Notable Insider Trading: Trex Company, Inc. $TREX

1f1827f2f0e878ccdedc89cbf2038fcc

Trex Company, Inc. (NYSE:TREX) insider have most recently took part in a trading activity. On Dec 29, 2017 Scripter Jay T, Vice President, Operations bought 54 shares having total worth of $4,013 at the price of $74.32 per share, following the transaction a total of 13,692 shares owned by Scripter Jay T. Before this latest buy, Scripter Jay T purchased TREX at 2 other times during the past twelve months, for a total investment of $5,321 at an average of $57.16 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 sell activities .Furthermore, over the past 12 months , the stock was traded 18 times by insiders. In 16 of these trades, the insider was a seller while an employee of the company was the buyer in 2 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 4 47.98%
12 Month 2 16 124.04%

Shares of Trex Company, Inc. (NYSE:TREX) traded up 0.7% on Jan 2, 2018, hitting $109.15. 236,421 shares of the company’s stock traded hands. Trex Company, Inc. has a 52 week low of $47.76 and a 52 week high of $117.76. The company’s market cap is $1,740 million.

Trex Company, Inc. (NYSE:TREX) last announced its earnings results on Oct 30, 2017. The company reported 0.68 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.55 by $0.13. The company had revenue of $140 million for the quarter, compared to the consensus estimate of $125 million. During the same quarter in the previous year, the company posted 0.45 earnings per share. The company’s revenue for the quarter was up 32% on a year-over-year basis.

2017-10-30 2017-07-31 2017-05-04 2017-02-21 2016-11-07 2016-08-01 2016-05-10 2016-02-23 2015-10-27 2015-08-03
earnings per share 0.68 0.97 0.95 0.43 0.45 0.79 0.78 0.26 0.26 0.58
Revenue(M) 140.19 157.94 144.81 95.3 106.17 146.45 131.68 89.2 94.02 136.78

Trex Company, Inc. founded as a Delaware corporation in 1998. The Company is a manufacturer of wood-alternative decking, railing, fencing and trim products, which are marketed under the brand name Trex. It offers a set of aesthetically durable, low maintenance product offerings in the decking, railing, porch, fencing and trim categories. The Company has three principal decking products: Trex Transcend, Trex Accents, and Trex Escapes; two railing products: Trex Designer Series Railing and Trex Transcend Railing; two fencing products: Trex Seclusions and Trex Surroundings; and a cellular PVC outdoor trim product, TrexTrim. In addition, it offers Trex Hideaway, which is a hidden fastening system for specially grooved boards. The Company has received product building code listings from the major U.S. and Canadian building code listing agencies for both its decking and railing systems. Its listings facilitate the acquisition of building permits by deck builders and promote consumer and industry acceptance of its products as an alternative to wood in decking. The Company distributes its products through wholesale distribution, retail lumber dealers, Home Depot and Lowe’s. The Company has manufacturing facilities in Winchester, Virginia and Fernley, Nevada, which had floor space of approximately 265,000 square feet and 250,000 square feet, respectively. Trex products are mainly manufactured from waste wood fiber and reclaimed polyethylene. Its main manufacturing process involves mixing wood particles with plastic, heating and finally extruding, or forcing, the highly viscous and abrasive material through a profile die. In decking, it competes with wood and other manufacturers of wood alternative decking products. In railing, it competes with wood and other manufacturers of composite, non-wood and plastic products, as well as with railings using metal, glass, vinyl and other materials. In privacy fencing, the Company competes with wood, vinyl and other manufacturers of composites. In trim, it competes against wood, engineered wood, fiber cement, and other manufacturers of cellular PVC and similar plastic products. The Company is subject to federal, state and local environmental regulation.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.