REX American Resources Corp. (NYSE:REX) CFO Douglas Bruggeman sold 1,500 shares of the company’s stock in a transaction dated Thursday, October 6th. The stock was sold at an average price of $86.89, for a total transaction of $130,335.00. Following the completion of the sale, the chief financial officer now owns 33,151 shares in the company, valued at approximately $2,880,490.39. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Douglas Bruggeman also recently made the following trade(s):

  • On Thursday, September 8th, Douglas Bruggeman sold 1,500 shares of REX American Resources Corp. stock. The stock was sold at an average price of $85.00, for a total transaction of $127,500.00.
  • On Monday, August 29th, Douglas Bruggeman sold 2,000 shares of REX American Resources Corp. stock. The stock was sold at an average price of $81.40, for a total transaction of $162,800.00.

Shares of REX American Resources Corp. (NYSE:REX) opened at 84.73 on Friday. The firm has a 50-day moving average of $82.55 and a 200-day moving average of $64.64. REX American Resources Corp. has a 12 month low of $44.48 and a 12 month high of $87.19. The company has a market capitalization of $557.69 million, a P/E ratio of 25.77 and a beta of 1.79.

REX American Resources Corp. (NYSE:REX) last announced its quarterly earnings results on Thursday, August 25th. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.13. The business had revenue of $115.70 million for the quarter, compared to analyst estimates of $109.09 million. REX American Resources Corp. had a net margin of 5.11% and a return on equity of 6.16%. On average, equities analysts predict that REX American Resources Corp. will post $3.81 earnings per share for the current year.

Insider Buying and Selling by Quarter for REX American Resources Corp. (NYSE:REX)

Separately, Feltl & Co. began coverage on shares of REX American Resources Corp. in a report on Thursday, September 15th. They issued a “buy” rating and a $94.50 target price on the stock.

A number of large investors have recently made changes to their positions in the company. DNB Asset Management AS purchased a new stake in shares of REX American Resources Corp. during the second quarter worth about $16,888,000. GMT Capital Corp bought a new stake in shares of REX American Resources Corp. during the second quarter worth $7,407,000. Renaissance Technologies LLC raised its stake in shares of REX American Resources Corp. by 21.2% in the first quarter. Renaissance Technologies LLC now owns 449,600 shares of the company’s stock worth $24,939,000 after buying an additional 78,700 shares during the last quarter. Emerald Acquisition Ltd. bought a new stake in shares of REX American Resources Corp. during the second quarter worth $4,499,000. Finally, AJO LP raised its stake in shares of REX American Resources Corp. by 111.5% in the second quarter. AJO LP now owns 70,089 shares of the company’s stock worth $4,193,000 after buying an additional 36,951 shares during the last quarter. 95.28% of the stock is currently owned by institutional investors and hedge funds.

About REX American Resources Corp.

Rex American Resources Corporation is a holding company. The Company has invested in approximately three ethanol production entities, two of which the Company has a majority ownership interest in. The Company operates through alternative energy segment. The Company’s ethanol investments include One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen) and Big River Resources, LLC (Big River).

5 Day Chart for NYSE:REX

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