Key Points
- Major shareholder James Dahl purchased 4,000 shares at an average price of $26.30 (≈$105,200), raising his direct holding to 474,398 shares — a 0.85% increase — according to an SEC filing.
- AMREP slightly beat expectations in the quarter with EPS $0.58 vs. $0.57 and revenue $14.57M vs. $14.03M, reporting a 24.4% net margin and 9.58% ROE.
- The stock opened at $25.59 (down ~5%), has a market cap of $135.86M and a P/E of 10.66, a 52-week range of $17.60–$29.00, institutional ownership around 59.85%, and a consensus rating of "Hold."
AMREP Corporation (NYSE:AXR - Get Free Report) major shareholder James Dahl bought 4,000 shares of the firm's stock in a transaction dated Thursday, March 26th. The shares were acquired at an average price of $26.30 per share, with a total value of $105,200.00. Following the purchase, the insider directly owned 474,398 shares of the company's stock, valued at approximately $12,476,667.40. This trade represents a 0.85% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
AMREP Stock Down 5.0%
Shares of AXR stock opened at $25.59 on Friday. The stock has a market capitalization of $135.86 million, a PE ratio of 10.66 and a beta of 1.41. AMREP Corporation has a 52-week low of $17.60 and a 52-week high of $29.00. The stock's 50-day moving average price is $24.24 and its 200 day moving average price is $22.78.
AMREP (NYSE:AXR - Get Free Report) last posted its quarterly earnings data on Thursday, March 12th. The business services provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. AMREP had a return on equity of 9.58% and a net margin of 24.40%.The firm had revenue of $14.57 million during the quarter, compared to the consensus estimate of $14.03 million.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of AMREP in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, AMREP presently has a consensus rating of "Hold".
Read Our Latest Stock Analysis on AXR
Institutional Trading of AMREP
Institutional investors have recently modified their holdings of the business. Robotti Robert grew its holdings in AMREP by 0.8% during the fourth quarter. Robotti Robert now owns 521,765 shares of the business services provider's stock worth $9,809,000 after acquiring an additional 4,327 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of AMREP by 0.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 195,226 shares of the business services provider's stock worth $3,670,000 after purchasing an additional 527 shares in the last quarter. Cerity Partners LLC grew its stake in shares of AMREP by 0.4% during the 4th quarter. Cerity Partners LLC now owns 169,022 shares of the business services provider's stock worth $3,178,000 after purchasing an additional 665 shares during the period. Truffle Hound Capital LLC grew its stake in shares of AMREP by 31.0% during the 3rd quarter. Truffle Hound Capital LLC now owns 150,000 shares of the business services provider's stock worth $3,588,000 after purchasing an additional 35,476 shares during the period. Finally, Gate City Capital Management LLC increased its holdings in shares of AMREP by 271.0% in the 2nd quarter. Gate City Capital Management LLC now owns 103,583 shares of the business services provider's stock valued at $2,168,000 after purchasing an additional 75,661 shares in the last quarter. 59.85% of the stock is currently owned by hedge funds and other institutional investors.
AMREP Company Profile
(
Get Free Report)
AMREP Corporation (NYSE: AXR) is a Denver-area based company specializing in land development and natural resource management. Since its founding in 1961, AMREP has built a diversified platform that spans real estate operations and resource extraction, serving both individual and institutional clients in the western United States.
Through its real estate segment, AMREP Southwest Inc acquires, develops and markets residential lots in planned communities across New Mexico and Colorado. Notable projects include the Tanoan Country Club and adjacent residential neighborhoods near Albuquerque, where the company employs a direct-to-consumer marketing model to reach out-of-state and local buyers.
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