Alset Inc. (NASDAQ:AEI) Director Sells $530,865.60 in Stock

Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan sold 884,776 shares of the firm’s stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $0.60, for a total value of $530,865.60. Following the completion of the sale, the director now owns 351,555 shares in the company, valued at approximately $210,933. This represents a 71.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Friday, April 4th, Heng Fai Ambrose Chan sold 180,000 shares of Alset stock. The stock was sold at an average price of $0.96, for a total value of $172,800.00.
• On Monday, March 31st, Heng Fai Ambrose Chan sold 300,000 shares of Alset stock. The shares were sold at an average price of $1.03, for a total transaction of $309,000.00.
• On Wednesday, February 12th, Heng Fai Ambrose Chan acquired 20,244 shares of Alset stock. The shares were bought at an average price of $1.07 per share, for a total transaction of $21,661.08.
• On Thursday, February 6th, Heng Fai Ambrose Chan bought 141,060 shares of Alset stock. The stock was purchased 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 purchased 100,000 shares of Alset stock. The shares were purchased at an average price of $0.93 per share, for a total transaction of $93,000.00.
• On Wednesday, January 22nd, Heng Fai Ambrose Chan bought 50,000 shares of Alset stock. The shares were purchased at an average cost of $0.85 per share, with a total value of $42,500.00.

Alset Stock Down 9.4 %

NASDAQ:AEI opened at $0.83 on Monday. Alset Inc. has a 52-week low of $0.46 and a 52-week high of $2.61. The firm has a market cap of $8.94 million, a P/E ratio of -0.19 and a beta of 1.11. The business’s 50-day moving average price is $0.95 and its 200 day moving average price is $1.13.

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

About Alset

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.