American Assets Trust, Inc. (AAT): Duane Nelles , director of American Assets Trust, Inc. purchased 7,000 shares on May 26, 2016. The Insider buying transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were purchased at $39.76 per share for a total value of $278,307.41 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 9, 2016, Jerry Gammieri (V. P. Construction and Devlp) sold 2,650 shares at $37.80 per share price.On Mar 7, 2016, Ernest S Rady (CEO) purchased 5,500 shares at $37.67 per share price.Also, On Jun 3, 2015, Duane Nelles (director) purchased 11,000 shares at $39.55 per share price.On Mar 11, 2015, Patrick Kinney (Senior VP of Real Estate Ops) sold 2,000 shares at $40.66 per share price.
Shares of American Assets Trust Inc (AAT) ended Wednesday, May 25, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -0.20% at $39.66 with 84,625 shares getting traded. Post opening the session at $39.68, the shares hit an intraday low of $39.08 and an intraday high of $39.76 and the price vacillated in this range throughout the day. The company has a market cap of $1,801 M and the number of outstanding shares has been calculated to be 4,54,05,906 shares. The 52-week high of American Assets Trust Inc is $43.79 and the 52-week low is $34.07.
Company has been under the radar of several Street Analysts.American Assets Trust Inc is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 49 from a previous price target of $48 .The Rating was issued on May 2, 2016.American Assets Trust Inc is Initiated by Mizuho to Buy and the brokerage firm has set the Price Target at $46. The Rating was issued on Apr 14, 2016.
American Assets Trust Inc. is a full service vertically integrated and self-administered real estate investment trust (REIT). The Company owns operates acquires and develops retail office multifamily and mixed-use properties in attractive high-barrier-to-entry markets in Southern California Northern California Oregon Washington Texas and Hawaii. The Company operates through four business segments: retail which includes the rental of retail space and other tenant services; office which includes the rental of office space and other tenant services; multifamily which includes the rental of apartments and other tenant services and mixed-use which includes the rental of retail space and other tenant services. The Companys core markets include San Diego the San Francisco Bay Area Portland Oregon Bellevue Washington and Oahu Hawaii.