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Randall K. Fields, the Chief Executive Officer of ReposiTrak, Inc. (NASDAQ:TRAK), recently sold shares of the company’s common stock amounting to a total of $159,360. The transactions took place over two days, with the first sale occurring on February 18 and the second on February 19. The sale comes as ReposiTrak shows strong market performance, with the stock delivering a 59.79% return over the past year. According to InvestingPro analysis, the company currently appears overvalued relative to its Fair Value.
On February 18, Fields sold 3,000 shares at a weighted average price of $21.5816 per share. The following day, he sold an additional 4,500 shares at a weighted average price of $21.0258. These sales were executed as part of a pre-established Rule 10b5-1 trading plan, which Fields set up to fulfill certain charitable commitments through the RK Fields Charitable 2022, LLC. The company maintains strong fundamentals with an impressive 83.31% gross profit margin and healthy liquidity, as evidenced by a current ratio of 5.18.
Following these transactions, Fields still holds a significant amount of ReposiTrak stock, with 297,000 shares remaining under the management of RK Fields Charitable 2022, LLC. Additionally, Fields has various holdings through entities such as Riverview Financial Corp and Fields Management, Inc., as well as shares held by his spouse.
ReposiTrak, Inc., headquartered in Murray, Utah, specializes in computer processing and data preparation services.
In other recent news, Repositrak Inc. reported its Q2 FY2025 earnings, which did not meet analysts’ forecasts. The company recorded an earnings per share (EPS) of $0.08, slightly below the expected $0.09, and revenue of $5.5 million, which fell short of the projected $5.83 million. Despite the earnings miss, Repositrak demonstrated a 7% year-over-year revenue increase and a 14% increase in EPS. The company continues to focus on automation and innovation, anticipating double-digit revenue growth in the upcoming quarters. Repositrak’s management highlighted the company’s strategic initiatives and its strong position in the traceability market, driven by regulatory mandates. The company has also been active in capital allocation, redeeming preferred shares, buying back common shares, and increasing dividends, all while maintaining a cash balance of $28 million. Repositrak’s efforts in automation and onboarding processes are expected to support future growth, as the company remains committed to enhancing customer success and satisfaction.
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