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

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan purchased 100,000 shares of Alset stock in a transaction dated Monday, January 27th. The shares were purchased at an average cost of $0.93 per share, for a total transaction of $93,000.00. Following the transaction, the chief executive officer now owns 6,038,438 shares in the company, valued at approximately $5,615,747.34. This trade represents a 1.68 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Wednesday, January 22nd, Heng Fai Ambrose Chan bought 50,000 shares of Alset stock. The shares were acquired at an average cost of $0.85 per share, with a total value of $42,500.00.
• On Tuesday, December 24th, Heng Fai Ambrose Chan purchased 1,300,000 shares of Alset stock. The stock was acquired 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 acquired 205,149 shares of Alset stock. The shares were acquired 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 bought 4,411,764 shares of Alset stock. The stock was bought at an average cost of $0.68 per share, for a total transaction of $2,999,999.52.

Alset Price Performance

Shares of AEI opened at $0.88 on Friday. The firm has a 50-day simple moving average of $1.01 and a two-hundred day simple moving average of $1.17. Alset Inc. has a 1-year low of $0.46 and a 1-year high of $2.61. The stock has a market cap of $8.08 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.