Stuart Rose Sells 15,186 Shares of REX American Resources (NYSE:REX) Stock

REX American Resources Corporation (NYSE:REX) insider Stuart Rose sold 15,186 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $43.64, for a total transaction of $662,717.04. Following the transaction, the insider owned 573,094 shares of the company’s stock, valued at $25,009,822.16. This trade represents a 2.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

REX American Resources Price Performance

Shares of REX traded down $0.03 during midday trading on Monday, reaching $43.81. The stock had a trading volume of 76,836 shares, compared to its average volume of 195,118. REX American Resources Corporation has a 1-year low of $23.82 and a 1-year high of $53.36. The company’s fifty day simple moving average is $46.53 and its two-hundred day simple moving average is $39.75. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 15.62 and a beta of 0.61.

REX American Resources (NYSE:REX) last issued its earnings results on Thursday, May 28th. The energy company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.42. The firm had revenue of $156.50 million during the quarter, compared to the consensus estimate of $167.23 million. REX American Resources had a net margin of 14.30% and a return on equity of 13.67%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded REX American Resources from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

Institutional Investors Weigh In On REX American Resources

A number of institutional investors and hedge funds have recently bought and sold shares of REX. Rockefeller Capital Management L.P. boosted its stake in REX American Resources by 359.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 900 shares of the energy company’s stock valued at $29,000 after acquiring an additional 704 shares in the last quarter. Hantz Financial Services Inc. increased its position in shares of REX American Resources by 133.4% during the fourth quarter. Hantz Financial Services Inc. now owns 901 shares of the energy company’s stock worth $29,000 after purchasing an additional 515 shares in the last quarter. Simplex Trading LLC purchased a new stake in shares of REX American Resources in the 4th quarter valued at about $35,000. Parallel Advisors LLC lifted its holdings in shares of REX American Resources by 97.6% in the 3rd quarter. Parallel Advisors LLC now owns 1,142 shares of the energy company’s stock valued at $35,000 after purchasing an additional 564 shares during the last quarter. Finally, Ameritas Investment Partners Inc. boosted its position in shares of REX American Resources by 59.2% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 2,476 shares of the energy company’s stock valued at $76,000 after purchasing an additional 921 shares during the period. 88.12% of the stock is owned by hedge funds and other institutional investors.

REX American Resources Company Profile

REX American Resources Corp. is a diversified agribusiness and renewable energy company headquartered in Kansas City, Missouri. Founded in 2005 through a reorganization of existing agricultural interests, the company focuses on two primary business segments: fuel ethanol production and specialty ingredient solutions. REX American Resources leverages its integrated operations to supply clean-burning fuel, animal feed co-products and sweetener ingredients to a broad customer base in North America and beyond.

In its alcohol fuels segment, the company operates an anhydrous ethanol production facility in Colwich, Kansas.