Stuart Rose Sells 766 Shares of REX
Stuart Rose, Executive Chairman, sold 766 shares of REX, valued at $33,811.24.
Key Points
- Stuart Rose, Executive Chairman of REX, sold 766 shares on June 11, 2026, for approximately $33,811.24.
- REX's stock trades near $43.94 with recent institutional adjustments by major funds like BlackRock and Vanguard.
- Analysts from Truist Securities maintain a 'buy' rating with a target price of $50, reflecting positive sentiment.
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Stuart Rose, the Executive Chairman of REX, sold 766 shares of the company on June 11, 2026. The shares were sold at an average price of $44.14, totaling approximately $33,811.24. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at REX American Resources Corporation
Stuart Rose has been actively selling shares recently, with transactions on June 10 and June 8 where he sold 1,129 and 13,584 shares respectively, at prices of $44.52 and $45.23. Additionally, Douglas Bruggeman, CFO, and VP-Finance, sold shares on June 2, totaling 5,086 shares at $48.73.
Other Institutional Activity in REX
Several major institutional investors have adjusted their positions in REX. 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 decreased its position by 68,153 shares, now holding 1,896,068 shares worth about $86.4 million. Renaissance Technologies LLC trimmed its stake by 72,036 shares, ending with 1,523,594 shares valued at $69.4 million. In contrast, State Street Corp increased its holdings by 109,786 shares to 1,453,113 shares, valued at $66.2 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both initiated positions with 1,253,946 and 1,224,315 shares, respectively.
Analysts Set New Price Targets
On March 27, 2025, Truist Securities reiterated its 'buy' rating on REX with a price target of $50. This reflects continued confidence in the company's prospects. The consensus among analysts is positive, with a maintained 'buy' recommendation and a mean target price of $50.
About REX
REX is a company involved in the energy sector, focusing on the production and sale of ethanol and other renewable fuels. Headquartered in the United States, REX operates several production facilities and is engaged in the distribution of its products across various markets. The company is known for its commitment to sustainable energy solutions.
Bottom Line
Stuart Rose's recent sale of REX shares is part of a broader pattern of insider transactions, which investors often watch to gauge insider sentiment. Institutional investors have made notable adjustments to their positions, reflecting varied strategies. Analyst ratings remain positive, with several firms maintaining a 'buy' rating, suggesting optimism about REX's future performance.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.