Rice Hall James & Associates LLC Has $11.06 Million Position in ReposiTrak Inc. $TRAK

Rice Hall James & Associates LLC cut its stake in shares of ReposiTrak Inc. (NYSE:TRAK) by 9.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 745,944 shares of the company’s stock after selling 80,855 shares during the quarter. Rice Hall James & Associates LLC owned 4.08% of ReposiTrak worth $11,055,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Handelsbanken Fonder AB grew its stake in shares of ReposiTrak by 7.1% during the second quarter. Handelsbanken Fonder AB now owns 1,654,348 shares of the company’s stock worth $32,508,000 after buying an additional 110,000 shares during the last quarter. Ashford Capital Management Inc. boosted its holdings in shares of ReposiTrak by 93.7% during the 2nd quarter. Ashford Capital Management Inc. now owns 792,154 shares of the company’s stock valued at $15,566,000 after acquiring an additional 383,283 shares in the last quarter. Ingalls & Snyder LLC grew its position in ReposiTrak by 1.3% during the 2nd quarter. Ingalls & Snyder LLC now owns 198,714 shares of the company’s stock worth $3,905,000 after acquiring an additional 2,554 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in ReposiTrak in the 2nd quarter worth about $818,000. Finally, Jane Street Group LLC bought a new position in ReposiTrak in the second quarter valued at about $802,000. Institutional investors own 27.35% of the company’s stock.

Insiders Place Their Bets

In other ReposiTrak news, CEO Randall K. Fields sold 4,500 shares of the stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $13.26, for a total transaction of $59,670.00. Following the transaction, the chief executive officer directly owned 167,500 shares in the company, valued at approximately $2,221,050. This represents a 2.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 90,000 shares of company stock valued at $1,289,317 in the last ninety days. Insiders own 41.00% of the company’s stock.

ReposiTrak Stock Down 1.9%

TRAK opened at $13.14 on Friday. ReposiTrak Inc. has a twelve month low of $12.16 and a twelve month high of $23.72. The company has a fifty day moving average of $14.11 and a 200-day moving average of $16.30. The stock has a market cap of $240.33 million, a PE ratio of 36.50 and a beta of 0.39.

ReposiTrak (NYSE:TRAK) last issued its quarterly earnings results on Thursday, November 13th. The company reported $0.09 EPS for the quarter. ReposiTrak had a net margin of 30.52% and a return on equity of 14.37%. The business had revenue of $5.97 million for the quarter.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ReposiTrak in a research note on Monday. Wall Street Zen lowered shares of ReposiTrak from a “buy” rating to a “hold” rating in a report on Sunday, December 21st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

ReposiTrak Company Profile

ReposiTrak, trading on the New York Stock Exchange under the symbol TRAK, is a provider of cloud-based supply chain compliance and transparency solutions. The company’s platform enables retailers, suppliers and manufacturers to manage, share and validate product data throughout the supply chain. Through its Software-as-a-Service (SaaS) offering, ReposiTrak helps organizations ensure adherence to regulatory requirements, industry standards and retailer-specific guidelines for food safety, sustainability, labeling and quality assurance.

At the core of ReposiTrak’s offerings is its DataHub, a centralized repository that captures critical information such as product specifications, certifications, catch-weight data, temperature logs and recall notifications.