TREX Stock: Kanen Wealth Management Sells 250K Shares for $10.06M

AI Summary

On May 15, 2026, Kanen Wealth Management LLC disclosed it sold its entire 250,000-share stake in Trex Company (TREX), valued at approximately $10.06 million. The sale contributed to a decrease in the fund's quarter-end position value by $8.83 million due to market movements. As of this date, TREX shares were priced at $37.44, reflecting a 37.6% decline over the past year and underperforming the S&P 500 by 62.8 percentage points. Trex reported trailing twelve-month revenue of $1.17 billion and net income of $190.41 million.