Ernest S. Rady, serving as Executive Chairman of American Assets Trust, Inc. (NYSE:AAT), purchased the company’s common stock in two separate transactions on February 25 and February 26, 2026, for a combined value of $212,582.
On February 25, Rady acquired 5,597 shares at $19.52 per share. The subsequent day, February 26, he added 5,151 shares at $20.06 per share. Together, those trades raised the indirect holdings associated with the Ernest Rady Trust to 8,114,565 shares.
Rady’s interest in the company is held indirectly through several entities in addition to the Ernest Rady Trust. Those holdings include positions attributed to American Assets, Inc., Insurance Company of the West, the Rady Foundation, Explorer Insurance Company, and the Evelyn Shirley Rady Trust. He also holds shares directly via an Ernest Rady IRA.
The purchases come while AAT shares are trading at $20.06 and the company carries a market capitalization of $1.56 billion. Analysis from InvestingPro, as reported alongside the trading notice, designs the stock as appearing undervalued according to its Fair Value assessment. The company’s dividend profile remains prominent, with a yield of 6.78% and a record of paying dividends for 16 consecutive years, per InvestingPro Tips.
Those insider transactions occurred against the backdrop of American Assets Trust’s fourth-quarter 2025 financial results, which showed mixed outcomes. The company reported earnings per share of $0.05, below the forecasted $0.10, representing a 50% shortfall versus expectations. Revenue for the quarter was $110.09 million, however, topping the anticipated $106.9 million and producing a 2.98% positive surprise versus estimates.
The combination of a revenue beat and an earnings miss frames a nuanced financial picture for the REIT. Observers have noted market reaction to the release, though specific intraday or post-release price movements were not detailed in the filings and announcements referenced here. Investors and analysts will likely continue to monitor how those quarterly results, along with insider activity and the company’s dividend metrics, influence sentiment toward AAT in the near term.