Insider Trends: Insider Buying Continued with Purchase of American Assets Trust Stock
04:50 PM EDT, 05/07/2021 (MT Newswires) -- Ernest S Rady, 10% Owner, Director and Chairman, CEO & President, purchased 30,872 shares in American Assets Trust (AAT) for $1,077,429 on May 06, 2021. Rady has control over 10,519,465 company shares of which 253,374 shares are controlled directly and 10,266,091 shares indirectly after the transactions defined in the SEC Form 4 filing. These holdings have an approximate market value of $367 million as of the prior-day closing price.
There have been 3 insider transactions in the 90-day period prior to the date of this filing from the activity of one insider all of which have been purchases and resulted in the acquisition of 77,147 company shares. Relative to the preceding 90-day window of time, there were 11 transactions from 4 insiders and resulted in the net acquisition of 329,508 shares.
This is a lower level of transactions than the peer group average in the 49-company Commercial REITs peer group over the last 90-day period. Within the peer group activity averaged 103.6 transactions per company, and disposition of 71,991 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1500217/000150021721000042/xslF345X03/wf-form4_162042041010567.xml
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