REX American Resources Co. (NYSE:REX - Get Free Report) CFO Douglas Bruggeman sold 2,000 shares of the company's stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $59.60, for a total transaction of $119,200.00. Following the completion of the sale, the chief financial officer now owns 88,605 shares in the company, valued at approximately $5,280,858. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
REX American Resources Stock Performance
NYSE:REX opened at $59.61 on Thursday. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 17.18 and a beta of 1.07. REX American Resources Co. has a 52 week low of $27.47 and a 52 week high of $60.78. The firm has a 50-day moving average price of $44.91 and a two-hundred day moving average price of $42.38.
Institutional Investors Weigh In On REX American Resources
Several institutional investors and hedge funds have recently added to or reduced their stakes in REX. Tower Research Capital LLC TRC grew its position in shares of REX American Resources by 185.9% during the 3rd quarter. Tower Research Capital LLC TRC now owns 889 shares of the energy company's stock valued at $25,000 after acquiring an additional 578 shares during the period. AJOVista LLC bought a new position in shares of REX American Resources during the 4th quarter valued at approximately $29,000. Allspring Global Investments Holdings LLC grew its position in shares of REX American Resources by 84.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 893 shares of the energy company's stock valued at $36,000 after acquiring an additional 409 shares during the period. Qube Research & Technologies Ltd bought a new position in shares of REX American Resources during the 3rd quarter valued at approximately $40,000. Finally, Captrust Financial Advisors grew its position in shares of REX American Resources by 40.5% during the 1st quarter. Captrust Financial Advisors now owns 503 shares of the energy company's stock valued at $50,000 after acquiring an additional 145 shares during the period. Hedge funds and other institutional investors own 88.12% of the company's stock.
Analyst Upgrades and Downgrades
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A number of equities research analysts recently weighed in on the stock. Truist Financial restated a "buy" rating and issued a $58.00 target price on shares of REX American Resources in a report on Monday. StockNews.com upgraded shares of REX American Resources from a "hold" rating to a "buy" rating in a research note on Thursday, March 7th.
View Our Latest Report on REX American Resources
About REX American Resources
(
Get Free Report)
REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, non-food grade corn oil, gasoline, and natural gas. In addition, it provides dry distillers grains with solubles, which is used as a protein in animal feed.
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