Trex (NYSE:TREX) Stock: Insider Amy Fernandez Sells 1,231 Shares

by · The Markets Daily

Trex Company, Inc. (NYSE:TREX – Get Free Report) SVP Amy Fernandez sold 1,231 shares of the stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $57.87, for a total transaction of $71,237.97. Following the sale, the senior vice president directly owned 66,563 shares in the company, valued at approximately $3,852,000.81. The trade was a 1.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Trex Stock Down 7.2%

NYSE:TREX opened at $54.53 on Wednesday. Trex Company, Inc. has a 52 week low of $29.77 and a 52 week high of $60.21. The stock’s 50-day moving average price is $46.75 and its 200-day moving average price is $43.56. The stock has a market capitalization of $5.45 billion, a PE ratio of 31.70, a price-to-earnings-growth ratio of 3.17 and a beta of 1.46.

Trex (NYSE:TREX – Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The construction company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.07. The business had revenue of $359.50 million during the quarter, compared to analysts’ expectations of $314.86 million. Trex had a return on equity of 18.27% and a net margin of 13.89%. The business’s revenue was up 26.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.51 earnings per share. Sell-side analysts expect that Trex Company, Inc. will post 1.84 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Stephens boosted their target price on shares of Trex from $45.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 28th. Stifel Nicolaus set a $55.00 price target on shares of Trex and gave the company a “buy” rating in a research note on Monday, October 19th. DA Davidson cut Trex from a “buy” rating to a “neutral” rating and set a $55.00 price objective on the stock. in a report on Tuesday. Deutsche Bank Aktiengesellschaft upgraded Trex from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $53.00 to $57.00 in a report on Thursday, October 8th. Finally, Zacks Research lowered Trex from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Twelve analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.18.

View Our Latest Report on Trex

Institutional Investors Weigh In On Trex

Several institutional investors and hedge funds have recently added to or reduced their stakes in TREX. Meeder Asset Management Inc. acquired a new stake in shares of Trex in the third quarter valued at about $33,000. Ascentis Independent Advisors purchased a new position in shares of Trex in the first quarter worth about $44,000. Elevation Wealth Partners LLC lifted its stake in shares of Trex by 250.7% in the third quarter. Elevation Wealth Partners LLC now owns 1,224 shares of the construction company’s stock worth $53,000 after buying an additional 875 shares in the last quarter. GAMMA Investing LLC boosted its position in Trex by 104.7% during the third quarter. GAMMA Investing LLC now owns 1,269 shares of the construction company’s stock worth $55,000 after acquiring an additional 649 shares during the last quarter. Finally, Versant Capital Management Inc acquired a new position in Trex during the second quarter worth about $58,000. Institutional investors and hedge funds own 95.96% of the company’s stock.

More Trex News

Here are the key news stories impacting Trex this week:

  • Positive Sentiment: Trex reported third-quarter sales of about $360 million, up 26% year over year, and EPS of $0.55, topping the $0.48 analyst consensus. However, a $30 million distribution load-in contributed to sales, so some of the growth may not be recurring. Trex: 3 Key Takeaways for Long-Term Investors
  • Positive Sentiment: Trex’s Refuge decking was selected as a winner in Good Housekeeping’s 2027 Home Reno Awards, offering favorable product visibility. Trex Refuge Decking Selected as a Good Housekeeping 2027 Home Reno Awards Winner
  • Neutral Sentiment: A market roundup listed TREX among stocks under pressure, but the report details provided do not specify a Trex-specific catalyst. Market roundup on falling shares
  • Negative Sentiment: D.A. Davidson lowered its rating on Trex from Buy to Neutral and set a $55 price target, suggesting limited upside at the time of the report. This more cautious analyst stance is a potential near-term headwind.
  • Negative Sentiment: CEO Adam Zambanini and several senior vice presidents disclosed share sales. The transactions were relatively small compared with their remaining holdings, but insider selling can add to investor caution. Trex insider transactions

About Trex

(Get Free Report)

Trex Company, Inc. manufactures wood-alternative decking, railing and other outdoor-living products. Its composite decking is made primarily from reclaimed wood and recycled plastic, offering an alternative to traditional wood materials. The company’s products include composite deck boards and railing systems, along with accessories such as outdoor lighting and drainage products. Trex sells through a network of distributors, dealers and retailers, serving customers primarily in North America as well as international markets.

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