Alset Inc. (NASDAQ:AEI) CEO Purchases $16,732.67 in Stock

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan purchased 16,567 shares of Alset stock in a transaction on Monday, June 10th. The shares were acquired at an average price of $1.01 per share, with a total value of $16,732.67. Following the transaction, the chief executive officer now directly owns 5,459,632 shares in the company, valued at approximately $5,514,228.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Thursday, June 6th, Heng Fai Ambrose Chan purchased 6,753 shares of Alset stock. The shares were acquired at an average price of $1.11 per share, with a total value of $7,495.83.
• On Thursday, May 30th, Heng Fai Ambrose Chan purchased 11,990 shares of Alset stock. The shares were acquired at an average price of $0.89 per share, with a total value of $10,671.10.
• On Friday, May 24th, Heng Fai Ambrose Chan purchased 456,488 shares of Alset stock. The shares were acquired at an average price of $0.68 per share, with a total value of $310,411.84.
• On Tuesday, May 28th, Heng Fai Ambrose Chan purchased 67,215 shares of Alset stock. The shares were acquired at an average price of $0.74 per share, with a total value of $49,739.10.

Alset Stock Up 1.0 %

AEI stock traded up $0.01 during trading on Tuesday, reaching $1.06. 58,060 shares of the company’s stock were exchanged, compared to its average volume of 85,307. Alset Inc. has a 1-year low of $0.46 and a 1-year high of $2.04. The company’s fifty day moving average price is $0.67 and its 200-day moving average price is $0.90. The firm has a market cap of $9.79 million, a PE ratio of -0.16 and a beta of 1.04.

Alset (NASDAQ:AEI) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.73) earnings per share for the quarter. The firm had revenue of $6.09 million during the quarter. Alset had a negative net margin of 227.02% and a negative return on equity of 54.24%.

Institutional Trading of Alset

An institutional investor recently bought a new position in Alset stock. StoneX Group Inc. bought a new position in shares of Alset Inc. (NASDAQ:AEI) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 277,001 shares of the company’s stock, valued at approximately $193,000. StoneX Group Inc. owned 3.00% of Alset as of its most recent SEC filing. Institutional investors and hedge funds own 2.74% of the company’s stock.

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.