Repositrak CEO Randall Fields sells $144,466 in stock

Published 26/02/2025, 22:34
Repositrak CEO Randall Fields sells $144,466 in stock

Randall K. Fields, CEO of ReposiTrak, Inc. (NASDAQ:TRAK), a $354.62 million market cap company with impressive gross profit margins of 83%, recently sold a portion of his holdings in the company. The stock has experienced an 8.44% decline over the past week. According to a Form 4 filing with the Securities and Exchange Commission, Fields sold a total of 7,500 shares of common stock over two days. The transactions, executed on February 24 and 25, 2025, were part of a pre-established Rule 10b5-1 trading plan. InvestingPro analysis shows the stock currently trades above its Fair Value, with analysts setting a $24 price target.

The shares were sold at prices ranging from $19.094 to $19.5984, resulting in a total transaction value of approximately $144,466. Following these sales, Fields holds 289,500 shares indirectly through RK Fields Charitable 2022, LLC. The sales were conducted to meet charitable commitments, as noted in the filing. For deeper insights into TRAK’s valuation and 13 additional ProTips, visit InvestingPro.

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, falling short of the anticipated $0.09, and revenue of $5.5 million, which did not meet the expected $5.83 million. Despite these misses, Repositrak achieved a 7% year-over-year increase in revenue and a 14% rise in EPS, indicating a positive trend in financial performance. The company continues to focus on automation and innovation, with a strategic emphasis on enhancing profitability through these initiatives. Repositrak anticipates double-digit revenue growth in the upcoming quarters, targeting a full-year growth of 10-20%. Analysts from Maxim Group engaged with the company during an earnings call, discussing various topics including the company’s onboarding automation and cost structure. The company’s ongoing efforts in the traceability market, driven by regulatory mandates, are expected to bolster its competitive position. Repositrak’s management remains optimistic about future growth, citing their strategic initiatives and market dynamics as key factors.

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