The Executive Chairman's sustained buying at increasing prices signals strong conviction that AAT is undervalued. Traders should monitor for any upcoming catalyst (e.g., earnings, asset sale, or strategic update) that Rady may be anticipating. The bearish analyst consensus creates a potential contrarian setup if the insider is correct.
Price Chart
Executive Summary
Executive Chairman Ernest S. Rady made four open-market purchases of AAT stock totaling $4.09M over a week, including a $1.14M buy on Aug 21, a $676K buy on Aug 24, a $1.14M buy on Aug 26, and a $1.13M buy on Aug 27. This is a strong conviction signal from the company's top insider, representing ~0.29% of the $1.4B market cap, and is amplified by the broader 30-day insider buying cluster of $10.1M. The purchases occur against a backdrop of bearish analyst consensus (0% bullish) and mixed recent stock performance, suggesting Rady sees value where the market does not.
Key Financial Metrics
Key Facts
- Executive Chairman Ernest S. Rady purchased $4.09M of AAT stock across four open-market transactions from Aug 21-27, 2026.
- Purchases were at prices between $22.56 and $22.89 per share.
- The $4.09M represents approximately 0.29% of AAT's $1.4B market cap.
- This is part of a broader 30-day insider buying cluster totaling $10.1M.
- Analyst consensus is heavily bearish: 0 Strong Buy, 0 Buy, 4 Hold, 5 Sell, 1 Strong Sell (0% bullish).
Financial Impact
$4.09M in open-market purchases by the Executive Chairman, representing ~0.29% of market cap.
Risk Factors
- Analyst consensus is heavily bearish with 0% bullish rating, suggesting headwinds.
- REIT sector may face interest rate sensitivity and cap rate compression risks.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001221359-26-000053 |
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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