REX American Resources (NYSE:REX) Insider Stuart Rose Sells 766 Shares

REX American Resources Corporation (NYSE:REX) insider Stuart Rose sold 766 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $44.14, for a total value of $33,811.24. Following the transaction, the insider directly owned 625,254 shares in the company, valued at approximately $27,598,711.56. This trade represents a 0.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

REX American Resources Price Performance

NYSE REX traded down $1.37 during trading on Monday, reaching $42.57. 22,183 shares of the company’s stock were exchanged, compared to its average volume of 191,125. The business has a 50 day moving average price of $46.69 and a 200-day moving average price of $39.38. The stock has a market capitalization of $1.40 billion, a P/E ratio of 15.19 and a beta of 0.61. REX American Resources Corporation has a fifty-two week low of $23.39 and a fifty-two week high of $53.36.

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

Institutional Investors Weigh In On REX American Resources

Large investors have recently modified their holdings of the business. Principal Financial Group Inc. lifted its stake in shares of REX American Resources by 112.9% in the 3rd quarter. Principal Financial Group Inc. now owns 154,397 shares of the energy company’s stock valued at $4,728,000 after acquiring an additional 81,869 shares during the last quarter. Tudor Investment Corp ET AL bought a new position in shares of REX American Resources in the 3rd quarter valued at $2,341,000. JPMorgan Chase & Co. lifted its stake in shares of REX American Resources by 80.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 172,612 shares of the energy company’s stock valued at $5,285,000 after acquiring an additional 77,004 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of REX American Resources by 93.8% in the 3rd quarter. Rhumbline Advisers now owns 93,306 shares of the energy company’s stock valued at $2,857,000 after acquiring an additional 45,158 shares during the last quarter. Finally, South Dakota Investment Council lifted its stake in shares of REX American Resources by 36.4% in the 3rd quarter. South Dakota Investment Council now owns 151,205 shares of the energy company’s stock valued at $4,630,000 after acquiring an additional 40,351 shares during the last quarter. Institutional investors and hedge funds own 88.12% of the company’s stock.

Analyst Upgrades and Downgrades

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

About REX American Resources

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.