Athel Fahad Mohammed Saleh Al Sells 18,167 Shares of Trecora Resources (NYSE:TREC) Stock

Trecora Resources (NYSE:TREC) major shareholder Athel Fahad Mohammed Saleh Al sold 18,167 shares of the company’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $9.01, for a total value of $163,684.67. Following the completion of the transaction, the insider now directly owns 2,556,793 shares in the company, valued at approximately $23,036,704.93. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Wednesday, September 11th, Athel Fahad Mohammed Saleh Al sold 30,000 shares of Trecora Resources stock. The shares were sold at an average price of $9.04, for a total value of $271,200.00.
  • On Thursday, August 1st, Athel Fahad Mohammed Saleh Al sold 13,176 shares of Trecora Resources stock. The shares were sold at an average price of $9.61, for a total value of $126,621.36.
  • On Monday, July 29th, Athel Fahad Mohammed Saleh Al sold 8,592 shares of Trecora Resources stock. The shares were sold at an average price of $9.60, for a total value of $82,483.20.
  • On Friday, July 26th, Athel Fahad Mohammed Saleh Al sold 28,712 shares of Trecora Resources stock. The shares were sold at an average price of $9.62, for a total value of $276,209.44.
  • On Wednesday, July 24th, Athel Fahad Mohammed Saleh Al sold 21,521 shares of Trecora Resources stock. The shares were sold at an average price of $9.61, for a total value of $206,816.81.
  • On Monday, July 22nd, Athel Fahad Mohammed Saleh Al sold 400 shares of Trecora Resources stock. The shares were sold at an average price of $9.60, for a total value of $3,840.00.
  • On Friday, July 19th, Athel Fahad Mohammed Saleh Al sold 125 shares of Trecora Resources stock. The shares were sold at an average price of $9.60, for a total value of $1,200.00.
  • On Monday, July 15th, Athel Fahad Mohammed Saleh Al sold 12,301 shares of Trecora Resources stock. The shares were sold at an average price of $9.60, for a total transaction of $118,089.60.
  • On Friday, July 12th, Athel Fahad Mohammed Saleh Al sold 12,885 shares of Trecora Resources stock. The shares were sold at an average price of $9.61, for a total transaction of $123,824.85.
  • On Monday, July 8th, Athel Fahad Mohammed Saleh Al sold 1,910 shares of Trecora Resources stock. The shares were sold at an average price of $9.60, for a total transaction of $18,336.00.

Shares of NYSE:TREC opened at $9.26 on Friday. The company’s fifty day moving average is $9.09 and its two-hundred day moving average is $9.36. The company has a quick ratio of 1.56, a current ratio of 2.17 and a debt-to-equity ratio of 0.56. Trecora Resources has a 12-month low of $6.69 and a 12-month high of $14.45. The company has a market cap of $223.42 million, a P/E ratio of 904.00 and a beta of 1.25.



Trecora Resources (NYSE:TREC) last announced its earnings results on Monday, August 5th. The basic materials company reported $0.10 earnings per share (EPS) for the quarter. Trecora Resources had a negative net margin of 0.97% and a positive return on equity of 0.16%. The company had revenue of $69.37 million for the quarter, compared to the consensus estimate of $68.05 million. Equities research analysts anticipate that Trecora Resources will post 0.24 earnings per share for the current year.

Large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its stake in Trecora Resources by 9.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,056,755 shares of the basic materials company’s stock valued at $8,243,000 after purchasing an additional 92,005 shares during the period. Royce & Associates LP raised its stake in Trecora Resources by 4.2% during the 1st quarter. Royce & Associates LP now owns 533,678 shares of the basic materials company’s stock valued at $4,851,000 after purchasing an additional 21,278 shares during the period. Tieton Capital Management LLC raised its stake in Trecora Resources by 64.3% during the 1st quarter. Tieton Capital Management LLC now owns 471,265 shares of the basic materials company’s stock valued at $4,284,000 after purchasing an additional 184,475 shares during the period. Rutabaga Capital Management LLC MA raised its stake in Trecora Resources by 99.1% during the 1st quarter. Rutabaga Capital Management LLC MA now owns 528,131 shares of the basic materials company’s stock valued at $4,801,000 after purchasing an additional 262,843 shares during the period. Finally, BNP Paribas Arbitrage SA raised its stake in Trecora Resources by 503.8% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,341 shares of the basic materials company’s stock valued at $39,000 after purchasing an additional 3,622 shares during the period. 47.59% of the stock is currently owned by institutional investors.

Separately, Roth Capital reissued a “buy” rating on shares of Trecora Resources in a research note on Tuesday, August 6th.

Trecora Resources Company Profile

Trecora Resources manufactures and sells various specialty petrochemical products and synthetic waxes in the United States. The company operates in two segments, Petrochemical and Specialty Waxes. The Petrochemical segment offers hydrocarbons and other petroleum based products, including isopentane, normal pentane, isohexane, and hexane for use in the production of polyethylene, packaging, polypropylene, expandable polystyrene, poly-iso/urethane foams, and crude oil from the Canadian tar sands, as well as in the catalyst support industry.

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

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