Radio
Now Playing
Quickyla Radio โ€” Click to play
Open โ†’
3 min left
Back to News

Is American Assets Trust a Buy After the Executive Chairman Purchased 10,000 Shares?

Written by Robert Izquierdo for The Motley Fool -> Executive Chairman Ernest Rady acquired 10,000 shares at $23.40 per share, representing a transaction value of ~$234,000 as of June 1, 2026. All shares in this transaction are attributed to indirect ownership; the majority of R

Is American Assets Trust a Buy After the Executive Chairman Purchased 10,000 Shares?
Nasdaq News โ€” 6 June 2026
Text:
7 0 0

Executive Chairman Ernest Rady acquired 10,000 shares at $23.40 per share, representing a transaction value of ~$234,000 as of June 1, 2026.

All shares in this transaction are attributed to indirect ownership; the majority of Rady's position is held indirectly through entities such as the Ernest Rady Trust and Rady Foundation.

Rady retains 13,509,443 shares (direct and indirect) in Common Stock, highlighting a continued substantial position following a series of purchases over the past year.

Ernest S. Rady, Executive Chairman of American Assets Trust (NYSE:AAT) , reported the open-market purchase of 10,000 shares for a total consideration of ~$234,000 on June 1, 2026, according to the SEC Form 4 filing .

Transaction value based on SEC Form 4 reported price ($23.40); post-transaction value based on June 1, 2026 adjusted market close ($23.08).

American Assets Trust, Inc. is a diversified real estate investment trust with a focus on premier office, retail, and residential assets in select U.S. markets. The company leverages over five decades of market experience and local expertise to operate in regions characterized by strong demand and limited supply.

The June 1 purchase of American Assets Trust stock by Executive Chairman Ernest Rady suggests he has a bullish outlook towards the REIT. After all, he already held millions of shares before this transaction, so adding to his position was a noteworthy event.

Radyโ€™s buy helped to propel American Assets Trustโ€™s share price to a 52-week high of $24.11 on June 5. The company reported funds from operations (FFO) per diluted share of $0.51 in the first quarter, compared to $0.52 in the prior year.

Advertisement
React:
Sources
Sponsored

More to Read

Sam Altman says OpenAI's top token spender uses 100 billionโ€ฆ
๐Ÿ“ˆ Markets & Finance
Sam Altman says OpenAI's top token spender uses 100 billion tokens a month โ€” and they're โ€ฆ
Business Insider Mkt ยท 10 days ago
Intel, AMD, Micron shares sink as Broadcom results spark seโ€ฆ
๐Ÿ“ˆ Markets & Finance
Intel, AMD, Micron shares sink as Broadcom results spark semiconductor sector sell-off
Yahoo Finance ยท 9 days ago
This Smartโ€‘Money Legend Won Big on Intel. The Rest of His Pโ€ฆ
๐Ÿ“ˆ Markets & Finance
This Smartโ€‘Money Legend Won Big on Intel. The Rest of His Portfolio Might Be Even More Reโ€ฆ
Yahoo Finance ยท 12 days ago
'Astonishing': James Webb telescope spots the most chemicalโ€ฆ
๐Ÿ”ฌ Science
'Astonishing': James Webb telescope spots the most chemically primitive galaxy in the ancโ€ฆ
Live Science ยท 13 days ago
CBS News insiders worry how 60 Minutes will endure after fiโ€ฆ
๐Ÿ’ฐ Business
CBS News insiders worry how 60 Minutes will endure after firings: โ€˜What are they going toโ€ฆ
Guardian Business ยท 9 days ago
Donโ€™t underestimate young athletes โ€” the NAACP boycott planโ€ฆ
โšฝ Sports
Donโ€™t underestimate young athletes โ€” the NAACP boycott plan could actually work
Yahoo Sports ยท 12 days ago
Full view