Douglas Bruggeman Purchases Shares of REX American Resources
Douglas Bruggeman, CFO of REX American Resources, acquired 49,266 shares on June 15, 2026.
Key Points
- Douglas Bruggeman, CFO of REX American Resources, bought 49,266 shares on June 15, 2026.
- REX American Resources, trading at $43.68, has a market cap of $1.44 billion and a P/E ratio of 15.6.
- Analysts at Truist Securities maintain a 'buy' rating with a price target of $50.
Douglas Bruggeman, the Chief Financial Officer of REX American Resources Corporation, recently made a significant move by purchasing 49,266 shares of the company. This transaction took place on June 15, 2026, and highlights Bruggeman's involvement in the company he helps lead.
Insider Buying and Selling at REX American Resources Corporation
On June 15, 2026, several insider transactions occurred at REX American Resources. Douglas Bruggeman, the CFO, VP-Finance, and Treasurer, purchased 49,266 shares. Other notable transactions included Anne MacMillan and Cheryl Lea Bustos each buying 4,423 shares, while Executive Chairman of the Board Stuart Rose sold 19,211 shares at $42.97 per share. CEO Zafar Rizvi also sold 13,838 shares at the same price.
Other Institutional Activity in REX American Resources
Institutional investors have also been active in REX American Resources. BlackRock, Inc. trimmed its holdings by 4,657 shares, leaving it with 5,493,426 shares valued at about $250.3 million. Dimensional Fund Advisors LP reduced its stake by 68,153 shares, holding 1,896,068 shares worth approximately $86.4 million. Conversely, State Street Corp added 109,786 shares, ending with 1,453,113 shares valued at $66.2 million.
REX American Resources Stock Snapshot
Shares of NYSE:REX recently traded at $43.68. The company boasts a market capitalization of approximately $1.44 billion and a P/E ratio of 15.6. Its stock has a 52-week range between $23.82 and $53.36. The 50-day moving average is $46.77, while the 200-day moving average is $37.22. REX American Resources has a current ratio of 6.76 and a quick ratio of 6.07, with a debt-to-equity ratio of 2.7.
Recent Earnings
In its latest earnings report, REX American Resources posted revenue of $656.2 million, with a revenue growth rate of 3.6%. The company's net margin stands at 14.1%, and it has a return on equity of 15.8%. The next earnings date is scheduled for August 26, 2026.
Analysts Set New Price Targets
Truist Securities reiterated its 'buy' rating for REX American Resources on March 27, 2025, setting a price target of $50. The consensus among analysts is positive, with a strong buy recommendation and an average target price that reflects optimism about the company's future prospects.
About REX American Resources
REX American Resources Corporation, headquartered in Dayton, Ohio, operates in the Basic Materials sector, specifically within the Chemicals industry. The company, led by CEO Zafar A. Rizvi, produces and sells ethanol and related products like corn, distillers grains, and distillers corn oil. Founded in 1980, REX American Resources also provides dry distillers grains with solubles, used as protein in animal feed. The company employs 132 people.
Bottom Line
Douglas Bruggeman's insider purchase of shares in REX American Resources highlights his commitment to the company. Institutional investors have been adjusting their positions, with mixed changes in share counts. Analysts maintain a positive outlook, suggesting potential growth. As always, it's important to note that 13F filings and insider trades reflect past actions and may not represent current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
