American Assets Trust (AAT) Insider Makes Significant Share purchase Extending the Buying Trend over Last Quarter
10:20 PM EDT, 05/10/2021 (MT Newswires) -- There was noteworthy buying activity in American Assets Trust shares by an insider today, as disclosed in a form 4 document filed with the SEC. One insider -- Ernest S Rady, 10% Owner, Director and Officer -- acquired 30,872 shares in the company having a market value of approximately $1,077,429. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 77,147 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 108,019 shares and have averaged 54,010 shares per transaction over this time period.
The number of insider buy/sell trades at American Assets Trust is above the 49 peer company average over the last 90-day period. The Commercial REITs peer group saw 50 buy/sell trades during this period for an average of 1.0 transactions per company. The number of shares per buy/sell trade for American Assets Trust insiders was also higher. Within the peer group there were 580,732 shares purchased and 1,085,885 shares sold with company insiders disposing of 10,103 shares on average.
For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data obtained to evaluate and write this story.
This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.