Company Overview - Trex Company serves residential homeowners, commercial property developers, and institutional clients in the United States, operating in both residential and commercial construction segments [1] - The company generates revenue primarily through manufacturing and distributing outdoor building materials to wholesale distributors, retail lumber dealers, and major home improvement retailers [1][6] - Trex offers a range of composite decking, railing, fencing, and outdoor living products, including branded systems such as Trex Transcend, Trex Select, and Trex Enhance [2] Recent Developments - On November 14, 2025, Gandhi Prithvi, the Chief Financial Officer of Trex, acquired 15,000 shares worth nearly $480,000, marking a significant investment during a period of stock price decline [6][9] - Trex shares have experienced a decline of 54.16% over the twelve months leading up to November 14, 2025, and are down 55% year to date [3][6] - The acquisition price was $31.92 per share, closely aligned with the closing price of $31.77 on the same day [4] Ownership and Market Activity - Following the purchase, direct holdings increased to 30,664 shares, representing approximately $974,195.28 in market value, which is 0.03% of outstanding shares, indicating a doubled stake compared to pre-transaction levels [4] - This purchase is noted as the largest reported transaction by Gandhi Prithvi, with no prior open-market buys or sells of this magnitude [5] Market Context - The housing industry is currently facing challenges due to high interest rates and a mismatch between housing supply and demand, contributing to a struggling market [9] - Trex's disappointing third-quarter results led to a significant drop in share prices, reaching a five-year low, which Mr. Gandhi capitalized on to increase his stock ownership [9][10] - The company has shown confidence in its future by announcing a $50 million share repurchase program [10]