According to GuruFocus Insider Data, this is the largest CEO buy for the past week.
American Assets Trust CEO bought 56,401 shares
American Assets Trust Inc. (AAT, Financial) Chairman, CEO and President Ernest S. Rady bought a combined 56,401 shares on Sept.1 and Sept. 8.
The U.S.-based real estate investment trust operates and develops retail, office, residential and mixed-use properties in California, Oregon and Hawaii. The company has a market cap of $2.62 billion. Its shares traded around $40.72 with a price-earnings (P/E) ratio of 61.88 as of Sept. 8.
Net income was $5.5 million for the three months ended June 30.
Rady bought 34,037 shares for an average price of $40.24 per share on Aug. 23; 9,438 shares for an average price of $40.45 per share on Aug. 25; 42,530 shares for $40.3 per share on Aug. 30; 9,567 shares for $40.6 per share on Sept. 1; and 46,834 shares for $40.79 per share on Sept. 8. The stock price has declined 0.17% since then.
Vice President of Construction and Development Jerry Gammieri sold 277 shares for $40.68 per share on Aug. 31. Since then, the stock price has increased 0.1%.
For the complete list of stocks bought by company CEOs, go to CEO Buys.
Disclosure: I do not own stock in any of the companies mentioned in the article.
