ReposiTrak Inc. (NYSE:TRAK – Get Free Report) declared a quarterly dividend on Thursday, June 18th. Investors of record on Tuesday, June 30th will be given a dividend of 0.02 per share on Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Tuesday, June 30th.
ReposiTrak has a dividend payout ratio of 21.6% indicating that its dividend is sufficiently covered by earnings.
ReposiTrak Stock Performance
Shares of TRAK opened at $9.22 on Friday. The company has a market capitalization of $167.53 million, a P/E ratio of 24.92 and a beta of 0.79. ReposiTrak has a one year low of $6.94 and a one year high of $20.77. The stock has a 50-day moving average price of $9.28 and a 200 day moving average price of $10.03.
Insider Activity at ReposiTrak
In related news, CEO Randall K. Fields sold 7,500 shares of ReposiTrak stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $8.06, for a total value of $60,450.00. Following the completion of the transaction, the chief executive officer directly owned 70,000 shares in the company, valued at approximately $564,200. This trade represents a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 41.00% of the company’s stock.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the company. BNP Paribas Financial Markets grew its position in shares of ReposiTrak by 63.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,633 shares of the company’s stock worth $32,000 after acquiring an additional 634 shares in the last quarter. State of Alaska Department of Revenue raised its position in shares of ReposiTrak by 152.6% during the 4th quarter. State of Alaska Department of Revenue now owns 2,127 shares of the company’s stock valued at $25,000 after acquiring an additional 1,285 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of ReposiTrak by 397.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the company’s stock valued at $71,000 after acquiring an additional 2,892 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in ReposiTrak during the fourth quarter worth $53,000. Finally, Walleye Capital LLC bought a new position in ReposiTrak during the fourth quarter worth $130,000. Institutional investors own 27.35% of the company’s stock.
About ReposiTrak
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.
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