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AAT Showing Recent Insider Activity

Recent activity shows that American Assets, AAT the Insider Confidence level is trending Up due to Corporate Insiders of AAT Bought $3.8M worth of shares in the last 3 months.  

Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
 
"Insider Buying" is not a crime when the buying is based on public information. 
 
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell.  That's why people pay attention to insider buying.

Here is a list of the latest insider activity for AAT:
  • Ernest Rady - Chairman & CEO,Director,>10% Owner, Bought $502,318 worth of shares on 1 week ago
  • Ernest Rady - Chairman & CEO,Director,>10% Owner, Bought $778,636 worth of shares on 5 days ago
  • Ernest Rady - Chairman & CEO,Director,>10% Owner, Bought $410,719 worth of shares on 2 weeks ago
  • Ernest Rady - Chairman & CEO,Director,>10% Owner, Bought $378,500 worth of shares on 2 weeks ago
TipRanks.com reports that American Assets currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $40.50 . The target pricing ranges from a high forecast of $44.00 down to a low forecast of $37.00. American Assets (AAT)’s last closing price was 36.51 which would put the average price target at 40.50 upside.

In addition, TradingView issued a Sell rating for AAT over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bullish short-term outlook

American Assets, AAT
Summary: American Assets, Inc. is a real estate investment trust, or REIT, that owns, operates, acquires and develops retail and office properties primarily in Southern California, Northern California and Hawaii. The trusts assets include retail properties, office properties, Waikiki Beach Walk property and multifamily properties. American Assets, Inc. is based in San Diego, California.
  • Last Price: 36.51
  • Price Change: 0.5, 1.39%
  • Yearly Gain: 26.65%
  • Market Cap: 2.21B
  • P/E Ratio: 93.3
Remember, securities are volatile, so please do your own research on AAT. If you are interest in stocks like AAT or stocks in the Financial sector, please click here.

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This information was sourced from various 3rd party public sources but to get the best insight into insider activity related to AAT, you should consider joining TipRanks.com.

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