The VP & CFO of Trex Company (NYSE: TREX) is Selling Shares


Today, the VP & CFO of Trex Company (NYSE: TREX), FAIRBANKS BRYAN HORIX, sold shares of TREX for $281.6K.

Following FAIRBANKS BRYAN HORIX’s last TREX Sell transaction on August 03, 2017, the stock climbed by 36.4%.

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Based on Trex Company’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $171 million and quarterly net profit of $37.11 million. In comparison, last year the company earned revenue of $145 million and had a net profit of $27.95 million. TREX’s market cap is $3.36B and the company has a P/E ratio of 32.44. Currently, Trex Company has an average volume of 86.45K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $114.67, reflecting a -0.4% downside.

The insider sentiment on Trex Company has been negative according to 68 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Trex Co., Inc. engages in the manufacture of wood-alternative decking and railing. Its products include deck framing and drainage, outdoor lighting, furniture, pergola and outdoor kitchens, fencing, collections, and accessory hardware. The company was founded by Andrew U. Ferrari and Roger A. Wittenberg in 1996 and is headquartered in Winchester, VA.

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