Victory Capital Management Inc. Takes $119,000 Position in AMREP Co. (NYSE:AXR)

Victory Capital Management Inc. acquired a new stake in AMREP Co. (NYSE:AXRFree Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,397 shares of the business services provider’s stock, valued at approximately $119,000. Victory Capital Management Inc. owned approximately 0.10% of AMREP at the end of the most recent quarter.

Separately, Cerity Partners LLC acquired a new stake in shares of AMREP in the 4th quarter valued at $2,529,000. 59.85% of the stock is currently owned by institutional investors and hedge funds.

AMREP Price Performance

Shares of NYSE:AXR opened at $19.66 on Wednesday. The company’s fifty day moving average price is $21.25 and its 200 day moving average price is $20.84. AMREP Co. has a 12 month low of $14.21 and a 12 month high of $24.36. The firm has a market capitalization of $103.61 million, a P/E ratio of 36.41 and a beta of 1.04.

AMREP (NYSE:AXRGet Free Report) last announced its quarterly earnings results on Friday, March 8th. The business services provider reported $0.02 EPS for the quarter. AMREP had a net margin of 6.43% and a return on equity of 2.54%. The firm had revenue of $12.69 million for the quarter.

Insider Buying and Selling

In related news, VP Adrienne Uleau sold 1,833 shares of AMREP stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $21.12, for a total transaction of $38,712.96. Following the sale, the vice president now directly owns 7,867 shares in the company, valued at approximately $166,151.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other AMREP news, VP Adrienne Uleau sold 1,833 shares of AMREP stock in a transaction 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 transaction, the vice president now directly owns 7,867 shares in the company, valued at $166,151.04. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder James H. Dahl acquired 2,800 shares of the company’s stock in a transaction on Monday, March 25th. The stock was acquired at an average price of $20.54 per share, for a total transaction of $57,512.00. Following the completion of the purchase, the insider now owns 346,365 shares of the company’s stock, valued at approximately $7,114,337.10. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 46,842 shares of company stock worth $1,007,428 and have sold 5,366 shares worth $111,193. 37.00% of the stock is owned by company insiders.

AMREP Profile

(Free Report)

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.

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Institutional Ownership by Quarter for AMREP (NYSE:AXR)

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