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AAT

Insiders Were Right: AAT Makes New 52-Week High

In trading on Thursday, shares of American Assets Trust Inc (Symbol: AAT) touched a new 52-week high of $45.38/share. That's a 43.20% rise, or $13.69 per share from the 52-week low of $31.69 set back on 03/23/2018. That means at today's intraday high, any investor who purchased AAT stock any time over the past 52 weeks has an unrealized gain, including company insiders.

Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, AAT has seen 2 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
11/12/2018 Ernest S. Rady Chairman, CEO & President 21,608 $39.22 $847,366.68
11/15/2018 Ernest S. Rady Chairman, CEO & President 33,967 $38.95 $1,322,992.06
11/23/2018 Ernest S. Rady Chairman, CEO & President 9,636 $39.75 $383,027.10
11/19/2018 Ernest S. Rady Chairman, CEO & President 19,627 $39.42 $773,664.93
11/28/2018 Ernest S. Rady Chairman, CEO & President 7,668 $39.65 $304,017.72
11/29/2018 Ernest S. Rady Chairman, CEO & President 388 $40.60 $15,752.80
12/04/2018 Duane Nelles Director 25,000 $41.74 $1,043,500.00
12/27/2018 Ernest S. Rady Chairman, CEO & President 4,326 $38.65 $167,190.87
12/31/2018 Ernest S. Rady Chairman, CEO & President 10,805 $39.84 $430,471.20
02/20/2019 Ernest S. Rady Chairman, CEO & President 450 $43.64 $19,638.00

The chart below shows where AAT has traded over the past year, with the 50-day and 200-day moving averages included.

American Assets Trust Inc Moving Averages Chart

In afternoon trading on Thursday, AAT shares are changing hands at $45.33/share, slightly below the new 52-week high.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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