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ReposiTrak

TRAK on NYSE. Market value $147m.

Watch this stockFree. We tell you when something changes.

Should I look at this?

Worth a closer look

Why it could be worth it

What to watch out for

Nothing stood out in the numbers we check.

Read what could go wrong

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
5.9%fair

For every $100 of what the whole company costs, it produced $5.93 of spare cash last year. A savings account pays about $4.

Price to profit
18.9×full

You pay 18.9 years of operating profit for the business. The average large US company costs around 18.

Return on capital
n/a

The filings do not give us enough to work this out.

Quality score: 81 of 100. Price score: 80 of 100. Our list needs 70 on quality and 60 on price.

Five years of cash, in billions

0.0
0.0
0.0
0.0
0.0
20172018201920202021
Revenue
$19m$22m$21m$20m$21m
Operating margin
20.6%16.0%18.8%7.4%13.8%
Debt to equity
n/an/an/an/an/a
Shares outstanding
0.02bn0.02bn0.02bn0.02bn0.02bn

Health checks

  • Free cash flow positive5 of 5 years
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)4 of 9
  • Profit backed by cash (accruals)Yes
  • DebtUnknown
  • Revenue growth, five yearsSlow, 2.6% a year
  • Buying back its own sharesRoughly flat

Dates

Next results (estimated)
n/a
Last annual report (10-K)
28 September 2026
Next quarterly (estimated, 10-Q)
13 August 2026

Who owns it

None of the long-term investors we follow own it. 116 funds in all.

Jun '25
Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

No one has reported a stake above 5% since December 2024.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 2 sold $3m, $1m of it under preset trading plans.

  • FIELDS RANDALL K
    CHIEF EXECUTIVE OFFICER, Director
    Sold
    under a preset trading plan
    Date
    23 March 2026
    Shares
    7,500
    Price
    $8.06
    Value
    $60,450
  • FIELDS RANDALL K
    CHIEF EXECUTIVE OFFICER, Director
    Sold
    under a preset trading plan
    Date
    17 March 2026
    Shares
    1,428
    Price
    $8.05
    Value
    $11,495
  • FIELDS RANDALL K
    CHIEF EXECUTIVE OFFICER, Director
    Sold
    under a preset trading plan
    Date
    16 March 2026
    Shares
    6,072
    Price
    $8.05
    Value
    $48,880
  • FIELDS RANDALL K
    CHIEF EXECUTIVE OFFICER, Director
    Sold
    under a preset trading plan
    Date
    12 March 2026
    Shares
    4,000
    Price
    $8.06
    Value
    $32,240
  • FIELDS RANDALL K
    CHIEF EXECUTIVE OFFICER, Director
    Sold
    under a preset trading plan
    Date
    9 March 2026
    Shares
    3,500
    Price
    $8.56
    Value
    $29,960
  • FIELDS RANDALL K
    CHIEF EXECUTIVE OFFICER, Director
    Sold
    under a preset trading plan
    Date
    4 March 2026
    Shares
    2,500
    Price
    $8.62
    Value
    $21,550
  • FIELDS RANDALL K
    CHIEF EXECUTIVE OFFICER, Director
    Sold
    under a preset trading plan
    Date
    3 March 2026
    Shares
    2,500
    Price
    $8.55
    Value
    $21,375
  • FIELDS RANDALL K
    CHIEF EXECUTIVE OFFICER, Director
    Sold
    under a preset trading plan
    Date
    2 March 2026
    Shares
    2,500
    Price
    $8.75
    Value
    $21,875
  • FIELDS RANDALL K
    CHIEF EXECUTIVE OFFICER, Director
    Sold
    under a preset trading plan
    Date
    25 February 2026
    Shares
    5,300
    Price
    $8.34
    Value
    $44,202
  • FIELDS RANDALL K
    CHIEF EXECUTIVE OFFICER, Director
    Sold
    under a preset trading plan
    Date
    24 February 2026
    Shares
    2,200
    Price
    $8.50
    Value
    $18,700

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

None of the warning signs we check for were found.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 28 Sep 2026, plus 1 later 8-K.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

Cheap for a reason is the question the numbers cannot answer.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.