10% owner James H Dahl buys 4,000 shares (4.0K) at blended avg $26.16 amid -7.6% 30-day decline
James H Dahl, a 10% owner at AMREP CORP., executed 2 separate purchases totaling 4,000 shares for $104,646.00 on 2026-05-29, increasing his holdings to 497,133 shares (+0.8% vs pre-transaction). The purchases occurred at $25.67 and $27.63 per share, while the current price sits at $25.02, which is -13.8% from the 52-week high and down -7.6% over the preceding 30 days. At his same ticker (AXR), Dahl's prior 5 trades show mixed outcomes: 2 of 5 were well-timed at the 90-day mark, with recent May purchases achieving +10.3% and +9.3% respective 90-day returns, while April purchases saw declines of -3.0%, -2.6%, and -0.8%. The company's fundamentals remain modest: quarterly revenue of $14,573,000.00, net income of $3,147,000.00, and a P/E of 10.21, with annual revenue declining -3.3% year-over-year. The transaction represents a moderate accumulation by an insider with a split record at this ticker—neither signaling strong conviction nor consistent mispositioning, but rather selective buying into recent weakness.