Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan Purchases 100,000 Shares of Stock

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan bought 100,000 shares of the stock in a transaction that occurred on Monday, January 27th. The stock was acquired at an average cost of $0.93 per share, for a total transaction of $93,000.00. Following the purchase, the chief executive officer now owns 6,038,438 shares of the company’s stock, valued at $5,615,747.34. This trade represents a 1.68 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Wednesday, January 22nd, Heng Fai Ambrose Chan acquired 50,000 shares of Alset stock. The shares were bought at an average cost of $0.85 per share, for a total transaction of $42,500.00.
• On Tuesday, December 24th, Heng Fai Ambrose Chan bought 1,300,000 shares of Alset stock. The shares were bought at an average price of $0.45 per share, with a total value of $585,000.00.
• On Tuesday, December 10th, Heng Fai Ambrose Chan purchased 205,149 shares of Alset stock. The stock was bought at an average cost of $0.97 per share, for a total transaction 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 Stock Performance

AEI opened at $0.86 on Thursday. The firm has a market cap of $7.96 million, a price-to-earnings ratio of -0.20 and a beta of 1.29. The firm’s 50-day simple moving average is $1.02 and its 200-day simple moving average is $1.18. Alset Inc. has a twelve month low of $0.46 and a twelve month high of $2.61.

Alset Company Profile

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.