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

AMREP Co. (NYSE:AXR) VP Adrienne Uleau sold 1,833 shares of AMREP stock in a transaction dated Thursday, April 25th. The shares were sold at an average price of $20.26, for a total transaction of $37,136.58. Following the completion of the sale, the vice president now owns 6,034 shares in the company, valued at $122,248.84. The sale was disclosed in a document filed with the SEC, which can be accessed through 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 NYSE:AXR opened at $20.40 on Friday. The company has a market cap of $107.51 million, a PE ratio of 37.78 and a beta of 0.99. The company’s 50-day moving average price is $22.04 and its 200 day moving average price is $20.15. AMREP Co. has a fifty-two week low of $13.46 and a fifty-two week high of $24.36.

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

Hedge Funds Weigh In On AMREP

Several large investors have recently bought and sold shares of AXR. AJOVista LLC acquired a new position in AMREP during the 4th quarter valued at about $29,000. Victory Capital Management Inc. acquired a new position in AMREP during the 4th quarter valued at about $119,000. Acuitas Investments LLC increased its stake in AMREP by 210.9% during the 4th 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 period. Cerity Partners LLC acquired a new position in AMREP during the 4th quarter valued at about $2,529,000. Finally, Gate City Capital Management LLC acquired a new position in AMREP during the 4th quarter valued at about $9,505,000. Institutional investors and hedge funds own 59.85% of the company’s stock.

About AMREP

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.