Nvidia and TSMC to unveil first domestic wafer for Blackwell chips, Axios reports
SVP, CHRO of Trex Co Inc (NYSE:TREX), Jacob T. Rudolph, has recently purchased 59 shares of the company’s common stock at $43.92, for a total value of $2591. The stock, currently trading at $52.44, has seen challenging times with a -21% return over the past year. According to InvestingPro analysis, the company appears overvalued at current levels, despite maintaining profitability with a healthy 39% gross margin.
The transaction, which occurred on October 10, 2025, was disclosed in a Form 4 filing with the Securities and Exchange Commission. The shares were acquired through the Trex Company, Inc. Amended and Restated 1999 Employee Stock Purchase Plan. Following the transaction, Rudolph directly owns 27652 shares of Trex Co Inc, representing a stake in this $5.6 billion market cap company. InvestingPro subscribers can access 8 additional key insights about TREX, along with comprehensive financial analysis in the Pro Research Report, helping investors make more informed decisions about this composite decking manufacturer.
In other recent news, Trex Company has been the focus of several analyst updates and corporate announcements. Stifel has initiated coverage on Trex with a Buy rating and a price target of $61, highlighting the company’s potential for double-digit revenue growth and a strong margin profile. Meanwhile, DA Davidson adjusted its price target for Trex to $60 from $65, maintaining a Neutral rating, following insights from a contractor survey that led to minor forecast revisions. Truist Securities reiterated its Buy rating with a $75 price target, despite recent market concerns about potential price discounting and increased selling, general, and administrative expenses at Trex.
Additionally, Trex announced the appointment of Prithvi Gandhi as its new Senior Vice President and Chief Financial Officer, effective October 6, 2025. Gandhi brings over 25 years of financial leadership experience, having previously served as Executive Vice President and CFO at Beacon Roofing Supply. These developments come amidst a backdrop of fluctuating stock performance, with Trex shares experiencing a decline over 7% year-to-date, underperforming the S&P 500. Despite this, analysts continue to hold positive growth estimates for the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.