Ernest Rady Increases Stake in American Assets Trust
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 07 2026
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Source: Fool
- Share Purchase Transaction: Ernest Rady purchased 10,000 shares of American Assets Trust on June 1, 2026, for approximately $234,000 at a price of $23.40 per share, indicating his bullish outlook on the company's future prospects.
- Ownership Stake Changes: Following this transaction, Rady's direct holdings increased to 66,680 shares, with indirect holdings totaling 13,442,763 shares, bringing his total ownership to 13,509,443 shares, which represents about 0.49% of his combined holdings, reflecting his confidence in the company's ongoing growth.
- Market Performance Impact: Rady's purchase coincided with a rise in the company's stock price, reaching a 52-week high of $24.11 on June 5, suggesting increased market confidence in the REIT, which aligns with its first-quarter FFO of $0.51 per diluted share.
- Investor Considerations: While American Assets Trust boasts a robust dividend yield of 5.75%, investors may want to wait for a price dip before entering, given that shares are currently hovering near their historical highs, to optimize their investment strategy.
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Analyst Views on AAT
Wall Street analysts forecast AAT stock price to fall
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 25.000
Low
20.00
Averages
20.00
High
20.00
Current: 25.000
Low
20.00
Averages
20.00
High
20.00
About AAT
American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust (REIT). The Company is engaged in acquiring, improving, developing and managing office, retail, and residential properties throughout the United States in high-barrier-to-entry markets primarily in Southern California, Northern California, Washington, Oregon, Texas and Hawaii. The Company's office portfolio comprises approximately 4.1 million rentable square feet, and its retail portfolio comprises approximately 2.4 million rentable square feet. In addition, it owns one mixed-use property (including approximately 94,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,302 multifamily units. The Company's properties include Alamo Quarry Market, La Jolla Commons, Carmel Country Plaza, and Waikiki Beach Walk Retail, Embassy Suites Hotel, Carmel Mountain Plaza, Corporate Campus East III, Gateway Marketplace, Imperial Beach Gardens, and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Earnings Announcement Schedule: American Assets Trust will release its Q2 2026 earnings after market close on July 28, providing crucial insights into the company's financial performance that could influence investor decisions and market reactions.
- Conference Call Timing: Senior management will hold a conference call on July 29, 2026, at 8:00 a.m. PT, where investors can dial 1 (833) 816-1162 to participate, aiming to interpret the earnings report and address investor inquiries, thereby enhancing transparency.
- Webcast Availability: The conference call will be available via a live audio webcast on the company's website under the
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- Share Acquisition: On May 22, 2026, Ernest Rady acquired 10,000 shares of American Assets Trust at approximately $22.67 per share, totaling around $227,000, demonstrating his confidence in the company's future performance.
- Indirect Holdings: All shares acquired were for indirect ownership, with substantial indirect holdings remaining across various family trusts and foundations, indicating Rady's ongoing influence and investment intentions within the company.
- Market Confidence: Rady's purchases are perceived as a signal of confidence in American Assets Trust's stock, especially as he continued to buy shares amid rising prices, further attracting market attention and investor trust.
- Strong Leasing Rates: As of Q1 2026, American Assets Trust reported nearly 98% leasing for retail properties and almost 95% for multifamily units, reflecting the resilience of its real estate portfolio and stable income generation capabilities.
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- Share Acquisition: On May 22, 2026, Ernest Rady acquired 10,000 shares of American Assets Trust (AAT) in an open-market transaction valued at approximately $226,700, reflecting his confidence in the company's future prospects.
- Ownership Structure: Post-transaction, Rady's direct holdings increased to 66,680 shares, while he retains over 13.3 million shares indirectly through trusts and foundations, indicating that the majority of his stake remains indirectly held with negligible overall ownership change.
- Transaction Frequency Comparison: Rady averages about 4.5 transactions per year, with his last six purchases ranging from 10,748 to 170,640 shares, making this 10,000-share acquisition relatively small and indicative of ongoing portfolio management rather than a shift in investment strategy.
- Market Confidence Signal: Rady's purchases are perceived as a strong signal of confidence in American Assets Trust's stock, especially as he continues to buy shares amid rising prices, which investors view positively as a potential driver of long-term returns.
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- RLI Corp Dynamics: RLI Corp's stock has plummeted 40% since November 2024, yet both operating and net earnings for 2025 surpassed those of 2024, with insiders starting to buy after the stock bottomed, indicating confidence in the company's future.
- LTC Properties Investment: LTC Properties is shifting towards REIT investment diversification structures, expecting its 'senior housing operating portfolio' to comprise 45% of total asset value, which stabilizes share prices and attracts more investor interest.
- American Assets Trust: Founder Ernest Rady purchased approximately 50,000 shares in the past two weeks, and despite facing vacancy issues, management indicates that the operating environment is improving, which may enhance shareholder returns in the future.
- TXO Partners Investment: TXO Partners founder Bob Simpson bought 600,000 shares for over $8 million in early June, and despite distribution volatility, its 11.3% yield continues to attract investor attention, reflecting confidence in the company's long-term growth.
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- Share Acquisition: Ernest S. Rady executed an open-market purchase of 10,000 shares of American Assets Trust on June 15, 2026, at approximately $24.21 per share, totaling $242,100, indicating his confidence in the company's future prospects.
- Ownership Structure: Post-transaction, Rady holds 66,680 shares directly, while his indirect holdings through various family and corporate entities total 13,482,763 shares, maintaining a diversified investment structure.
- Market Performance: The purchase price was close to the market close of $24.28 on June 15, 2026, suggesting that the transaction occurred near prevailing market valuations, reflecting Rady's recognition of the company's value.
- Investor Signal: Rady has acquired nearly 560,000 shares of AAT in 2026, and his continued buying behavior signals a bullish outlook on the REIT, especially given the strong performance in multifamily rents and Hawaii hotel operations.
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- Share Acquisition: Ernest S. Rady purchased 10,000 shares of American Assets Trust on June 15, 2026, at approximately $24.21 per share, totaling around $242,000, which increased his direct holdings to 66,680 shares and indirect holdings to 13,482,763 shares, indicating strong confidence in the company's future.
- Consistent Buying: Rady has acquired over 560,000 shares in 2026, demonstrating his bullish outlook on American Assets Trust, especially as the stock approaches its highest price since November 2024, reflecting his strong belief in the REIT's potential.
- Market Performance: The company has seen a 27% increase in stock price over the past year, and Rady's purchases align with strong multifamily rents, better-than-expected rent payments, and robust tourism at its Hawaii properties, further bolstering market confidence in its future performance.
- Investment Strategy: Rady's acquisitions not only signal optimism about the company's prospects but also reflect his extensive experience in the real estate market and commitment to long-term value creation, indicating that he will continue to leverage active asset management and acquisition strategies to maintain the company's competitive edge.
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