Major AMREP Shareholder Buys Additional Shares

Insider purchase represents 0.43% increase in ownership stake

Apr. 2, 2026 at 11:03pm

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AMREP Corporation (NYSE:AXR) major shareholder James Dahl purchased 2,060 additional shares of the company's stock on March 31st, representing a 0.43% increase in his ownership position. Dahl acquired the shares at an average price of $27.92 per share, for a total transaction value of $57,515.20. Following the purchase, Dahl now directly owns 476,458 shares of AMREP, valued at $13,302,707.36.

Why it matters

Insider buying activity can be a positive signal for investors, as it suggests the major shareholder believes the company's stock is undervalued and has future upside potential. AMREP's real estate and natural resource management businesses have seen steady performance, reflected in the stock's 52-week trading range of $17.60 to $29.00.

The details

The transaction was disclosed in a filing with the Securities and Exchange Commission. Major shareholders who own more than 10% of a company's stock are required to report their purchases and sales to the SEC. Dahl's latest purchase brings his total direct ownership in AMREP to over 476,000 shares, or approximately 23% of the company's outstanding stock.

  • The share purchase occurred on Tuesday, March 31st, 2026.

The players

James Dahl

A major shareholder of AMREP Corporation who directly owns approximately 23% of the company's outstanding stock.

AMREP Corporation

A Denver-area based company specializing in land development and natural resource management, operating in the western United States.

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What’s next

Investors will likely continue to monitor AMREP's stock performance and any further insider buying or selling activity as an indicator of the company's future prospects.

The takeaway

Insider purchases by major shareholders can signal confidence in a company's long-term growth potential. AMREP's diversified real estate and resource management businesses appear to be resonating with this key investor, who has now increased his stake in the company.