Fund Sheds 107,000 Shares of TREX Worth $4.3 Million, According to Recent SEC Filing

Company Overview - Trex is a leading provider of wood-alternative decking and outdoor living solutions, with over $1.18 billion in trailing twelve months revenue [6] - The company operates a multi-channel distribution model and has strong brand partnerships, maintaining a broad presence in both residential and commercial construction markets [6] - Trex manufactures and distributes a variety of products including decking, railing, fencing, and outdoor living products, targeting homeowners, builders, contractors, and commercial venue operators [8] Financial Performance - For the trailing twelve months, Trex reported a revenue of $1.18 billion and a net income of $197.88 million [4] - As of February 17, 2026, Trex's stock price was $42.35, reflecting a one-year price change of -36.62% [4][3] - The company's stock has underperformed the S&P 500 by 49 percentage points over the past year [3] Recent Developments - Masterton Capital Management, LP disclosed a reduction in its position in Trex by selling 107,400 shares in the fourth quarter of 2025, valued at approximately $4.34 million [2][1] - Following the sale, Masterton's remaining Trex holdings were valued at $1.68 million, with 47,811 shares left, representing a decrease in the fund's Trex position from 4.4% to 1.17% of its 13F AUM [2][3]