REX American Resources CEO Sells Shares

Zafar Rizvi, the CEO and President of REX American Resources Corporation, sold 13,838 shares of the company on June 15, 2026. The shares were sold at an average price of $42.97, amounting to a total transaction value of $594,618. This sale was not part of a pre-arranged trading plan.

Insider Buying and Selling at REX American Resources Corporation

In addition to Rizvi's transaction, other insiders at REX American Resources were active on the same day. Douglas Bruggeman, the CFO, Vice President of Finance, and Treasurer, acquired 49,266 shares. Executive Chairman of the Board Stuart Rose sold 19,211 shares at the same average price of $42.97. Other insiders, including Anne Macmillan, Cheryl Lea Bustos, and David Harris, also made purchases, each acquiring 4,423 shares.

Other Institutional Activity in REX American Resources

Several institutional investors have adjusted their positions in REX American Resources. BlackRock, Inc. reduced its holdings by 4,657 shares, bringing its total to 5,493,426 shares valued at approximately $250.3 million. Dimensional Fund Advisors LP also trimmed its position by 68,153 shares, now holding 1,896,068 shares worth about $86.4 million. Renaissance Technologies LLC decreased its stake by 72,036 shares, ending with 1,523,594 shares valued at $69.4 million. Conversely, State Street Corp increased its holdings by 109,786 shares, reaching a total of 1,453,113 shares valued at $66.2 million.

REX American Resources Corporation Stock Up 5.6%

Shares of REX American Resources Corporation (NYSE:REX) recently traded at $43.68. The company has a market capitalization of approximately $1.44 billion and a price-to-earnings ratio of 15.6. The stock has seen a 52-week low of $23.82 and a high of $53.36. Its 50-day moving average is $46.77, while the 200-day moving average is $37.22. REX American Resources maintains a strong current ratio of 6.76 and a quick ratio of 6.07, with a debt-to-equity ratio of 2.7.

Analysts Set New Price Targets

Truist Securities has consistently maintained a 'buy' rating on REX American Resources, with the most recent price target set at $50 on March 27, 2025. The consensus among analysts is also positive, with a mean target price of $50, supported by multiple analyst opinions.

About REX American Resources

REX American Resources Corporation, headquartered in Dayton, Ohio, produces and sells ethanol and related products in the United States. The company, led by CEO Zafar Rizvi, operates in the chemicals sector, specifically focusing on ethanol production. It also deals in corn, distillers grains, and corn oil, catering to the animal feed industry with its dry distillers grains. Founded in 1980, REX American Resources employs about 132 people.

Bottom Line

Zafar Rizvi's recent share sale at REX American Resources highlights ongoing insider activity. Investors often watch such transactions for potential insights, though the implications can vary. It's important to remember that 13F filings and insider trades reflect past actions and may not represent current positions or future intentions.