Insider Trading Alert: American Assets Trust, Inc. $AAT

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American Assets Trust, Inc. (NYSE:AAT) insider have most recently took part in a trading activity. On Dec 1, 2017 Rady Ernest S, Chairman, CEO & President, 10% Owner bought 11,271 shares having total worth of $442,049 at the price of $39.22 per share, following the transaction a total of 7,744,207 shares owned by Rady Ernest S. Before this latest buy, Rady Ernest S purchased AAT at 34 other times during the past twelve months, for a total investment of $444.65M at an average of $40.55 per share.

The stock has experienced a total of 8 insider trades in the past three months. These trades include 8 buy trades. Furthermore, over the past 12 months , the stock was traded 35 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 34 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 8 0 -0.45%
12 Month 34 1 -1.04%

Shares of American Assets Trust, Inc. (NYSE:AAT) traded down 0.96% on Nov 30, 2017, hitting $39.36. 338,795 shares of the company’s stock traded hands. American Assets Trust, Inc. has a 52 week low of $37.24 and a 52 week high of $44.53. The company’s market cap is $1,990 million.

American Assets Trust, Inc. (NYSE:AAT) last announced its earnings results on Oct 31, 2017. The company reported 0.52 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.16 by $0.36. The company had revenue of $82 million for the quarter, compared to the consensus estimate of $82 million. During the same quarter in the previous year, the company posted 0.47 earnings per share. The company’s revenue for the quarter was up 8% on a year-over-year basis.

2017-10-31 2017-08-01 2017-05-02 2017-02-14 2016-11-01 2016-07-26 2016-04-26 2016-02-16 2015-11-03 2015-07-28
earnings per share 0.52 0.49 0.44 0.48 0.47 0.45 0.45 0.45 0.44 0.44
Revenue(M) 82.34 77.11 73.79 76.56 75.98 71.82 70.73 71.53 71.29 66.77

American Assets Trust Inc was formed as a Maryland corporation in July 2010. The Company is a full service, vertically integrated and self-administered real estate investment trust, or REIT, that owns, operates, acquires and develops high quality retail and office properties in Southern California, Northern California and Hawaii. Its portfolio will be comprised of ten retail shopping centers; six office properties (including one owned pursuant to a joint venture); a mixed-use property consisting of a 369-room all-suite hotel and a retail shopping center; and four multifamily properties. Its predecessor had three operating segments: retail, office and multifamily. Its mixed-use segment will be comprised of approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel. The Company’s strategy is to capitalize on acquisition oppportunities in high-barrier-to-entry markets, reposition/redevelopment and development of office and retail properties, proactive asset and property management, disciplined capital recycling strategy.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.