McNaney Timothy S

Director Timothy S McNaney buys 1,765 shares of AXR at $28.17; stock at $27.98 current price

Director Timothy S McNaney purchased 1,765 shares at $28.17 on 2026-04-21, establishing a new position in AMREP CORP. (AXR) totaling $49,720.05. The purchase price sits near the 52-week high of $28.39, with the stock currently trading at $27.98, down 1.4% from its peak. The underlying company shows modest fundamentals—$14.6M quarterly revenue with $3.1M net income and an 11.42 P/E ratio—though annual revenue growth is negative at -3.3%. The timing of this entry into a director role coinciding with share purchase merits monitoring to understand whether it reflects engagement with turnaround execution or routine onboarding equity positioning.