Anne Macmillan Purchases REX American Resources Shares
Anne Macmillan bought 4,423 shares of REX American Resources on June 15, 2026.
Key Points
- Anne Macmillan bought 4,423 shares of REX American Resources on June 15, 2026.
- REX American Resources has a market cap of $1.44 billion and a P/E ratio of 15.6.
- Analysts maintain a positive outlook, with Truist Securities reiterating a 'buy' rating.
Anne Macmillan recently bought 4,423 shares of REX American Resources Corporation (NYSE:REX). The transaction took place on June 15, 2026. The stock was trading at $43.68, with no specific price or value disclosed for this insider purchase.
Insider Buying and Selling at REX American Resources Corporation
Several insiders were active in REX American Resources on June 15, 2026. CFO Douglas Bruggeman acquired 49,266 shares, while Cheryl Lea Bustos and David Harris also bought 4,423 and 6,053 shares, respectively. On the selling side, Executive Chairman Stuart Rose sold 19,211 shares at $42.97, and CEO Zafar Rizvi sold 13,838 shares at the same price.
Other Institutional Activity in REX American Resources
Institutional investors showed mixed activity in REX American Resources. BlackRock, Inc. reduced its holdings by 4,657 shares, leaving it with 5,493,426 shares valued at about $250.3 million. Dimensional Fund Advisors LP cut its position by 68,153 shares, holding 1,896,068 shares worth $86.4 million. Renaissance Technologies LLC also trimmed its stake by 72,036 shares, ending with 1,523,594 shares valued at $69.4 million. Meanwhile, State Street Corp increased its holdings by 109,786 shares to a total of 1,453,113 shares valued at $66.2 million.
REX American Resources Stock Snapshot
Shares of NYSE:REX traded near $43.68. The company has a market capitalization 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 beta of 0.613. REX American Resources' 50-day moving average is $46.77, and its 200-day moving average is $37.22.
Recent Earnings
In its latest earnings report, REX American Resources posted revenue of $656.2 million, reflecting a growth of 3.6%. The company's net margin stands at 14.1%, with a return on equity of 15.8%. The next earnings announcement is expected on August 26, 2026.
Analysts Set New Price Targets
Truist Securities reiterated its 'buy' rating for REX American Resources on March 27, 2025, with a price target of $50. Analysts generally maintain a positive outlook on the stock, with a consensus 'buy' recommendation and an average target price yet to be disclosed.
About REX American Resources
REX American Resources Corporation, headquartered in Dayton, Ohio, produces and sells ethanol and related products in the United States. Founded in 1980, the company operates in the chemicals sector, offering products like corn, distillers grains, ethanol, and distillers corn oil. REX American Resources employs 132 people and is led by CEO Zafar A. Rizvi.
Bottom Line
Anne Macmillan's recent purchase of REX American Resources shares highlights ongoing insider interest in the company. With a solid market position and a P/E ratio of 15.6, REX American Resources remains a company to watch. Investors should note that insider transactions are disclosed after the fact and may not reflect current holdings.
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.
