Cheryl Lea Bustos Acquires REX American Resources Shares
Cheryl Lea Bustos bought 4,423 shares of REX American Resources on June 15, 2026.
Key Points
- Cheryl Lea Bustos bought 4,423 shares of REX American Resources on June 15, 2026.
- REX trades at $43.68, with a market cap of $1.44 billion and a P/E ratio of 15.6.
- Truist Securities reiterated a buy rating with a $50 price target on March 27, 2025.
On June 15, 2026, Cheryl Lea Bustos purchased 4,423 shares of REX American Resources Corporation (NYSE: REX). This insider transaction did not involve a planned purchase under Rule 10b5-1. The shares were acquired at a time when REX stock is trading at $43.68.
Insider Buying and Selling at REX American Resources Corporation
On the same day, several other insiders were active. Douglas Bruggeman, CFO, acquired 49,266 shares, and Anne MacMillan also purchased 4,423 shares. Meanwhile, Executive Chairman Stuart Rose sold 19,211 shares at $42.97 each, and CEO Zafar Rizvi sold 13,838 shares, also at $42.97.
Other Institutional Activity in REX American Resources
Several major funds adjusted their positions in REX American Resources recently. BlackRock, Inc. reduced its holdings by 4,657 shares, ending with 5,493,426 shares valued at approximately $250.3 million. Dimensional Fund Advisors LP also cut its stake by 68,153 shares, leaving it with 1,896,068 shares worth about $86.4 million. Conversely, State Street Corp increased its position by 109,786 shares, bringing its total to 1,453,113 shares valued at $66.2 million.
REX American Resources Stock Snapshot
Shares of NYSE:REX are trading at $43.68. The company, which specializes in ethanol production, has a market cap of $1.44 billion and a P/E ratio of 15.6. Its stock has a 52-week low of $23.82 and a high of $53.36, with moving averages of $46.77 over 50 days and $37.22 over 200 days. The company maintains a strong balance sheet with a current ratio of 6.76 and a debt-to-equity ratio of 2.7.
Recent Earnings
REX American Resources reported revenue of $656.2 million, reflecting a 3.6% growth. The company achieved an earnings per share (EPS) of $2.80, with a net margin of 14.1% and a return on equity (ROE) of 15.8%. The next earnings report is expected on August 26, 2026.
Analysts Set New Price Targets
On March 27, 2025, Truist Securities reiterated its buy rating for REX American Resources, setting a price target of $50. The consensus among analysts is a buy recommendation, with an average target price of $50 across multiple 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's offerings include corn, distillers grains, and ethanol, along with distillers corn oil and gasoline. Founded in 1980, REX has grown to employ 132 people under the leadership of CEO Zafar A. Rizvi.
Bottom Line
Cheryl Lea Bustos's recent purchase reflects ongoing insider interest in REX American Resources. Investors often watch such moves for potential insights into company prospects. However, insider transactions are just one piece of the puzzle, and it's important to consider broader market conditions and company fundamentals. As always, these 13F filings and insider actions are historical 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.