American Assets Trust, Inc. (AAT): Ernest S Rady , CEO of American Assets Trust, Inc. purchased 65,000 shares on Sep 9, 2016. The Insider buying transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $43.05 per share for a total value of $2,798,750.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Duane Nelles (director) purchased 7,000 shares at $39.76 per share price.On Mar 9, 2016, Jerry Gammieri (V. P. Construction and Devlp) sold 2,650 shares at $37.80 per share price.Also, On Mar 7, 2016, Ernest S Rady (CEO) purchased 5,500 shares at $37.67 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.
American Assets Trust Inc: On Monday, Sep 12, 2016 heightened volatility was witnessed in American Assets Trust Inc which led to swings in the share price. The shares opened for trading at $42.71 and hit $43.34 on the upside , eventually ending the session at $43.17, with a gain of 0.70% or 0.3 points. The heightened volatility saw the trading volume jump to 284,697 shares. The 52-week high of the share price is $46.38 and the company has a market cap of $1,960 M . The 52-week low of the share price is at $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 $ 53 from a previous price target of $49 .The Rating was issued on Aug 1, 2016.American Assets Trust Inc is Downgraded by Mizuho to Neutral and the brokerage firm has set the Price Target at $46. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jul 18, 2016.American Assets Trust Inc is Resumed by BofA/Merrill to Buy. The Rating was issued on Jul 7, 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.