Today, REX American Resources Corp. (REX) Director Lawrence Tomchin Sold 2,000 Shares

Today, REX American Resources Corp. (REX) Director Lawrence Tomchin Sold 2,000 Shares

REX American Resources Corp. (NYSE:REX) Director Lawrence Tomchin sold 2,000 shares of the company’s stock in a transaction on Wednesday, October 5th. The stock was sold at an average price of $86.00, for a total value of $172,000.00. Following the sale, the director now owns 134,380 shares of the company’s stock, valued at $11,556,680. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Lawrence Tomchin also recently made the following trade(s): On Monday, October 3rd, Lawrence Tomchin sold 1,000 shares of REX American Resources Corp. stock. The stock was sold at an average price of $85.00, for a total value of $85,000.00. On Friday, September 30th, Lawrence Tomchin sold 1,000 shares of REX American Resources Corp. stock. The stock was sold at an average price of $85.00, for a total value of $85,000.00. On Wednesday, September 28th, Lawrence Tomchin sold 4,000 shares of REX American Resources Corp. stock. The stock was sold at an average price of $84.00, for a total value of $336,000.00. On Monday, September 26th, Lawrence Tomchin sold 4,000 shares of REX American Resources Corp. stock. The shares were sold at an average price of $84.77, for a total value of $339,080.00.

REX American Resources Corp. (NYSE:REX) opened at 86.02 on Friday. The firm has a 50-day moving average price of $82.20 and a 200 day moving average price of $64.45. REX American Resources Corp. has a 52-week low of $44.48 and a 52-week high of $87.19. The company has a market capitalization of $566.18 million, a P/E ratio of 26.16 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 for the quarter, beating the Thomson Reuters’ consensus estimate of $1.11 by $0.13. The company earned $115.70 million during the quarter, compared to analysts’ expectations of $109.09 million. REX American Resources Corp. had a return on equity of 6.16% and a net margin of 5.11%. On average, analysts predict that REX American Resources Corp. will post $3.81 earnings per share for the current fiscal year.

Separately, Feltl & Co. assumed coverage on REX American Resources Corp. in a research report on Thursday, September 15th. They issued a “buy” rating and a $94.50 target price for the company.

Several institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC boosted its position 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 valued at $24,939,000 after buying an additional 78,700 shares during the period. BlackRock Fund Advisors boosted its position in shares of REX American Resources Corp. by 0.5% in the second quarter. BlackRock Fund Advisors now owns 376,533 shares of the company’s stock valued at $22,528,000 after buying an additional 1,990 shares during the period. Vanguard Group Inc. boosted its position in shares of REX American Resources Corp. by 1.4% in the second quarter. Vanguard Group Inc. now owns 340,842 shares of the company’s stock valued at $20,392,000 after buying an additional 4,660 shares during the period. DNB Asset Management AS bought a new position in shares of REX American Resources Corp. during the second quarter valued at $16,888,000. Finally, LSV Asset Management boosted its position in shares of REX American Resources Corp. by 15.9% in the second quarter. LSV Asset Management now owns 194,163 shares of the company’s stock valued at $11,616,000 after buying an additional 26,601 shares during the period. Institutional investors own 95.28% of the company’s stock.

About REX American Resources Corp.

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