American Assets Trust executive chairman Rady buys $1.82m in shares By Investing.com

Ernest S. Rady, Executive Chairman, Director, and a 10% owner of American Assets Trust, Inc. (), recently acquired common stock in the company totaling approximately $1.82 million. The transactions occurred over two days in late August. The purchases come as the stock has delivered a 24% return year-to-date and currently trades below its InvestingPro Fair Value, suggesting potential upside.

On August 24, 2026, Mr. Rady purchased 29,729 shares of American Assets Trust common stock at a price of $22.74 per share. Two days later, on August 26, 2026, he acquired an additional 50,000 shares at $22.89 per share. In total, Mr. Rady bought 79,729 shares of the company’s common stock, with prices ranging from $22.74 to $22.89.

Following these transactions, Mr. Rady’s reported beneficial ownership includes shares held indirectly through various entities. These include 8,995,846 shares held by the Ernest Rady Trust U/D/T March 10, 1983, 2,267,022 shares by American Assets, Inc., 1,275,336 shares by Insurance Company of the West, 1,209,021 shares by Rady Foundation, 200,000 shares by Explorer Insurance Company, and 107,859 shares by the Evelyn Shirley Rady Trust U/D/T March 10, 1983. Mr. Rady disclaims beneficial ownership of these shares except to the extent of his pecuniary interest. He also holds 66,680 shares directly through his Ernest Rady IRA. The REIT currently offers a dividend yield of 6% and has maintained dividend payments for 16 consecutive years, according to InvestingPro, which tracks 10+ additional key metrics for AAT.

In other recent news, American Assets Trust reported its earnings for the second quarter of 2026, revealing earnings of $0.09 per diluted share. This figure fell short of Wall Street’s estimate of $0.12 per share. The company’s revenue also slightly missed expectations, coming in at $109.48 million compared to the forecasted $110.64 million. Despite the earnings miss, American Assets Trust maintained steady leasing progress and a solid balance sheet, and it reaffirmed its full-year guidance. These developments are part of the company’s ongoing performance updates. The earnings and revenue results are significant for investors tracking the company’s financial health. Analyst reactions to these results may influence future investor sentiment.

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  • Ramit Sethi

    Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.

Ramit Sethi

Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.