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Bragar Eagel & Squire, P.C. Is Investigating Trex, United Homes Group, and Nidec and Encourages Investors to Contact the Firm
Globenewswire· 2025-11-19 22:47
Core Insights - Bragar Eagel & Squire, P.C. is investigating potential claims against Trex Company, Inc., United Homes Group, Inc., and Nidec Corporation for possible violations of federal securities laws and unlawful business practices [1] Trex Company, Inc. (NYSE:TREX) - Trex reported disappointing Q3 2025 financial results with net sales of $285 million, which was 5% below the mid-point of its guidance and a sequential decline of about 26% [5] - The company experienced a 12% decline in net income per share for the nine months ended September 30, 2025, compared to the prior year [5] - Trex revised its FY 2025 sales growth guidance down to roughly 0% compared to 2024, expecting a "muted" fourth quarter [5] - Following the announcement, Trex's share price fell by $14.61, or approximately 31.07%, closing at $32.43 on November 5, 2025 [5] United Homes Group, Inc. (NASDAQ:UHG) - On October 20, 2025, six board members of UHG resigned after Executive Chairman Michael Nieri refused to step down or forgo future compensation [5] - The special committee of independent directors concluded that continuing as an independent public company was in the best interests of UHG and its stockholders [5] - UHG's stock price fell by $2.24, or 52.46%, closing at $2.03 per share on October 20, 2025 [5] Nidec Corporation (OTCMKTS:NJDCY) - Nidec established a third-party committee to investigate suspicions of improper accounting, revealing multiple documents suggesting potential improper practices [5] - Following the initial disclosure, Nidec's ADR price fell by $0.81, or 16.5%, closing at $4.11 on September 4, 2025 [5] - On September 26, 2025, Nidec disclosed further findings of inappropriate accounting practices, leading to a decline in ADR price by $0.29, or 6.6%, to $4.09 [5] - Nidec withdrew its year-end forecast and decided not to pay a surplus dividend due to ongoing investigations, resulting in a price drop of $1.17, or 25.4%, to $3.43 on October 23, 2025 [5] - The Tokyo Stock Exchange designated Nidec under a Special Security alert due to identified deficiencies in its internal management systems [5][8]
Securities Fraud Investigation Into Trex Company, Inc. (TREX) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Globenewswire· 2025-11-19 20:31
LOS ANGELES, Nov. 19, 2025 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz continues its investigation of Trex Company, Inc. (“Trex” or the “Company”) (NYSE: TREX) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON TREX COMPANY, INC. (TREX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.   What Is The Investigation About? On November 4, 2025, after market hours, Trex released its third ...
Trex Company, Inc. (TREX) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
Globenewswire· 2025-11-19 19:30
BENSALEM, Pa., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith continues its investigation on behalf of Trex Company, Inc. (“Trex” or the “Company”) (NYSE: TREX) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN TREX COMPANY, INC. (TREX), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by ema ...
New Trex CFO Doubles Stake With 15,000 Share Purchase
Yahoo Finance· 2025-11-19 18:58
It serves residential homeowners, commercial property developers, and institutional clients in the United States, with a presence in both residential and commercial construction segments.The company generates revenue primarily through manufacturing and distributing outdoor building materials to wholesale distributors, retail lumber dealers, and major home improvement retailers.Trex offers composite decking, railing, fencing, and outdoor living products, including branded systems such as Trex Transcend, Trex ...
Securities Fraud Investigation Into Trex Company, Inc. (TREX) Continues – Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
Globenewswire· 2025-11-19 17:38
LOS ANGELES, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Trex Company, Inc. (“Trex” or the “Company”) (NYSE: TREX) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON TREX COMPANY, INC. (TREX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On November 4, 2025, after market hours, ...
Stifel Downgrades Trex Company (TREX) Stock
Yahoo Finance· 2025-11-19 05:25
Trex Company, Inc. (NYSE:TREX) is one of the Worst Performing Stocks to Invest in on the Dip. On November 10, Stifel downgraded the company’s stock to “Hold” from “Buy” with a price objective of $35, down from the prior target of $61, as reported by The Fly. As per the analyst, Trex Company, Inc. (NYSE:TREX) has reset expectations for all the known headwinds. Stifel Downgrades Trex Company (TREX) Stock However, gaining confidence in the updated outlook is expected to take time. Furthermore, Stifel stated ...
Kinetic Partners Is Done With Trex: Should Investors Sell the Stock Too?
The Motley Fool· 2025-11-15 17:55
Company Overview - Trex is a leading U.S. manufacturer of wood-alternative decking and outdoor living products, serving both residential and commercial markets [5] - The company's strategy focuses on innovation in composite materials, broad distribution, and brand licensing to meet demand for sustainable, low-maintenance exterior solutions [5] - Trex generates revenue primarily through wholesale distribution, retail lumber dealers, and partnerships with large home improvement retailers [7] Financial Performance - As of November 14, 2025, Trex's stock price was $31.77, reflecting a 55% decline over the prior year [3][4] - The company's market capitalization stands at $3.41 billion, with trailing twelve months (TTM) revenue of $1.18 billion and net income of $197.9 million [4] Recent Developments - Kinetic Partners Management sold its entire position in Trex, amounting to approximately $57.6 million, during the third quarter of 2025 [2][3] - Following this transaction, Trex now represents 0% of Kinetic's reportable assets under management (AUM), down from 3.2% in the previous quarter [3] Competitive Position - Trex maintains a competitive edge through product durability, brand recognition, and an extensive distribution network [8] - The company markets core products under the Trex Transcend, Select, and Enhance brands, catering to customers seeking durable, low-maintenance outdoor building solutions [7] Market Outlook - Despite current challenges in the housing repair and remodeling market, Trex's eco-friendly products and leadership in the composite decking niche are expected to support a return to market-beating performance [10] - The stock's price-to-earnings (P/E) ratio is at its lowest level in the last decade, indicating potential investment opportunities [10]
INVESTOR ALERT: Investigation of Trex Company, Inc. (TREX) Announced by Holzer & Holzer, LLC
Globenewswire· 2025-11-11 18:27
Core Insights - Holzer & Holzer, LLC is investigating Trex Company, Inc. for potential compliance issues with federal securities laws following the announcement of lower-than-expected third quarter sales on November 4, 2025 [1] - Trex is working with its channel partners to reduce inventory levels as it adjusts production in response to the sales decline [1] - The announcement of disappointing financial results led to a drop in Trex's stock price [1] Financial Performance - Trex reported lower-than-anticipated sales for the third quarter of 2025 [1] - The company is taking measures to enable channel partners to carry lower inventory levels heading into year-end [1] Legal Context - Investors who purchased Trex stock and experienced losses are encouraged to contact Holzer & Holzer for legal assistance [2] - Holzer & Holzer is recognized as a top-rated securities litigation law firm, focusing on shareholder representation in litigation [3]
Securities Fraud Investigation Into Trex Company, Inc. (TREX) Announced – Shareholders Who Lost Money Urged to Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
Businesswire· 2025-11-10 23:00
Core Viewpoint - Glancy Prongay & Murray LLP has initiated an investigation into Trex Company, Inc. regarding potential violations of federal securities laws affecting investors [1] Summary by Relevant Sections - **Investigation Announcement** - The law firm is representing Trex Company, Inc. investors who may have incurred financial losses [1] - **Investor Call to Action** - Investors who lost money on Trex Company, Inc. are encouraged to inquire about pursuing claims to recover their losses [1]
Securities Fraud Investigation Into Trex Company, Inc. (TREX) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2025-11-10 18:16
Core Viewpoint - The Law Offices of Frank R. Cruz is investigating Trex Company, Inc. for potential violations of federal securities laws, particularly in relation to investor losses following the release of the company's third-quarter results on November 4, 2025 [1]. Group 1 - The investigation is initiated on behalf of investors who may have lost money on Trex Company, Inc. [1] - The focus of the investigation is on possible violations of federal securities laws by Trex [1]. - The announcement of the investigation came after Trex's third-quarter earnings release, indicating a potential link between the earnings report and investor concerns [1].