Heng Fai Ambrose Chan Sells 300,000 Shares of Alset Inc. (NASDAQ:AEI) Stock

Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan sold 300,000 shares of the company’s stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $1.03, for a total transaction of $309,000.00. Following the completion of the transaction, the director now owns 1,253,904 shares of the company’s stock, valued at approximately $1,291,521.12. This trade represents a 19.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Wednesday, February 12th, Heng Fai Ambrose Chan acquired 20,244 shares of Alset stock. The stock was acquired at an average cost of $1.07 per share, for a total transaction of $21,661.08.
• On Thursday, February 6th, Heng Fai Ambrose Chan acquired 141,060 shares of Alset stock. The shares were bought at an average price of $0.99 per share, with a total value of $139,649.40.
• On Monday, January 27th, Heng Fai Ambrose Chan bought 100,000 shares of Alset stock. The shares were bought at an average cost 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 bought at an average price of $0.85 per share, with a total value of $42,500.00.

Alset Trading Down 5.2 %

AEI stock opened at $0.92 on Friday. Alset Inc. has a 12-month low of $0.46 and a 12-month high of $2.61. The business’s 50-day moving average is $0.95 and its 200 day moving average is $1.13. The stock has a market cap of $9.87 million, a price-to-earnings ratio of -0.21 and a beta of 1.24.

Alset (NASDAQ:AEI) last issued its quarterly earnings results on Monday, March 31st. The company reported $0.25 earnings per share (EPS) for the quarter. Alset had a negative return on equity of 42.91% and a negative net margin of 299.22%. The firm had revenue of $8.94 million for the quarter.

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.