Randall K. Fields sells $154,185 in ReposiTrak stock

Published 25/03/2025, 21:10
Randall K. Fields sells $154,185 in ReposiTrak stock

Randall K. Fields, the Chief Executive Officer of ReposiTrak, Inc. (NASDAQ:TRAK), executed a sale of 7,500 shares of the company’s common stock. The transaction, which took place on March 24, 2025, was conducted at an average price of $20.5581 per share, amounting to a total value of approximately $154,185. According to InvestingPro data, TRAK shares have delivered a strong 30% return over the past year, though current analysis suggests the stock may be trading above its Fair Value.

The sale was carried out under a pre-established Rule 10b5-1 trading plan, which Fields adopted as part of his role as Trustee of the 2022 RK Fields Charitable Remainder Unitrust. This plan was designed to help Fields meet his charitable obligations. Following this transaction, Fields retains direct ownership of 368,395 shares, while indirect ownership includes shares held by entities such as Riverview Financial Corp. and Fields Management, Inc. InvestingPro analysis reveals the company maintains impressive gross profit margins of 83% and holds more cash than debt on its balance sheet.

ReposiTrak, Inc., headquartered in Murray, Utah, operates in the computer processing and data preparation services industry. The company’s financial health score is rated as "GREAT" by InvestingPro, which offers 10+ additional exclusive insights and a comprehensive Pro Research Report for deeper analysis of TRAK’s performance and prospects.

In other recent news, ReposiTrak, Inc. reported its Q2 FY2025 earnings, revealing a slight miss in both earnings per share (EPS) and revenue compared to analyst forecasts. The company posted an EPS of $0.08, which fell short of the expected $0.09, and reported revenue of $5.5 million, below the forecasted $5.83 million. Despite this, ReposiTrak demonstrated a 7% year-over-year increase in revenue and a 14% rise in EPS. The company continues to focus on automation and innovation, with plans for double-digit revenue growth in the upcoming quarters. Additionally, ReposiTrak announced a quarterly dividend payment of $0.01815 per share, reflecting its commitment to providing value to shareholders. The company remains optimistic about its future prospects, bolstered by strategic initiatives in automation and traceability. Furthermore, ReposiTrak’s financial strategy includes a focus on profitability, aiming for profitability to outpace revenue growth in the near term.

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