AMREP Co. (NYSE:AXR – Get Free Report) major shareholder James H. Dahl purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The shares were purchased at an average cost of $20.95 per share, for a total transaction of $209,500.00. Following the completion of the transaction, the insider now owns 376,207 shares in the company, valued at approximately $7,881,536.65. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
AMREP Price Performance
Shares of NYSE AXR opened at $20.54 on Wednesday. The business’s fifty day moving average price is $21.96 and its two-hundred day moving average price is $20.42. AMREP Co. has a 1-year low of $13.46 and a 1-year high of $24.36. The firm has a market capitalization of $108.25 million, a PE ratio of 38.04 and a beta of 1.04.
AMREP (NYSE:AXR – Get Free Report) last announced its earnings results on Friday, March 8th. The business services provider reported $0.02 EPS for the quarter. AMREP had a return on equity of 2.54% and a net margin of 6.43%. The firm had revenue of $12.69 million for the quarter.
Institutional Trading of AMREP
AMREP Company Profile
AMREP Corporation, through its subsidiaries, primarily engages in the real estate business. The company operates through two segments, Land Development and Homebuilding. It sells developed and undeveloped lots to homebuilders, commercial and industrial property developers, and others. In addition, the company owns mineral interests covering an area of approximately 55,000 surface acres of land in Sandoval County, New Mexico; and owns oil, gas, and minerals and mineral interests covering an area of approximately 147 surface acres of land in Brighton, Colorado.
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