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

Ingalls & Snyder LLC increased its stake in ReposiTrak Inc. (NYSE:TRAK) by 1.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 198,714 shares of the company’s stock after purchasing an additional 2,554 shares during the quarter. Ingalls & Snyder LLC owned approximately 1.09% of ReposiTrak worth $3,905,000 at the end of the most recent quarter.

Separately, R Squared Ltd purchased a new stake in ReposiTrak in the second quarter worth $235,000. Institutional investors own 27.35% of the company’s stock.

Wall Street Analysts Forecast Growth

TRAK has been the topic of a number of recent research reports. Wall Street Zen cut ReposiTrak from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of ReposiTrak in a research note on Friday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Insider Buying and Selling

In other news, CEO Randall K. Fields sold 7,500 shares of the business’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $16.06, for a total transaction of $120,450.00. Following the completion of the transaction, the chief executive officer directly owned 79,500 shares in the company, valued at $1,276,770. The trade was a 8.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 87,500 shares of company stock valued at $1,412,625. 41.00% of the stock is owned by company insiders.

ReposiTrak Stock Up 1.1%

TRAK stock opened at $15.69 on Friday. The firm’s 50-day moving average is $16.06. ReposiTrak Inc. has a twelve month low of $13.86 and a twelve month high of $25.01. The stock has a market cap of $286.81 million, a price-to-earnings ratio of 44.83 and a beta of 0.44. The company has a quick ratio of 6.09, a current ratio of 6.09 and a debt-to-equity ratio of 0.01.

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

ReposiTrak 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.