Stuart A. Rose Sells 4,943 Shares of REX American Resources Co. (NYSE:REX) Stock

REX American Resources Co. (NYSE:REX) insider Stuart A. Rose sold 4,943 shares of REX American Resources stock in a transaction on Monday, April 8th. The stock was sold at an average price of $58.57, for a total transaction of $289,511.51. Following the transaction, the insider now directly owns 1,487,362 shares of the company’s stock, valued at approximately $87,114,792.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

REX American Resources Stock Down 0.6 %

Shares of NYSE REX opened at $57.75 on Thursday. REX American Resources Co. has a twelve month low of $27.47 and a twelve month high of $60.78. The firm has a fifty day simple moving average of $46.53 and a 200 day simple moving average of $43.04. The company has a market capitalization of $1.01 billion, a PE ratio of 16.64 and a beta of 1.07.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on REX shares. Truist Financial reissued a “buy” rating and set a $58.00 target price on shares of REX American Resources in a research note on Monday, April 1st. StockNews.com raised shares of REX American Resources from a “hold” rating to a “buy” rating in a research note on Thursday, March 7th.

Institutional Investors Weigh In On REX American Resources

A number of large investors have recently bought and sold shares of REX. BlackRock Inc. grew its holdings in REX American Resources by 194.4% in the third quarter. BlackRock Inc. now owns 2,690,593 shares of the energy company’s stock worth $75,121,000 after purchasing an additional 1,776,751 shares during the period. Vanguard Group Inc. grew its holdings in REX American Resources by 196.5% in the third quarter. Vanguard Group Inc. now owns 1,235,009 shares of the energy company’s stock worth $34,482,000 after purchasing an additional 818,479 shares during the period. State Street Corp grew its holdings in REX American Resources by 180.4% in the third quarter. State Street Corp now owns 854,961 shares of the energy company’s stock worth $23,871,000 after purchasing an additional 550,029 shares during the period. AWH Capital L.P. acquired a new stake in REX American Resources in the first quarter worth $4,875,000. Finally, Brightline Capital Management LLC acquired a new stake in REX American Resources in the fourth quarter worth $7,946,000. 88.12% of the stock is currently owned by institutional investors and hedge funds.

REX American Resources Company Profile

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.