Insider Selling: ReposiTrak Inc. (NYSE:TRAK) CEO Sells $63,945.00 in Stock

ReposiTrak Inc. (NYSE:TRAK) CEO Randall K. Fields sold 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $18.27, for a total transaction of $63,945.00. Following the completion of the sale, the chief executive officer owned 132,000 shares in the company, valued at $2,411,640. The trade was a 2.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

ReposiTrak Price Performance

ReposiTrak stock opened at $18.39 on Friday. The company has a 50 day moving average of $20.21. The company has a quick ratio of 6.03, a current ratio of 6.03 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $336.17 million, a PE ratio of 54.09 and a beta of 0.51. ReposiTrak Inc. has a 12-month low of $15.72 and a 12-month high of $25.01.

ReposiTrak Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 14th. Stockholders of record on Monday, June 30th will be issued a $0.0182 dividend. This represents a $0.07 annualized dividend and a dividend yield of 0.39%. The ex-dividend date is Monday, June 30th. ReposiTrak’s dividend payout ratio (DPR) is presently 20.59%.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of ReposiTrak from a “hold” rating to a “buy” rating in a research note on Thursday, May 22nd.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ReposiTrak stock. Ellsworth Advisors LLC increased its stake in ReposiTrak Inc. (NYSE:TRAK) by 10.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,289 shares of the company’s stock after acquiring an additional 2,997 shares during the period. Ellsworth Advisors LLC owned approximately 0.17% of ReposiTrak worth $634,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 27.35% of the company’s stock.

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.