AMREP Co. (NYSE:AXR) VP Adrienne Uleau Sells 1,700 Shares

AMREP Co. (NYSE:AXR) VP Adrienne Uleau sold 1,700 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $20.79, for a total value of $35,343.00. Following the sale, the vice president now directly owns 4,334 shares in the company, valued at approximately $90,103.86. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Thursday, April 25th, Adrienne Uleau sold 1,833 shares of AMREP stock. The stock was sold at an average price of $20.26, for a total value of $37,136.58.
• On Tuesday, April 23rd, Adrienne Uleau sold 1,833 shares of AMREP stock. The stock was sold at an average price of $21.12, for a total value of $38,712.96.

AMREP Stock Performance

AXR stock opened at $20.60 on Tuesday. AMREP Co. has a 1 year low of $13.46 and a 1 year high of $24.36. The stock’s 50 day moving average price is $22.03 and its 200 day moving average price is $20.25. The firm has a market cap of $108.56 million, a P/E ratio of 38.15 and a beta of 0.99.

AMREP (NYSE:AXR) last posted its earnings results on Friday, March 8th. The business services provider reported $0.02 earnings per share (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 Investors Weigh In On AMREP

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