Erste Asset Management GmbH Sells 20,983 Shares of Trex Company, Inc. $TREX

Key Points

• Erste Asset Management GmbH reduced its stake in Trex Company, Inc. by 9.3%, now holding 205,178 shares worth approximately $11.76 million.
• Other institutional investors have boosted their positions significantly, with Price T Rowe Associates Inc. increasing its holdings by 463.7% to 3.13 million shares valued at $216.4 million.
• Trex reported $0.74 EPS for the last quarter, surpassing expectations, and has set a Q3 2025 guidance that is yet to be specified.

Erste Asset Management GmbH cut its holdings in shares of Trex Company, Inc. (NYSE:TREX - Free Report) by 9.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 205,178 shares of the construction company's stock after selling 20,983 shares during the period. Erste Asset Management GmbH owned about 0.19% of Trex worth $11,759,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Price T Rowe Associates Inc. MD increased its holdings in Trex by 463.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,134,849 shares of the construction company's stock valued at $216,400,000 after buying an additional 2,578,734 shares during the last quarter. Bamco Inc. NY boosted its position 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 worth $148,631,000 after buying an additional 126,441 shares during the period. Balyasny Asset Management L.P. boosted its position 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 worth $140,064,000 after buying an additional 939,960 shares during the period. Conestoga Capital Advisors LLC boosted its position 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 worth $116,343,000 after buying an additional 34,720 shares during the period. Finally, American Century Companies Inc. raised its holdings in Trex by 66.1% during the first quarter. American Century Companies Inc. now owns 1,972,125 shares of the construction company's stock worth $114,580,000 after purchasing an additional 784,820 shares in the last quarter. 95.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Trex

In other news, SVP Amy M. Fernandez sold 1,538 shares of the stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $64.18, for a total transaction of $98,708.84. Following the sale, the senior vice president directly owned 22,953 shares of the company's stock, valued at $1,473,123.54. This represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.74% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

TREX has been the topic of several recent analyst reports. JPMorgan Chase & Co. dropped their target price on Trex from $73.00 to $71.00 and set a "neutral" rating on the stock in a report on Wednesday, August 6th. Wall Street Zen upgraded shares of Trex from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. B. Riley upgraded shares of Trex to a "strong-buy" rating in a report on Monday, July 21st. Benchmark reissued a "buy" rating and set a $80.00 target price on shares of Trex in a research report on Monday, May 12th. Finally, Loop Capital reiterated a "hold" rating and issued a $66.00 target price on shares of Trex in a research note on Tuesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $71.93.

Trex Stock Performance

Shares of NYSE TREX traded up $0.58 during mid-day trading on Tuesday, hitting $64.16. 260,819 shares of the stock were exchanged, compared to its average volume of 1,619,445. The company has a market cap of $6.88 billion, a P/E ratio of 37.07, a PEG ratio of 2.70 and a beta of 1.51. The stock's fifty day simple moving average is $61.11 and its two-hundred day simple moving average is $59.41. Trex Company, Inc. has a twelve month low of $49.01 and a twelve month high of $80.74.

Trex (NYSE:TREX - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The construction company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.02. The company 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 revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the business posted $0.80 earnings per share. Trex has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Trex Company, Inc. will post 2.04 earnings per share for the current fiscal year.

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.