REX American ResourcesREX
Market Cap: $768M
About: REX American Resources Corp operates as a holding company, which engages in investment in alternative energy and ethanol production entities. Its operating segments include Ethanol and By-Products. Its products include dried distillers grains, modified distillers grains, and non-food grade corn oil.
Employees: 117
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2,507% more call options, than puts
Call options by funds: $4.64M | Put options by funds: $178K
2.95% more ownership
Funds ownership: 81.47% [Q1] → 84.41% (+2.95%) [Q2]
8% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 63
5% less funds holding
Funds holding: 185 [Q1] → 175 (-10) [Q2]
19% less capital invested
Capital invested by funds: $836M [Q1] → $673M (-$163M) [Q2]
30% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 33
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Truist Securities Jordan Levy 31% 1-year accuracy 12 / 39 met price target | 37%upside $60 | Buy Reiterated | 28 Aug 2024 |
Truist Securities Jordan Levy 31% 1-year accuracy 12 / 39 met price target | 37%upside $60 | Buy Maintained | 27 Aug 2024 |
Truist Securities Jordan Levy 31% 1-year accuracy 12 / 39 met price target | 48%upside $65 | Buy Maintained | 17 Jun 2024 |
Financial journalist opinion
Based on 4 articles about REX published over the past 30 days