Wasatch Advisors decreased its Trex Company position by 1,563,974 shares, worth $63.26 million, in the fourth quarter, as per a recent SEC filing. Trex stock prices were $42.65 on February 12, 2026, a 36.6% drop in the past year, underperforming the S&P 500’s 13% gain. Trex accounts for 0.75% of Wasatch Advisors’ assets.

Top holdings after the filing include NASDAQ: HQY at $603.68 million, NASDAQ: ENSG at $494.48 million, NYSE: RBC at $449.93 million, NASDAQ: NVMI at $439.43 million, and NYSE: FOUR at $426.87 million. Trex Company offers composite decking, railing, fencing, lighting, and outdoor living products, generating revenue through manufacturing and distribution channels in the US.

Trex reported third-quarter net sales of $285 million, up 22% year over year, with adjusted EBITDA at $90 million. Full-year revenue guidance was revised down to $1.15 billion to $1.16 billion due to softer repair and remodel trends. Trex stock fell over 36% in the past year, making it a more economically sensitive holding for Wasatch Advisors.

The Motley Fool Stock Advisor team did not include Trex in their list of 10 best stocks to buy now. Their total average return is 889%, outperforming the S&P 500’s 192%. Trex Company focuses on innovative, low-maintenance materials and diverse channel partnerships in the outdoor building materials market to maintain a competitive edge.

Read more at Yahoo Finance: Trex Stock Down 36% as Wasatch Sells Off $63 Million in Shares