REX American Resources Co. (NYSE:REX - Get Free Report) insider Stuart A. Rose sold 100,000 shares of REX American Resources stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $59.42, for a total value of $5,942,000.00. Following the completion of the sale, the insider now directly owns 1,512,305 shares of the company's stock, valued at $89,861,163.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
REX American Resources Trading Down 2.7 %
REX American Resources stock opened at $58.00 on Friday. The firm has a market capitalization of $1.02 billion, a P/E ratio of 16.71 and a beta of 1.07. REX American Resources Co. has a twelve month low of $27.47 and a twelve month high of $60.78. The stock's fifty day simple moving average is $45.24 and its 200-day simple moving average is $42.49.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on the company. Truist Financial restated a "buy" rating and set a $58.00 target price on shares of REX American Resources in a report on Monday. StockNews.com raised shares of REX American Resources from a "hold" rating to a "buy" rating in a research note on Thursday, March 7th.
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Institutional Trading of REX American Resources
Hedge funds have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC increased its holdings in shares of REX American Resources by 185.9% in 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 last quarter. AJOVista LLC acquired a new stake in REX American Resources during the fourth quarter worth approximately $29,000. Allspring Global Investments Holdings LLC raised its holdings in REX American Resources by 84.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 893 shares of the energy company's stock worth $36,000 after purchasing an additional 409 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of REX American Resources during the 3rd quarter worth approximately $40,000. Finally, Captrust Financial Advisors boosted its holdings in shares of REX American Resources by 40.5% in the 1st quarter. Captrust Financial Advisors now owns 503 shares of the energy company's stock valued at $50,000 after buying an additional 145 shares in the last quarter. Institutional investors and hedge funds own 88.12% of the company's stock.
About REX American Resources
(
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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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