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

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan acquired 100,000 shares of Alset stock in a transaction that occurred on Monday, January 27th. The shares were purchased at an average price of $0.93 per share, for a total transaction of $93,000.00. Following the completion of the purchase, the chief executive officer now directly owns 6,038,438 shares of the company’s stock, valued at $5,615,747.34. The trade was a 1.68 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 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 shares were purchased 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 bought 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 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 NASDAQ AEI opened at $0.88 on Friday. Alset Inc. has a 1-year low of $0.46 and a 1-year high of $2.61. The business’s fifty day moving average price is $1.02 and its two-hundred day moving average price is $1.18. The firm has a market capitalization of $8.10 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.