James H. Dahl, a 10% owner of AMREP CORP. (NASDAQ:AXR), purchased 1,156 common shares on May 13, 2026, per an SEC filing. The transaction totaled around $28,580.
The shares were acquired at a weighted average price of $24.724 each, with prices ranging from $24.65 to $24.75. After the purchase, Dahl directly holds 488,133 shares.
The stock trades at $25.19 with a P/E ratio of 10.23. Bond.az analysis suggests the stock is undervalued relative to fair value. The company holds a "GREAT" financial health score and has more cash than debt.
Dahl also indirectly holds 229,151 shares through two IRA accounts (204,151 in a ROTH Conversion Account and 25,000 in an IRA). Additionally, 94,120 shares are held by the Dahl Family Foundation, in which Dahl has no pecuniary interest.
Another 10% owner, Rainey E. Lancaster, directly holds 173,750 shares.
Freedom Broker downgraded AMREP from Buy to Hold but raised the price target from $23 to $30. Analyst Zhiger Kurmet cited strong quarterly performance.
