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Rex American Resources Corp. (NYSE:REX) CEO Stuart A. Rose sold 18,000 shares of Rex American Resources Corp. stock on the open market in a transaction dated Friday, August 29th. The stock was sold at an average price of $107.31, for a total transaction of $1,931,580.00. Following the completion of the sale, the chief executive officer now directly owns 668,758 shares in the company, valued at approximately $71,764,421. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Rex American Resources Corp. (NYSE:REX) traded up 0.33% on Wednesday, hitting $106.83. 84,879 shares of the company’s stock traded hands. Rex American Resources Corp. has a 1-year low of $26.70 and a 1-year high of $110.65. The stock has a 50-day moving average of $91.82 and a 200-day moving average of $70.03. The company has a market cap of $874.1 million and a P/E ratio of 12.51.

Rex American Resources Corp. (NYSE:REX) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $2.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.05 by $0.63. The company had revenue of $150.20 million for the quarter, compared to the consensus estimate of $147.00 million. During the same quarter in the previous year, the company posted $0.70 earnings per share. On average, analysts predict that Rex American Resources Corp. will post $9.76 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on REX shares. Analysts at Singular Research raised their price target on shares of Rex American Resources Corp. from $99.00 to $115.00 in a research note on Thursday, August 28th. They now have a “long” rating on the stock. Analysts at Sidoti downgraded shares of Rex American Resources Corp. from a “buy” rating to a “neutral” rating in a research note on Thursday, August 21st.

Rex American Resources Corporation (NYSE:REX) is a holding company to succeed to the entire ownership of three affiliated corporations, Rex Radio and Television, Inc, Stereo Town, Inc and Kelly & Cohen Appliances, Inc As of January 31, 2012, the Company had lease agreements, as landlord, for six owned former retail stores and had 16 vacant former retail properties.

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