Rex American Resources Corp (REX): Stuart A Rose , Executive COB of Rex American Resources Corp sold 13,562 shares on Sep 21, 2016. The Insider selling transaction was reported by the company on Sep 22, 2016 to the Securities and Exchange Commission. The shares were sold at $84.17 per share for a total value of $1,140,683.88 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 16, 2016, Stuart A Rose (Executive COB) sold 1,400 shares at $86.61 per share price.On Sep 9, 2016, Douglas Bruggeman (CFO, VP-Finance, Treasurer) sold 1,500 shares at $85.00 per share price.Also, On Jul 1, 2016, Lawrence Tomchin (director) sold 2,000 shares at $60.00 per share price.
Shares of REX American Resources Corp (REX) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.71 points or -0.85% at $83.13 with 95,798 shares getting traded. Post opening the session at $84.06, the shares hit an intraday low of $82.81 and an intraday high of $84.06 and the price vacillated in this range throughout the day. The company has a market cap of $547 M and the number of outstanding shares has been calculated to be 65,82,029 shares. The 52-week high of REX American Resources Corp is $87.13 and the 52-week low is $44.48.
Rex American Resources Corporation (REX) is a holding company to succeed to the entire ownership of three affiliated companies Rex Radio and Television Inc. Stereo Town Inc. and Kelly & Cohen Appliances Inc. As of January 31 2015 the Company invested in four ethanol production entities two of which the Company has a majority ownership interest. The Company’s ethanol investments include One Earth Energy LLC NuGen Energy LLC Patriot Holdings LLC Big River Resources W Burlington LLC Big River Resources Galva LLC Big River United Energy LLC and Big River Resources Boyceville LLC. The Company owns around 74% of the outstanding membership units of One Earth Energy LLC around 99% of NuGen Energy LLC around 27% of Patriot Holdings LLC and around 10% of Big River Resources LLC.