1 insider bought €203k of shares over the last 90 days, the latest by JCP Investment Management, LLC, filed 01 Oct 2026.
Every trade that managers of Track Group, Inc. disclose to SEC (Form 4) is tracked on this page. The company sits in the Business Services sector. In the past year (21 October 2025 to 21 October 2026), 14 filings came from 11 insiders.
Only purchases show up on the open market, 1 purchase in all worth €203k, filed by 1 insider. Unlike grants, an open-market purchase is paid for by the insider, at the market price. At €203k, the purchase published on 1 October 2026 by JCP Investment Management, LLC is the largest of the period (1.2% of market cap). On the buying side, the filings list 1 major shareholder among the declarants.
Across the 5,812 companies tracked on its exchange, the median is 19 filings; at 14 filings, this issuer sits below that mark. Looking back to 2021, when coverage begins, insiders filed 3 purchases and no sales. For the fiscal year to 30 September 2025, the annual 10-K puts revenue at 35.2 m USD and net income at -1.9 m USD.
The clock since the last published purchase (1 October 2026) now reads 20 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 3 days. The legal deadline for a Form 4 is two business days after the transaction.
For comparison within the same sector, see the insider buying recorded at Coursera, Inc. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended September 2025 · cache
22 of 22 declarations
Track Group, Inc. (TRCK) is a U.S.-based specialty services company focused on electronic monitoring and location-tracking solutions for the criminal justice and public safety markets. For francophone investors, the company sits at the intersection of connected hardware, monitoring services, and data analytics, with a business model built around recurring leasing and service relationships rather than one-off equipment sales. Track Group was originally incorporated in 1995 as a Utah corporation and became a Delaware corporation in 2016. Its principal place of business is in Naperville, Illinois, United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1045942/000143774925038377/trkg20250930_10k.htm?utm_source=openai))
Track Group’s core business is the leasing and operation of patented tracking and monitoring solutions for federal, state, and local law-enforcement agencies in the U.S. and abroad. The company’s platform combines GPS tracking devices, complementary mobile applications, 24/7/365 professional monitoring services, case management, and proprietary data analytics. Management describes the business as a platform-as-a-service model, which is important because it implies a mix of hardware deployment, software, and service revenue. The company also states that it is expanding its hardware-agnostic analytics platform and software applications to support offender management workflows. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1045942/000143774925038377/trkg20250930_10k.htm?utm_source=openai))
From a competitive standpoint, Track Group is a niche provider rather than a broad diversified security company. Its market position is driven by specialization: integrated end-to-end monitoring, long-term relationships with corrections and rehabilitation agencies, and a focus on reliable intervention technologies. That specialization can be a barrier to entry because customers typically value field performance, compliance, and operational continuity more than pure price. The company’s messaging consistently emphasizes “trusted” monitoring solutions, global monitoring capability, and a portfolio of integrated solutions, suggesting a strategy centered on mission-critical public-safety infrastructure. ([trackgrp.com](https://trackgrp.com/company-information/?utm_source=openai))
Geographically, Track Group remains primarily U.S.-anchored, but it has maintained an international footprint through subsidiaries and historical operations outside the United States. The 2025 Form 10-K notes subsidiaries in Puerto Rico, Florida, Colorado, Canada, and Israel, and also references activity related to a recently sold Chilean subsidiary. That matters for investors because it shows the company is not purely domestic, but the strategic center of gravity appears to be shifting toward core U.S. operations and higher-quality recurring monitoring revenue. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1045942/000143774925038377/trkg20250930_10k.htm?utm_source=openai))
Recent developments point to improving momentum. In fiscal 2025, Track Group reported revenue of $35.2 million and said the year benefited from investment in core products, the monitoring center, and its cloud platform. In Q1 fiscal 2026, revenue grew about 5.2% year over year and operating income improved materially, while Q2 fiscal 2026 showed further gains, including roughly 7% revenue growth and about 9% gross profit growth. In April 2026, the company announced a private placement of approximately $10.3 million in gross proceeds, which indicates both financing activity and continued capital-market engagement. Overall, TRCK remains a small-cap, execution-sensitive name whose fundamentals are tied to contract wins, product reliability, and the pace of profitability improvement. ([trackgrp.com](https://trackgrp.com/wp-content/uploads/2026/01/December-19-2025-8-K-Filed.pdf?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Sep 2025 | 35.2 m USD | -1.9 m USD | -0.16 USD | 10-K |
| Sep 2024 | 36.9 m USD | -3.1 m USD | -0.26 USD | 10-K |
| Sep 2023 | 34.5 m USD | -3.4 m USD | -0.30 USD | 10-K |
| Sep 2022 | 37.0 m USD | -7.4 m USD | 0.64 USD | 10-K |
| Sep 2021 | 39.7 m USD | 3.4 m USD | 0.29 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.