The Executive Chairman's aggressive accumulation at declining prices ($23.04 down to $22.45) signals strong conviction that the stock is undervalued. With 0% analyst bullishness and heavy insider buying, this creates a contrarian setup. Monitor for any catalyst (earnings, asset sale, or strategic update) that could unlock value.
Price Chart
Executive Summary
Executive Chairman Ernest S. Rady made a series of four open-market purchases of AAT stock totaling $5.16M between August 5-11, 2026, at prices ranging from $22.45 to $23.04. This is a significant insider buying cluster by the company's top executive, representing approximately 0.37% of AAT's $1.4B market cap.
Key Financial Metrics
Key Facts
- Executive Chairman Ernest S. Rady purchased a total of 228,963 shares across four open-market transactions from August 5-11, 2026
- Total purchase value: $5,160,956.01
- Purchase prices ranged from $22.45 to $23.04 per share, with the largest purchases at the lowest prices
- The $5.16M total represents approximately 0.37% of AAT's $1.4B market cap
- This is the only insider buying in the cluster — all four trades are by the same executive
Financial Impact
$5.16M in insider purchases by Executive Chairman, representing 0.37% of market cap
Risk Factors
- Analyst consensus is overwhelmingly bearish with 6 sell/strong-sell ratings and 0 buy ratings
- REIT sector headwinds from interest rate sensitivity could persist
- Single-executive buying, while significant, lacks the diversification of a multi-insider cluster
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001221359-26-000037 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 8-K | $21.42 | awaiting T+5 | — | $21.22 (−0.93%) |
Oct 27, 2026 today | Press Release | $21.42 | awaiting T+5 | — | $21.22 (−0.93%) |
Sep 30, 2026 27d ago | Press Release | $21.39 $21.61 | ▲ +1.03% | ▼ −0.27% | $21.22 (−0.79%) |
Sep 16, 2026 5w ago | Insider Buy | $22.13 $21.49 | ▼ −2.89% | ▼ −3.49% | $21.22 (−4.11%) |
Sep 2, 2026 7w ago | Insider Buy | $22.16 $21.50 | ▼ −2.98% | ▼ −1.83% | $21.22 (−4.24%) |
Aug 28, 2026 8w ago | Insider Buy | $22.46 $21.83 | ▼ −2.81% | ▼ −2.66% | $21.22 (−5.52%) |
Aug 26, 2026 8w ago | Insider Buy | $22.50 $22.16 | ▼ −1.51% | ▼ −1.78% | $21.22 (−5.69%) |
Aug 21, 2026 9w ago | Insider Buy | $23.00 $22.46 | ▼ −2.35% | ▼ −2.82% | $21.22 (−7.74%) |
Aug 19, 2026 9w ago | Insider Buy | $22.83 $22.50 | ▼ −1.45% | ▼ −2.56% | $21.22 (−7.05%) |
Aug 14, 2026 10w ago | Insider Buy | $22.65 $23.00 | ▲ +1.55% | ▲ +2.74% | $21.22 (−6.31%) |
US Market Status
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