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Amrep 10% owners James Dahl, Rainey Lancaster buy $69,051 in shares
James H. Dahl and Rainey E. Lancaster, 10% owners of AMREP CORP. (NYSE:AXR), recently acquired common shares worth $69,051 through transactions on April 17 and April 20, 2026. This insider buying occurs as AXR shares are trading near a 52-week high with a 45% year-to-date return. Meanwhile, Freedom Broker recently downgraded AMREP’s stock from Buy to Hold but raised its price target from $23.00 to $30.00, citing strong quarterly performance.