AMREP Co. (NYSE:AXR) VP Adrienne Uleau Sells 1,833 Shares

AMREP Co. (NYSE:AXR) VP Adrienne Uleau sold 1,833 shares of the company’s stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $21.12, for a total value of $38,712.96. Following the sale, the vice president now directly owns 7,867 shares of the company’s stock, valued at $166,151.04. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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.

AMREP Price Performance

NYSE:AXR traded down $0.30 during trading hours on Thursday, reaching $20.40. 8,388 shares of the company traded hands, compared to its average volume of 7,226. The firm’s 50-day moving average is $22.06 and its 200-day moving average is $20.15. The stock has a market cap of $107.51 million, a P/E ratio of 38.33 and a beta of 0.99. AMREP Co. has a 1-year low of $13.46 and a 1-year high of $24.36.

AMREP (NYSE:AXR) last issued its earnings results on Friday, March 8th. The business services provider reported $0.02 earnings per share for the quarter. The business 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 Trading of AMREP

Several large investors have recently modified their holdings of the business. AJOVista LLC acquired a new position in AMREP in the fourth quarter worth about $29,000. Victory Capital Management Inc. acquired a new position in AMREP in the fourth quarter valued at approximately $119,000. Acuitas Investments LLC raised its holdings in shares of AMREP by 210.9% during the fourth quarter. Acuitas Investments LLC now owns 96,090 shares of the business services provider’s stock valued at $2,111,000 after buying an additional 65,184 shares during the last quarter. Cerity Partners LLC bought a new stake in shares of AMREP during the fourth quarter valued at approximately $2,529,000. Finally, Gate City Capital Management LLC bought a new stake in AMREP during the fourth quarter worth approximately $9,505,000. 59.85% of the stock is currently owned by institutional investors and hedge funds.

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.