A $1.08M open-market purchase by the Executive Chairman is a strong bullish signal per the insider-buy literature. Monitor for any subsequent insider purchases or company announcements (e.g., earnings, asset sales, or strategic updates) that could confirm the catalyst behind this conviction buy.
Price Chart
Executive Summary
Executive Chairman Ernest S. Rady made a single open-market purchase of 50,000 AAT shares for $1.08M at $21.65/share on September 14, 2026. This is a material insider conviction buy by the company's top executive, signaling confidence in the stock at current levels.
Key Financial Metrics
Key Facts
- Executive Chairman Ernest S. Rady purchased 50,000 shares on the open market for $1.08M at $21.65/share
- Purchase represents ~0.33% of AAT's market cap (assuming ~$326M market cap from historical context)
- Single insider open-market buy by the Chairman — a top executive — exceeding the $100K threshold for a conviction signal
- No 10b5-1 plan indicated; transaction is a direct open-market purchase (code P)
Financial Impact
~$1.08M purchase, ~0.33% of market cap
Risk Factors
- The purchase is large but represents only ~0.33% of market cap — not transformative on its own
- No explicit catalyst mentioned; the buy could be valuation-driven rather than event-driven
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| INSIDER-BUY Data (Synthetic) | 0001221359-26-000057 |
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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