REX American Resources (NYSE:REX) Insider Stuart Rose Sells 69,335 Shares

REX American Resources Corporation (NYSE:REX) insider Stuart Rose sold 69,335 shares of REX American Resources stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $43.77, for a total value of $3,034,792.95. Following the completion of the sale, the insider owned 588,280 shares of the company’s stock, valued at approximately $25,749,015.60. The trade was a 10.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

REX American Resources Stock Performance

REX American Resources stock opened at $43.83 on Friday. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 15.62 and a beta of 0.61. REX American Resources Corporation has a 52-week low of $23.82 and a 52-week high of $53.36. The stock’s 50 day moving average price is $46.54 and its two-hundred day moving average price is $39.67.

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

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. lifted its stake in shares of 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 buying an additional 704 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in shares of REX American Resources by 133.4% in the 4th quarter. Hantz Financial Services Inc. now owns 901 shares of the energy company’s stock worth $29,000 after acquiring an additional 515 shares during the last quarter. Simplex Trading LLC acquired a new stake in shares of REX American Resources in the 4th quarter worth about $35,000. Parallel Advisors LLC lifted its position in 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 acquiring an additional 564 shares in the last quarter. Finally, Ameritas Investment Partners Inc. lifted its position in 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 acquiring an additional 921 shares in the last quarter. Institutional investors and hedge funds own 88.12% of the company’s stock.

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.