Advantage Alpha Capital Partners LP Boosts Holdings in Trex Company, Inc. $TREX

Key Points

• Advantage Alpha Capital Partners LP significantly increased its stake in Trex Company, acquiring 27,868 additional shares, raising its total ownership to 27,870 shares valued at approximately $1.62 million.
• Institutional investors own 95.96% of Trex's stock, with notable increases in holdings from firms like Price T Rowe Associates Inc. and American Century Companies Inc. during the recent quarters.
• Trex reported better-than-expected quarterly earnings, with an EPS of $0.74, surpassing the consensus estimate of $0.72, and recorded revenue of $387.8 million.

Advantage Alpha Capital Partners LP boosted its position in shares of Trex Company, Inc. (NYSE:TREX - Free Report) by 1,393,400.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,870 shares of the construction company's stock after buying an additional 27,868 shares during the quarter. Advantage Alpha Capital Partners LP's holdings in Trex were worth $1,619,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its stake in shares of Trex by 132.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 7,297,863 shares of the construction company's stock valued at $424,007,000 after purchasing an additional 4,163,014 shares during the period. Bamco Inc. NY boosted its stake in shares of Trex by 6.2% during the fourth quarter. Bamco Inc. NY now owns 2,153,133 shares of the construction company's stock valued at $148,631,000 after purchasing an additional 126,441 shares during the period. Balyasny Asset Management L.P. boosted its stake in shares of Trex by 86.3% during the fourth quarter. Balyasny Asset Management L.P. now owns 2,029,034 shares of the construction company's stock valued at $140,064,000 after purchasing an additional 939,960 shares during the period. Conestoga Capital Advisors LLC boosted its stake in shares of Trex by 1.8% during the first quarter. Conestoga Capital Advisors LLC now owns 2,002,468 shares of the construction company's stock valued at $116,343,000 after purchasing an additional 34,720 shares during the period. Finally, American Century Companies Inc. boosted its stake in shares of Trex by 66.1% during the first quarter. American Century Companies Inc. now owns 1,972,125 shares of the construction company's stock valued at $114,580,000 after purchasing an additional 784,820 shares during the period. 95.96% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Trex

In other Trex news, SVP Amy M. Fernandez sold 1,538 shares of the stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $64.18, for a total transaction of $98,708.84. Following the completion of the sale, the senior vice president directly owned 22,953 shares of the company's stock, valued at approximately $1,473,123.54. This represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.71% of the company's stock.

Trex Stock Performance

TREX stock opened at $61.1890 on Friday. The firm has a market cap of $6.56 billion, a price-to-earnings ratio of 35.37, a PEG ratio of 2.58 and a beta of 1.51. The firm has a 50-day simple moving average of $60.76 and a two-hundred day simple moving average of $59.69. Trex Company, Inc. has a one year low of $49.01 and a one year high of $80.74.

Trex (NYSE:TREX - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The construction company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.72 by $0.02. The business had revenue of $387.80 million during the quarter, compared to analyst estimates of $377.49 million. Trex had a net margin of 16.53% and a return on equity of 21.27%. The company's quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.80 earnings per share. Trex has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Trex Company, Inc. will post 2.04 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Stephens lowered their target price on shares of Trex from $73.00 to $65.00 and set an "equal weight" rating for the company in a research note on Monday, May 12th. DA Davidson set a $65.00 target price on shares of Trex and gave the company a "neutral" rating in a research note on Tuesday, August 5th. Wall Street Zen upgraded Trex from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Benchmark restated a "buy" rating and issued a $80.00 price objective on shares of Trex in a report on Monday, May 12th. Finally, UBS Group restated a "neutral" rating and issued a $74.00 price objective (up from $72.00) on shares of Trex in a report on Tuesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Trex currently has a consensus rating of "Moderate Buy" and a consensus target price of $71.93.

About Trex

Trex Company, Inc manufactures and distributes composite decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. It offers decking products and accessories under the names Trex Transcend, Trex Select, Trex Signature, Trex Transcend Lineage, and Trex Enhance for protection against fading, staining, mold, and scratching; Trex Hideaway, a hidden fastening system; and Trex DeckLighting, a LED dimmable deck lighting for use on posts, floors, and steps.

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