This Decking Stock Is Down 35% in a Year, and One Investor Just Reported a $21 Million Exit
2026-03-12 16:11:08 ET
On February 17, 2026, Aperture Investors disclosed in an SEC filing that it sold its entire stake of 406,610 shares in Trex (NYSE:TREX) , an estimated $21.01 million transaction.
According to an SEC filing dated February 17, 2026, Aperture Investors eliminated its entire stake in Trex by selling all 406,610 previously held shares. The fund’s quarter-end position in Trex decreased by $21.01 million as a result of the exit.
Trex is a leading provider of composite decking and outdoor living solutions with a strong presence in the North American construction materials market. The company leverages its proprietary manufacturing processes and extensive distribution network to maintain a competitive position in the industry. Trex's focus on branded, low-maintenance products and strategic retail partnerships supports its growth and market share within the outdoor building products sector.
NASDAQ: TREX
TREX Trading
-1.48% G/L:
$35.95 Last:
560,853 Volume:
$36.74 Open:
