Trecora Resources (NYSE:TREC) major shareholder Athel Fahad Mohammed Saleh Al sold 11,500 shares of the company’s stock in a transaction on Thursday, October 5th. The shares were sold at an average price of $13.18, for a total value of $151,570.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Athel Fahad Mohammed Saleh Al also recently made the following trade(s):

  • On Wednesday, October 4th, Athel Fahad Mohammed Saleh Al sold 7,000 shares of Trecora Resources stock. The shares were sold at an average price of $13.33, for a total value of $93,310.00.
  • On Tuesday, October 3rd, Athel Fahad Mohammed Saleh Al sold 20,100 shares of Trecora Resources stock. The shares were sold at an average price of $13.29, for a total value of $267,129.00.
  • On Monday, October 2nd, Athel Fahad Mohammed Saleh Al sold 16,516 shares of Trecora Resources stock. The shares were sold at an average price of $13.20, for a total value of $218,011.20.
  • On Friday, September 29th, Athel Fahad Mohammed Saleh Al sold 20,000 shares of Trecora Resources stock. The shares were sold at an average price of $13.18, for a total value of $263,600.00.
  • On Thursday, September 28th, Athel Fahad Mohammed Saleh Al sold 20,000 shares of Trecora Resources stock. The shares were sold at an average price of $12.95, for a total value of $259,000.00.
  • On Wednesday, September 27th, Athel Fahad Mohammed Saleh Al sold 20,000 shares of Trecora Resources stock. The shares were sold at an average price of $12.65, for a total value of $253,000.00.
  • On Tuesday, September 26th, Athel Fahad Mohammed Saleh Al sold 20,000 shares of Trecora Resources stock. The shares were sold at an average price of $12.67, for a total value of $253,400.00.
  • On Monday, September 25th, Athel Fahad Mohammed Saleh Al sold 20,000 shares of Trecora Resources stock. The shares were sold at an average price of $12.75, for a total value of $255,000.00.
  • On Friday, September 22nd, Athel Fahad Mohammed Saleh Al sold 20,000 shares of Trecora Resources stock. The shares were sold at an average price of $12.82, for a total value of $256,400.00.
  • On Thursday, September 21st, Athel Fahad Mohammed Saleh Al sold 20,000 shares of Trecora Resources stock. The shares were sold at an average price of $12.60, for a total value of $252,000.00.

Shares of Trecora Resources (NYSE:TREC) traded down 1.14% on Friday, hitting $13.00. The stock had a trading volume of 17,449 shares. Trecora Resources has a 12 month low of $9.75 and a 12 month high of $14.80. The stock has a market cap of $315.94 million, a PE ratio of 76.47 and a beta of 1.58. The stock has a 50 day moving average of $12.69 and a 200-day moving average of $11.67.

Trecora Resources (NYSE:TREC) last issued its quarterly earnings data on Thursday, August 3rd. The basic materials company reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.04). Trecora Resources had a return on equity of 3.94% and a net margin of 0.97%. The firm had revenue of $62.12 million during the quarter, compared to the consensus estimate of $56.68 million. Equities research analysts anticipate that Trecora Resources will post $0.31 EPS for the current year.

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Several institutional investors and hedge funds have recently modified their holdings of TREC. Wellington Management Group LLP grew its holdings in shares of Trecora Resources by 8.5% in the first quarter. Wellington Management Group LLP now owns 2,873,014 shares of the basic materials company’s stock worth $31,890,000 after acquiring an additional 225,893 shares during the period. Kennedy Capital Management Inc. bought a new stake in shares of Trecora Resources in the second quarter worth $1,256,000. Luzich Partners LLC grew its holdings in shares of Trecora Resources by 12.0% in the second quarter. Luzich Partners LLC now owns 1,005,299 shares of the basic materials company’s stock worth $11,310,000 after acquiring an additional 107,495 shares during the period. Balter Liquid Alternatives LLC grew its holdings in shares of Trecora Resources by 131.7% in the first quarter. Balter Liquid Alternatives LLC now owns 94,454 shares of the basic materials company’s stock worth $1,048,000 after acquiring an additional 53,683 shares during the period. Finally, Ironwood Investment Management LLC bought a new stake in shares of Trecora Resources in the second quarter worth $375,000. 41.55% of the stock is owned by institutional investors.

A number of research analysts have issued reports on the company. Zacks Investment Research downgraded Trecora Resources from a “hold” rating to a “sell” rating in a research note on Wednesday. BidaskClub downgraded Trecora Resources from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. B. Riley restated a “buy” rating and issued a $17.00 price objective on shares of Trecora Resources in a research note on Monday, August 7th. Finally, TheStreet upgraded Trecora Resources from a “c” rating to a “b-” rating in a research note on Monday, July 17th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the company. Trecora Resources currently has an average rating of “Hold” and a consensus price target of $15.00.

Trecora Resources Company Profile

Trecora Resources (TREC) is a provider of high-purity specialty hydrocarbons and waxes. TREC owns and operates a facility located in southeast Texas, just north of Beaumont, which specializes in high-purity hydrocarbons and other petrochemical manufacturing. The Company operates through two segments: specialty petrochemical products and specialty synthetic waxes.

Insider Buying and Selling by Quarter for Trecora Resources (NYSE:TREC)

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