Officer files intent to sell $854K in REX American Resources stock
REX has more than doubled off its 52-week low of $20.337.
Summary
An officer at REX American Resources plans to sell $854,280 worth of stock, adding to recent sales by the same individual.
Key Events · Ownership and Investor Activity · REX
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Officer Intent to Sell
Douglas Bruggmen, an officer of REX American Resources, filed a Form 144 to sell 18,000 shares of common stock.
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Significant Value
The proposed sale is valued at approximately $854,280.
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Recent Sales History
This intent to sell follows previous sales of 7,000 shares for $317,550 by the same officer in the last three months.
Analysis · REX · Industrial Applications And Services
An officer of REX American Resources, Douglas Bruggmen, has filed a Form 144 indicating an intent to sell 18,000 shares of common stock, valued at approximately $854,280. This follows previous sales of 7,000 shares for $317,550 by the same officer in the past three months, suggesting a pattern of share disposition.
At the time of this filing, REX was trading at $49.39 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $1.6B. The 52-week trading range was $20.34 to $53.36. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.