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 dated Tuesday, April 23rd. The stock was sold at an average price of $21.12, for a total transaction of $38,712.96. Following the completion of 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 Securities & Exchange Commission, which is available through the SEC website.

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 transaction of $37,136.58.

AMREP Price Performance

NYSE:AXR opened at $20.77 on Friday. AMREP Co. has a 1-year low of $13.46 and a 1-year high of $24.36. The company has a 50-day moving average of $22.03 and a 200 day moving average of $20.19. The firm has a market cap of $109.46 million, a PE ratio of 38.46 and a beta of 0.99.

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

Institutional Trading of AMREP

Hedge funds have recently added to or reduced their stakes in the business. AJOVista LLC purchased a new stake in shares of AMREP during the fourth quarter valued at about $29,000. Victory Capital Management Inc. purchased a new stake in shares of AMREP during the fourth quarter valued at about $119,000. Acuitas Investments LLC lifted its position 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 purchased a new stake in shares of AMREP during the fourth quarter valued at about $2,529,000. Finally, Gate City Capital Management LLC purchased a new stake in shares of AMREP during the fourth quarter valued at about $9,505,000. 59.85% of the stock is owned by hedge funds and other institutional investors.

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.