Lee Fisher Increases Stake in REX American Resources

Lee Fisher has acquired 4,423 shares of REX American Resources, boosting his holdings.

Key Points

  • Lee Fisher bought 4,423 shares of REX American Resources on June 15, 2026.
  • REX has a market cap of $1.44 billion and a P/E ratio of 15.6.
  • Analysts maintain a buy rating with targets up to $70 for REX shares.

Lee Fisher recently acquired 4,423 shares of REX American Resources Corporation (NYSE:REX) on June 15, 2026. This insider purchase did not disclose the transaction value, but it reflects confidence in the company's future prospects.

Insider Buying and Selling at REX American Resources Corporation

On June 15, 2026, several insiders at REX American Resources were active in the market. CFO Douglas Bruggeman acquired 49,266 shares, while Anne MacMillan, Cheryl Lea Bustos, Edward Kress, and Mervyn Alphonso each purchased 4,423 shares. Executive COB Stuart Rose sold 19,211 shares at an average price of $42.97.

Other Institutional Activity in REX American Resources

Institutional investors have also been adjusting their positions in REX. BlackRock, Inc. reduced its stake by 4,657 shares, holding 5,493,426 shares valued at approximately $250.3 million. Dimensional Fund Advisors LP cut its holdings by 68,153 shares, resulting in 1,896,068 shares worth about $86.4 million. Renaissance Technologies LLC decreased its position by 72,036 shares, ending with 1,523,594 shares valued at $69.4 million. On the flip side, State Street Corp increased its stake by 109,786 shares to hold 1,453,113 shares valued at $66.2 million.

REX American Resources Stock Snapshot

Shares of REX American Resources traded near $43.68 recently. The company boasts a market cap of approximately $1.44 billion and a P/E ratio of 15.6. The stock's 52-week range is between $23.82 and $53.36. With a current ratio of 6.76 and a debt-to-equity ratio of 2.7, the company shows strong financial health.

Recent Earnings

REX American Resources reported revenues of $656.2 million, with a modest revenue growth of 3.6%. The company achieved a net margin of 14.1% and a return on equity of 15.8%. The next earnings release is scheduled for August 26, 2026.

Analysts Set New Price Targets

Analysts have maintained a positive outlook on REX American Resources. On March 27, 2025, Truist Securities reiterated a buy rating with a $50 price target. The consensus among analysts is a buy recommendation, with an average target price suggesting upside potential.

About REX American Resources

REX American Resources Corporation is a Dayton, Ohio-based company involved in the production and sale of ethanol and related products in the United States. The company offers corn, distillers grains, ethanol, and more, serving various markets. Led by CEO Mr. Zafar A. Rizvi, REX employs 132 people.

Bottom Line

Insider purchases like Lee Fisher's recent acquisition often signal confidence in a company's future. REX American Resources, with its strong financial position and positive analyst ratings, remains a company to watch. Remember, 13F filings and insider transactions are backward-looking and may not reflect 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.