Insider Sale: REX American Resources Corp (REX)’ COB & CEO Unloads 18,000 Shares


Rose Stuart, Chairman of the Board and Chief Executive Officer at REX American Resources Corp (NYSE:REX), disposed last August 29th of 18,000 shares of Common Stock $.01 par value through an open market transaction. These were sold at a price of $107.31 each, for a total value of 1,191,562. Following the filing, Ms. Stuart directly owns 668,758 shares of this$856.82 million market cap company. Throughout this last year, as from January, she has made over twenty different sales of shares.

On the contrary, REX American Resources Corp (NYSE:REX) largest hedge funds shareholders on record have decided to increase their exposure to this company. Jim Simons’s Renaissance Technologies –owner of 337,600 shares- has done so by a 27%. Also, other hedge funds like David E. Shaw’s D E Shaw –owner of 62,072 shares- and John Overdeck and David Siegel’s Two Sigma Advisors –owner of 41,300 shares- have expanded their participation in this firm that conducts substantially all of its business operations through its subsidiaries by over four times and by over 50% respectively.

Disclosure: Pamela Gaviño holds no position in any of the stocks or funds mentioned.

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