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

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan purchased 100,000 shares of the stock in a transaction dated Monday, January 27th. The shares were acquired at an average price of $0.93 per share, for a total transaction of $93,000.00. Following the acquisition, the chief executive officer now directly owns 6,038,438 shares of the company’s stock, valued at $5,615,747.34. This represents a 1.68 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 acquired at an average price of $0.85 per share, with a total value of $42,500.00.
• On Tuesday, December 24th, Heng Fai Ambrose Chan bought 1,300,000 shares of Alset stock. The stock was acquired at an average price of $0.45 per share, for a total transaction of $585,000.00.
• On Tuesday, December 10th, Heng Fai Ambrose Chan purchased 205,149 shares of Alset stock. The shares were bought at an average price 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 stock was bought at an average price of $0.68 per share, for a total transaction of $2,999,999.52.

Alset Stock Performance

Shares of NASDAQ AEI traded down $0.03 during mid-day trading on Wednesday, reaching $0.87. The company had a trading volume of 77,073 shares, compared to its average volume of 2,948,409. Alset Inc. has a twelve month low of $0.46 and a twelve month high of $2.61. The stock’s 50 day moving average is $1.03 and its 200-day moving average is $1.18. The stock has a market capitalization of $7.99 million, a PE ratio of -0.20 and a beta of 1.29.

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.