Welcome to our dedicated page for AMREP SEC filings (Ticker: AXR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on AMREP's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time SEC filing updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into AMREP's regulatory disclosures and financial reporting.
AMREP Corporation reported sharply higher results for its fiscal third quarter ended January 31, 2026. Net income for the quarter rose to $3,147,000, or $0.58 per diluted share, compared to $717,000, or $0.13 per diluted share, a year earlier.
Third quarter revenues increased to $14,573,000 from $7,520,000, reflecting strong growth in its real estate and homebuilding operations. For the first nine months of 2026, net income was $9,039,000, or $1.68 per diluted share, compared with $8,823,000, or $1.64 per diluted share, on revenues of $41,823,000 versus $38,516,000 in 2025.
AMREP Corporation reported much stronger quarterly results, but with clear housing headwinds. For the three months ended January 31, 2026, revenue rose to $14.6 million from $7.5 million, driven mainly by higher land sale revenues and more home closings. Quarterly net income increased to $3.1 million versus $0.7 million, with diluted earnings per share improving to $0.58 from $0.13.
For the nine months, revenue grew to $41.8 million from $38.5 million, while net income edged up to $9.0 million from $8.8 million. Land sale gross margins were solid at 50% for the quarter and year‑to‑date. Cash, cash equivalents and restricted cash increased to about $50.5 million, and debt remained minimal at $21,000, reflecting a very conservative balance sheet and strong operating cash flow.
Management highlights significant industry challenges, including elevated construction and land costs, higher mortgage rates, and affordability pressures that are dampening demand. In response, the company has reduced and delayed some land development projects, offered sales incentives, and opportunistically leased completed homes. It also expects land sale revenue from developed residential land to decline in fiscal 2026 and 2027 compared to 2025, underscoring the importance of its growing homebuilding and rental activities.
AMREP CORP. insider James H. Dahl reported buying 3,200 common shares in an open-market transaction. The purchase occurred on March 3, 2026 at a weighted average price of $25.6939 per share, with individual trade prices ranging from $25.50 to $26.42 per share.
After this transaction, Dahl directly holds 470,398 common shares. The filing also shows 229,151 shares held in two IRA accounts and 94,120 shares held by Dahl Family Foundation, Inc., where Dahl and his family have no pecuniary interest. It further reports 173,750 shares held by Rainey E. Lancaster, who is identified as part of a group with Dahl for Section 13(d) purposes.
AMREP CORP. major shareholder James H. Dahl reported open-market purchases of a total of 7,000 common shares of AXR. He bought 5,000 shares on February 26, 2026 at a weighted average price of about $25.67 per share, and 876 and 1,124 shares on February 27, 2026 at weighted average prices of $25.65 and $26.23 per share, respectively. After these transactions, Dahl directly owned 467,198 common shares. The filing also lists additional indirect holdings in IRA accounts and a family foundation, plus shares held by Rainey E. Lancaster, who is reported as part of a group with Dahl under Section 13(d).
AMREP CORP. insider activity shows net share purchases. Ten percent owner James H. Dahl reported two open-market purchases of AMREP common shares on 2026-02-19 totaling 1,300 shares at weighted average prices of $26.1070 and $26.4860 per share.
After these trades, Dahl directly held 460,198 common shares. Separate holdings reported include 229,151 shares in IRA accounts and 94,120 shares held by Dahl Family Foundation, Inc., where neither Dahl nor his family has any pecuniary interest, plus 173,750 shares held by Rainey E. Lancaster, a group member with Dahl under Section 13(d).
AMREP CORP. large shareholder James H. Dahl reported open-market purchases of 10,842 common shares of AXR. The buys occurred on February 17–18, 2026 at weighted average prices in the mid‑$20 range, including transactions reported at $24.5280, $25.0390 and $25.7480 per share.
Following these purchases, one line of Dahl’s direct holdings reached 458,898 common shares. The filing also lists indirect holdings in IRA accounts and a trust, and notes shares held by Dahl Family Foundation, Inc., in which Dahl and his family have no pecuniary interest. In addition, the filing states that shares are held by Rainey E. Lancaster as part of a group with Dahl for Section 13(d) purposes.
AMREP Corporation’s major shareholders update their ownership. James H. Dahl and Rainey E. Lancaster filed Amendment No. 7 to their Schedule 13D for AMREP common stock.
Dahl may be deemed to beneficially own 945,077 shares, or 17.8% of AMREP’s 5,305,199 shares outstanding as of December 10, 2025. Lancaster may be deemed to beneficially own 173,750 shares, or 3.3% of the outstanding shares. Their aggregate purchases totaled approximately $12,858,100.45, funded by Dahl’s personal funds and related trusts and Lancaster’s personal funds.
The filing details recent open‑market buying by Dahl between December 16, 2025 and February 13, 2026, including multiple purchases on February 10–12, 2026 at weighted average prices ranging from about $21.12 to $24.32 per share. Dahl holds 771,327 shares with sole voting and dispositive power, while 173,750 shares held by Lancaster are subject to shared voting and dispositive power with the reporting persons.
AMREP CORP. insider activity: Group member and 10% owner James H. Dahl reported two open-market purchases of AMREP common shares on February 12, 2026. He bought 3,960 shares at a weighted average price of $23.6448 and 398 shares at a weighted average price of $24.3248, bringing his directly held position to 448,056 common shares.
Dahl is also reported as having indirect beneficial ownership of 229,151 common shares through IRA accounts and 94,120 common shares held by Dahl Family Foundation, Inc., where he and his family have no pecuniary interest. Co-reporting 10% owner Rainey E. Lancaster is shown with 173,750 common shares held directly as part of the same group.
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.
AMREP Corporation director reports no share ownership. Timothy S. McNaney, a director of AMREP Corp. (AXR), filed an initial insider ownership report as of 01/27/2026 stating that he beneficially owns no AMREP securities, either directly or indirectly.