AMREP Corp (NYSE: AXR) 10% owners report new common share purchases
Rhea-AI Filing Summary
AMREP CORP. (AXR) 10% owner James H. Dahl reported a series of open-market purchases of common shares. On February 10–11, 2026, he bought 9,124 shares in multiple trades at weighted average prices ranging from about $21.12 to $23.95 per share.
After these transactions, Dahl directly owns 443,698 common shares, with an additional 229,151 shares held in IRA accounts and 94,120 shares held by Dahl Family Foundation, Inc., where he and his family have no pecuniary interest. A further 173,750 shares are held by group member Rainey E. Lancaster.
Positive
- None.
Negative
- None.
Insights
AXR’s 10% owner increased his direct stake through open-market purchases.
AMREP CORP. 10% owner James H. Dahl executed several open-market purchases of common shares on February 10–11, 2026. Individual trades ranged from 3,636 shares at $21.1223 to 697 shares at $23.9478, in each case reported as weighted average prices across multiple executions.
Following these buys, Dahl’s direct holdings rose to 443,698 common shares, with additional indirect ownership of 229,151 shares in IRA accounts and 94,120 shares held by Dahl Family Foundation, Inc. Another 173,750 shares are reported as held by Rainey E. Lancaster, described as part of a group with Dahl under Section 13(d).
These transactions signal increased exposure by a large shareholder via open-market purchases, but the filing does not provide information on the company’s operations or valuation. Future company filings will be needed to understand how this insider ownership structure interacts with broader corporate and financial developments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 2,303 | $23.343 | $54K |
| Purchase | Common Shares | 697 | $23.9478 | $17K |
| Purchase | Common Shares | 3,636 | $21.1223 | $77K |
| Purchase | Common Shares | 2,488 | $22.2916 | $55K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.68 to $21.65 per share. The shares are held by James H. Dahl. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.685 to $22.59 per share. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.83 to $23.76 per share. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $23.84 to $24.00 per share. The shares are held in two IRA accounts as follows: 204,151 shares held by the ROTH Conversion Account and 25,000 shares held by the IRA Account. The shares are held by Dahl Family Foundation, Inc. Neither James H. Dahl nor any member of his family have any pecuniary interest in shares held by Dahl Family Foundation, Inc. The shares are held by Rainey E. Lancaster who is a member of a group with James H. Dahl for purposes of Section 13(d) of the Exchange Act.
