REX American Resources (REX) Insider Elcan Buys 4,423 Shares
Charles Elcan bought 4,423 shares of REX American Resources on June 15, 2026.
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Charles Elcan bought 4,423 shares of REX American Resources Corporation ($REX) on June 15, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $REX is up 2.3% after 1 week, up 6.8% after 1 month and down 2.9% to date (from the $42.97 close on Jun 15, 2026).
REX
REX American Resources Corporation
Key Points
- Charles Elcan purchased 4,423 shares of REX American Resources, valued at approximately $193,000 based on the recent trading price of $43.68.
- This trade comes as REX American Resources continues to show strong fundamentals in the ethanol industry, with a market cap of about $1.43 billion.
- Recent insider activity includes multiple purchases on June 15, 2026, from other executives, indicating growing confidence in the company's future.
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Elcan's Share Purchase
On June 15, 2026, Charles Elcan bought 4,423 shares of REX American Resources Corporation (NYSE: REX) at a recent price of $43.68. This purchase adds approximately $193,000 to his holdings. The transaction reflects ongoing interest from insiders amid recent activity within the company.
Recent Insider Activity
Elcan's buy aligns with actions from other insiders on the same day. Notably, David Harris acquired 6,053 shares, while Lee Fisher and Mervyn Alphonso each bought 4,423 shares. Additionally, Edward Kress, the Secretary of REX, also purchased 4,423 shares. These moves suggest a collective bullish sentiment among REX's management.
How REX American Resources Corporation Stock Has Traded
REX American Resources shares are currently trading near $43.68, close to its 50-day moving average of $43.60. The stock has seen a 52-week range from $30.30 to $53.36, indicating some volatility. This purchase by Elcan comes as the stock is performing well within this range, reflecting a strong position in the market.
What REX American Resources Corporation Does
REX American Resources Corporation produces and sells ethanol and related products in the U.S. The company is headquartered in Dayton, Ohio, and has been active in the market since 1980, contributing significantly to the basic materials sector.
What's Next for REX American Resources Corporation
Looking ahead, REX American Resources is set to report its next earnings on December 3, 2026. The recent insider purchases signal confidence in the company's performance leading up to this announcement. It's important to remember that these insider transactions are reported after the trades under the STOCK Act and may not reflect current holdings.
Related Filing Alerts
Source: Charles Elcan's Form 4 filing on $REX (Jun 15, 2026). Find the original filing: REX Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts