Trex Stock Down 36% as Wasatch Sells Off $63 Million in Shares

Wasatch Advisors reduced its position in Trex Company (NYSE:TREX) by 1,563,974 shares in the fourth quarter, an estimated $63.26 million trade based on quarterly average pricing, according to a February 12, 2026, SEC filing. What happened According to a recent SEC filing dated February 12, 2026, Wasatch Advisors decreased its holding in Trex Company by 1,563,974 shares during the fourth quarter. The estimated value of shares sold was approximately $63.26 million, calculated using the quarter's average cl ...