Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan Purchases 50,000 Shares of Stock

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan purchased 50,000 shares of the company’s stock in a transaction on Wednesday, January 22nd. The stock was acquired at an average price of $0.85 per share, with a total value of $42,500.00. Following the completion of the purchase, the chief executive officer now directly owns 5,938,438 shares in the company, valued at $5,047,672.30. This trade represents a 0.85 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Heng Fai Ambrose Chan also recently made the following trade(s):

• On Tuesday, December 24th, Heng Fai Ambrose Chan bought 1,300,000 shares of Alset stock. The stock was bought at an average cost of $0.45 per share, for a total transaction of $585,000.00.
• On Tuesday, December 10th, Heng Fai Ambrose Chan bought 205,149 shares of Alset stock. The shares were bought at an average cost of $0.97 per share, with a total value of $198,994.53.
• On Monday, November 25th, Heng Fai Ambrose Chan acquired 4,411,764 shares of Alset stock. The shares were bought at an average cost of $0.68 per share, with a total value of $2,999,999.52.

Alset Trading Up 0.8 %

Shares of AEI stock opened at $0.85 on Friday. The stock has a market capitalization of $7.89 million, a price-to-earnings ratio of -0.20 and a beta of 1.29. Alset Inc. has a 12-month low of $0.46 and a 12-month high of $2.61. The stock’s 50-day moving average price is $1.04 and its 200-day moving average price is $1.19.

About Alset

Alset Inc engages in the real estate development, financial services, digital transformation technologies, biohealth activities, and consumer products businesses in the United States, Singapore, Hong Kong, Australia, and South Korea. It operates through four segments: Real Estate, Digital Transformation Technology, Biohealth, and Other Business Activities segments.