Trecora Resources (NYSE:TREC) major shareholder Athel Fahad Mohammed Saleh Al sold 1,370 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $12.21, for a total transaction of $16,727.70. Following the completion of the sale, the insider now owns 3,370,518 shares in the company, valued at approximately $41,154,024.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 Monday, November 6th, Athel Fahad Mohammed Saleh Al sold 5,183 shares of Trecora Resources stock. The stock was sold at an average price of $12.31, for a total transaction of $63,802.73.
  • On Friday, November 3rd, Athel Fahad Mohammed Saleh Al sold 7,768 shares of Trecora Resources stock. The stock was sold at an average price of $12.34, for a total transaction of $95,857.12.
  • On Wednesday, November 1st, Athel Fahad Mohammed Saleh Al sold 10,518 shares of Trecora Resources stock. The stock was sold at an average price of $12.34, for a total transaction of $129,792.12.
  • On Monday, October 30th, Athel Fahad Mohammed Saleh Al sold 713 shares of Trecora Resources stock. The stock was sold at an average price of $12.47, for a total transaction of $8,891.11.
  • On Friday, October 27th, Athel Fahad Mohammed Saleh Al sold 30,000 shares of Trecora Resources stock. The stock was sold at an average price of $12.62, for a total transaction of $378,600.00.
  • On Wednesday, October 25th, Athel Fahad Mohammed Saleh Al sold 10,925 shares of Trecora Resources stock. The stock was sold at an average price of $12.39, for a total transaction of $135,360.75.
  • On Monday, October 23rd, Athel Fahad Mohammed Saleh Al sold 30,000 shares of Trecora Resources stock. The stock was sold at an average price of $12.41, for a total transaction of $372,300.00.
  • On Thursday, October 19th, Athel Fahad Mohammed Saleh Al sold 1,545 shares of Trecora Resources stock. The stock was sold at an average price of $12.30, for a total transaction of $19,003.50.
  • On Tuesday, October 17th, Athel Fahad Mohammed Saleh Al sold 12,713 shares of Trecora Resources stock. The stock was sold at an average price of $12.32, for a total transaction of $156,624.16.
  • On Monday, October 16th, Athel Fahad Mohammed Saleh Al sold 12,416 shares of Trecora Resources stock. The stock was sold at an average price of $12.67, for a total transaction of $157,310.72.

Trecora Resources (TREC) opened at $12.20 on Monday. The company has a current ratio of 1.66, a quick ratio of 1.21 and a debt-to-equity ratio of 0.48. The stock has a market cap of $296.54, a price-to-earnings ratio of 48.80 and a beta of 1.48. Trecora Resources has a twelve month low of $10.13 and a twelve month high of $14.80.

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A number of analysts recently issued reports on TREC shares. B. Riley reissued a “buy” rating and set a $17.50 price target on shares of Trecora Resources in a report on Wednesday, August 2nd. BidaskClub downgraded shares of Trecora Resources from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Zacks Investment Research downgraded shares of Trecora Resources from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Finally, TheStreet downgraded shares of Trecora Resources from a “b-” rating to a “c+” rating in a report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. Trecora Resources currently has an average rating of “Hold” and a consensus target price of $14.75.

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Trecora Resources by 2.5% during the first quarter. Vanguard Group Inc. now owns 558,376 shares of the basic materials company’s stock valued at $6,198,000 after purchasing an additional 13,585 shares in the last quarter. Monarch Partners Asset Management LLC purchased a new position in Trecora Resources during the third quarter valued at $508,000. Bank of New York Mellon Corp lifted its holdings in Trecora Resources by 17.6% during the second quarter. Bank of New York Mellon Corp now owns 143,060 shares of the basic materials company’s stock valued at $1,610,000 after purchasing an additional 21,407 shares in the last quarter. Ironwood Investment Management LLC purchased a new position in Trecora Resources during the second quarter valued at $375,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Trecora Resources by 2.5% during the first quarter. Dimensional Fund Advisors LP now owns 671,410 shares of the basic materials company’s stock valued at $7,453,000 after purchasing an additional 16,452 shares in the last quarter. 41.38% of the stock is currently owned by institutional investors and hedge funds.

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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