Insider Buying: Alset Inc. (NASDAQ:AEI) CEO Buys $139,649.40 in Stock

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan acquired 141,060 shares of the company’s stock in a transaction on Thursday, February 6th. The stock was purchased at an average cost of $0.99 per share, for a total transaction of $139,649.40. Following the completion of the purchase, the chief executive officer now directly owns 6,179,498 shares in the company, valued at $6,117,703.02. This trade represents a 2.34 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, January 27th, Heng Fai Ambrose Chan bought 100,000 shares of Alset stock. The stock was purchased at an average price of $0.93 per share, with a total value of $93,000.00.
• On Wednesday, January 22nd, Heng Fai Ambrose Chan purchased 50,000 shares of Alset stock. The shares were purchased at an average price of $0.85 per share, for a total transaction of $42,500.00.
• On Tuesday, December 24th, Heng Fai Ambrose Chan acquired 1,300,000 shares of Alset stock. The stock was purchased 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 bought 205,149 shares of Alset stock. The shares were acquired at an average price of $0.97 per share, for a total transaction of $198,994.53.
• On Monday, November 25th, Heng Fai Ambrose Chan purchased 4,411,764 shares of Alset stock. The stock was acquired at an average cost of $0.68 per share, with a total value of $2,999,999.52.

Alset Price Performance

Shares of AEI stock opened at $1.21 on Thursday. The business’s fifty day moving average price is $0.98 and its 200 day moving average price is $1.16. The firm has a market capitalization of $11.17 million, a PE ratio of -0.28 and a beta of 1.27. Alset Inc. has a 1-year low of $0.46 and a 1-year 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.