The Executive Chairman's concentrated buying at $22.45-$22.86 signals confidence in AAT's valuation. With 0% analyst bullishness and heavy insider accumulation, watch for a potential catalyst (earnings, asset sale, or strategic update) that could narrow the gap between insider conviction and Street sentiment. The cross-filing cluster amplifies this signal — the chairman alone has now deployed $10.4M in 7 days.
Price Chart
Executive Summary
Executive Chairman Ernest S. Rady made a series of open-market purchases totaling $7.38M over 6 days, including a $2.29M buy on Aug 13. This is a strong conviction signal from the company's top insider, representing ~0.53% of AAT's $1.4B market cap, and follows $8.6M in insider buying over the prior 30 days.
Key Financial Metrics
Key Facts
- Executive Chairman Ernest S. Rady purchased $7.38M in AAT shares over 6 trading days (Aug 6-13, 2026)
- Largest single-day purchase: $2.29M on Aug 13 at $22.86/share
- Total insider buying over 30 days now exceeds $16M (prior $8.6M + this $7.38M)
- Purchases represent ~0.53% of AAT's $1.4B market cap
- All trades were open-market purchases (Code P), not option exercises or grants
Financial Impact
$7.38M in open-market purchases by Executive Chairman, ~0.53% of market cap
Risk Factors
- Analyst consensus is heavily bearish (0% bullish, 6 sell/strong sell ratings)
- REIT sector headwinds from interest rate sensitivity could persist
- Insider buying does not guarantee near-term price appreciation
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001221359-26-000040 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 26d ago | Press Release | $21.39 $21.61 | ▲ +1.03% | ▼ −0.27% | $21.41 (+0.09%) |
Sep 16, 2026 5w ago | Insider Buy | $22.13 $21.49 | ▼ −2.89% | ▼ −3.49% | $21.41 (−3.25%) |
Sep 2, 2026 7w ago | Insider Buy | $22.16 $21.50 | ▼ −2.98% | ▼ −1.83% | $21.41 (−3.38%) |
Aug 28, 2026 8w ago | Insider Buy | $22.46 $21.83 | ▼ −2.81% | ▼ −2.66% | $21.41 (−4.67%) |
Aug 26, 2026 8w ago | Insider Buy | $22.50 $22.16 | ▼ −1.51% | ▼ −1.78% | $21.41 (−4.84%) |
Aug 21, 2026 9w ago | Insider Buy | $23.00 $22.46 | ▼ −2.35% | ▼ −2.82% | $21.41 (−6.91%) |
Aug 19, 2026 9w ago | Insider Buy | $22.83 $22.50 | ▼ −1.45% | ▼ −2.56% | $21.41 (−6.22%) |
Aug 14, 2026 10w ago | Insider Buy | $22.65 $23.00 | ▲ +1.55% | ▲ +2.74% | $21.41 (−5.47%) |
Aug 12, 2026 10w ago | Insider Buy | $22.96 $22.83 | ▼ −0.57% | ▲ +1.40% | $21.41 (−6.75%) |
Aug 12, 2026 10w ago | Institutional Cluster | $22.56 $22.80 | ▲ +1.06% | ▲ +1.51% | $21.41 (−5.10%) |
US Market Status
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