TREX - Trex Co Recent Insider Activity | Benzinga
A substantial insider sell was reported on March 13, by James Cline, Board Member at Trex Co (NYSE:TREX), based on the recent SEC filing.
What Happened: Cline opted to sell 18,924 shares of Trex Co, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The transaction's total worth stands at $1,776,774.
During Wednesday's morning session, Trex Co shares down by 0.11%, currently priced at $95.72.
Discovering Trex Co: A Closer Look
Trex Co Inc is a manufacturer of wooden alternative decking products. The company offers outdoor products in the decking, railing, porch, fencing, trim, steel deck framing, and outdoor lighting categories. Its products are sold under the Trex brand and manufactured in the United States. Further, the company licenses its Trex brand to third parties to manufacture and sell products under the Trex trademark. The distribution is focused on wholesale distributors and retail lumber dealers, which in turn sell Trex products to homeowners and contractors, with an emphasis on professional contractors, remodelers, and homebuilders. The company operates in one reportable segment i.e. Trex Residential.
Trex Co's Economic Impact: An Analysis
Revenue Growth: Trex Co's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company ...