Friday, August 11, 2017 10:15 PM ET
American Assets Trust (AAT) Insider Makes Significant Share purchase Extending the Buying Trend over Last Quarter
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 63,887 shares in the company having a market value of approximately $2,557,392. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 499,783 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 563,670 shares and have averaged 281,835 shares per transaction over this time period.
American Assets Trust level of buy-sell trading activity is close to the 30 member peer company average. The Retail REITs peer group saw 45 buy/sell trades during this period for an average of 1.5 transactions per company. However, the number of shares per buy/sell trade transacted by American Assets Trust insiders is higher. Within the peer group there were 2,038,379 shares purchased and 163,632 shares sold with company insiders purchasing 56,811 shares on average.
In determining significant insider buying and selling, 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 used to compose and write this story.
Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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