Ingalls & Snyder LLC Buys 2,554 Shares of ReposiTrak Inc. $TRAK

Ingalls & Snyder LLC raised its stake in ReposiTrak Inc. (NYSE:TRAK) by 1.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 198,714 shares of the company’s stock after purchasing an additional 2,554 shares during the quarter. Ingalls & Snyder LLC’s holdings in ReposiTrak were worth $3,905,000 at the end of the most recent reporting period.

Separately, R Squared Ltd bought a new stake in shares of ReposiTrak during the 2nd quarter worth $235,000. Hedge funds and other institutional investors own 27.35% of the company’s stock.

ReposiTrak Trading Up 1.1%

TRAK opened at $15.69 on Friday. ReposiTrak Inc. has a 12 month low of $13.86 and a 12 month high of $25.01. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.09 and a current ratio of 6.09. The business has a 50-day moving average of $16.06. The stock has a market capitalization of $286.81 million, a P/E ratio of 44.83 and a beta of 0.44.

ReposiTrak (NYSE:TRAK) last announced its quarterly earnings results on Monday, September 29th. The company reported $0.09 EPS for the quarter. The business 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%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TRAK. Wall Street Zen cut ReposiTrak from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of ReposiTrak in a research report on Friday. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Insider Buying and Selling

In other ReposiTrak news, CEO Randall K. Fields sold 7,500 shares of the firm’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $15.47, for a total value of $116,025.00. Following the sale, the chief executive officer owned 35,000 shares of the company’s stock, valued at $541,450. This trade represents a 17.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have sold 87,500 shares of company stock worth $1,412,625. Corporate insiders own 41.00% 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.