Randall K. Fields Sells 3,500 Shares of Repositrak, Inc. (NYSE:TRAK) Stock

Repositrak, Inc. (NYSE:TRAK) CEO Randall K. Fields sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $21.52, for a total transaction of $75,320.00. Following the transaction, the chief executive officer now directly owns 179,500 shares of the company’s stock, valued at $3,862,840. The trade was a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Repositrak Stock Performance

TRAK stock opened at $20.60 on Thursday. Repositrak, Inc. has a 1-year low of $14.23 and a 1-year high of $25.01. The company has a market capitalization of $376.49 million, a PE ratio of 60.59 and a beta of 0.54.

Repositrak Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Tuesday, September 30th will be issued a $0.02 dividend. This is a positive change from Repositrak’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $0.08 annualized dividend and a dividend yield of 0.39%. Repositrak’s dividend payout ratio is presently 23.53%.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On Repositrak

A hedge fund recently raised its stake in Repositrak stock. Ellsworth Advisors LLC grew its position in shares of Repositrak, Inc. (NYSE:TRAK) by 10.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,289 shares of the company’s stock after buying an additional 2,997 shares during the quarter. Ellsworth Advisors LLC owned approximately 0.17% of Repositrak worth $634,000 as of its most recent filing with the Securities and Exchange Commission. 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.