CEO Rady Continues To Buy AAT Shares

JC Parets
August 29, 2022

Ernest S. Rady, the chairman and CEO of American Assets Trust $AAT, continues to appear on our list with his eighth Form 4 filing in the trailing month.

Rady reported his latest purchase on Friday, revealing another 25,000 shares, equivalent to $719,600.

Director Janet Swartz reported a $498,784 purchase in MGM Resorts International $MGM.

This is interesting as it comes on the heels of insider activity from IAC Interactive $IAC in recent weeks. IAC is the largest shareholder of MGM, with more than 15% of outstanding shares.

Here’s The Hot List, with data through August 26, 2022:

The executive chairman of The Gorman-Rupp Company $GRC filed a Form 4 reporting a small purchase of his company’s stock.

In the options market, there was bearish flow in 3M Company $MMM, Futu Holdings $FUTU, Clarus Corp $CLAR, and Carvana $CVNA.

The only stock with bullish flow was Medtronic $MDT.

Stay tuned. We'll be back Tuesday with more insider action.

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All Star Charts Team

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