AMREP Major Shareholder Dahl Buys 4,000 Shares

Insider purchase represents 0.85% increase in stake

Mar. 29, 2026 at 8:19am

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AMREP Corporation (NYSE:AXR) major shareholder James Dahl acquired 4,000 shares of the company's stock in a transaction on March 26th. The shares were purchased at an average price of $26.30, for a total value of $105,200. Following the purchase, Dahl now directly owns 474,398 shares of the company, valued at approximately $12.48 million.

Why it matters

Insider buying activity can be a signal of management's confidence in a company's future prospects. Dahl's purchase, representing a 0.85% increase in his stake, suggests he believes AMREP shares are undervalued and have room to appreciate.

The details

The transaction was disclosed in a filing with the SEC. Major shareholders who own at least 10% of a company's stock are required to report their trades. AMREP's stock price opened at $25.59 on Friday, down 5.0% from the previous close.

  • The transaction occurred on Thursday, March 26th.
  • Dahl's purchase increased his direct ownership to 474,398 shares.

The players

James Dahl

A major shareholder of AMREP Corporation who owns over 10% of the company's stock.

AMREP Corporation

A Denver-area based company specializing in land development and natural resource management, operating through its real estate and resource extraction segments.

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The takeaway

Dahl's insider purchase signals his confidence in AMREP's future prospects and suggests the stock may be undervalued. Investors will likely watch for any additional buying activity from major shareholders as an indicator of the company's outlook.