the 2nd quarter worth approximately $802,000. Finally, Coldstream Capital Management Inc. boosted its stake in shares of ReposiTrak by 47,619.0% during the 2nd quarter. Coldstream Capital Management Inc. now owns 20,042 shares of the company's stock worth $394,000 after acquiring an additional 20,000 shares during the period. 27.35% of the stock is currently owned by institutional investors.

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.

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