American Assets Trust executive chairman Rady acquires $3.4m in shares
American Assets Trust (AAT) Executive Chairman and 10% owner Ernest S. Rady bolstered his stake in the company by purchasing $3.4 million worth of shares in August 2026. The transactions occurred on August 13 and 14, with Rady buying 100,000 shares at $22.86 each on the 13th and an additional 50,000 shares at $22.79 on the 14th.
The stock was trading at $22.77 at the time of the purchases. Despite a 27% increase in AAT stock over the past six months, investment analysts consider the shares undervalued, with a Fair Value of $25.93. Rady's indirect holdings include 8,802,531 shares held by the Ernest Rady Trust and 2,267,022 shares by American Assets, Inc. Additionally, he owns 1,275,336 shares via Insurance Company of the West and 1,209,021 shares through Rady Foundation, all of which are under his control.
Rady also holds 200,000 shares through Explorer Insurance Company, as well as 107,859 shares directly in his Ernest Rady IRA. He is listed as Executive Chairman, Director, and 10% Owner at AAT. The company, which offers a 6% dividend yield, reported a quarterly earnings miss in its second quarter of 2026, reporting $0.09 per diluted share compared to the expected $0.12.
Revenue was also slightly lower than forecasted at $109.48 million. However, AAT maintained its full-year guidance, suggesting confidence in its operations. Investors are closely monitoring these developments as the company reaffirms its outlook.
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