Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan Acquires 141,060 Shares of Stock

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan bought 141,060 shares of the business’s stock in a transaction that occurred on Thursday, February 6th. The shares were acquired 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 owns 6,179,498 shares in the company, valued at $6,117,703.02. This trade represents a 2.34 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Monday, January 27th, Heng Fai Ambrose Chan purchased 100,000 shares of Alset stock. The stock was acquired 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 acquired 50,000 shares of Alset stock. The stock was bought 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 bought 1,300,000 shares of Alset stock. The shares were bought at an average cost of $0.45 per share, with a total value of $585,000.00.
• On Tuesday, December 10th, Heng Fai Ambrose Chan purchased 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 acquired 4,411,764 shares of Alset stock. The shares were bought at an average cost of $0.68 per share, with a total value of $2,999,999.52.

Alset Stock Performance

AEI stock opened at $0.95 on Tuesday. The company’s 50 day moving average price is $0.99 and its 200 day moving average price is $1.16. The firm has a market capitalization of $8.78 million, a price-to-earnings ratio of -0.22 and a beta of 1.27. Alset Inc. has a fifty-two week low of $0.46 and a fifty-two week 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.