Insider Selling: AMREP Co. (NYSE:AXR) VP Sells 1,833 Shares of Stock

AMREP Co. (NYSE:AXR) VP Adrienne Uleau sold 1,833 shares of the business’s stock in a transaction on Thursday, April 25th. The stock was sold at an average price of $20.26, for a total transaction of $37,136.58. Following the transaction, the vice president now owns 6,034 shares in the company, valued at $122,248.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Adrienne Uleau also recently made the following trade(s):

• On Tuesday, April 23rd, Adrienne Uleau sold 1,833 shares of AMREP stock. The shares were sold at an average price of $21.12, for a total transaction of $38,712.96.

AMREP Stock Down 1.4 %

Shares of AXR stock traded down $0.30 on Thursday, reaching $20.40. The stock had a trading volume of 8,388 shares, compared to its average volume of 7,226. AMREP Co. has a 12 month low of $13.46 and a 12 month high of $24.36. The firm has a market capitalization of $107.51 million, a price-to-earnings ratio of 37.78 and a beta of 0.99. The firm’s 50-day moving average is $22.06 and its two-hundred day moving average is $20.15.

AMREP (NYSE:AXR) last released its quarterly earnings data on Friday, March 8th. The business services provider reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $12.69 million for the quarter. AMREP had a return on equity of 2.54% and a net margin of 6.43%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cerity Partners LLC acquired a new stake in AMREP during the fourth quarter worth approximately $2,529,000. Acuitas Investments LLC boosted its stake in AMREP by 210.9% in the 4th quarter. Acuitas Investments LLC now owns 96,090 shares of the business services provider’s stock valued at $2,111,000 after purchasing an additional 65,184 shares during the period. Victory Capital Management Inc. acquired a new position in AMREP in the 4th quarter valued at $119,000. AJOVista LLC acquired a new stake in shares of AMREP during the fourth quarter worth $29,000. Finally, Gate City Capital Management LLC bought a new stake in shares of AMREP in the fourth quarter valued at about $9,505,000. Institutional investors and hedge funds own 59.85% of the company’s stock.

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.