Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan Acquires 50,000 Shares

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan purchased 50,000 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The stock was acquired at an average cost of $0.85 per share, with a total value of $42,500.00. Following the acquisition, the chief executive officer now owns 5,938,438 shares in the company, valued at $5,047,672.30. The trade was a 0.85 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Tuesday, December 24th, Heng Fai Ambrose Chan acquired 1,300,000 shares of Alset stock. The shares were bought 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 shares were 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 purchased at an average cost of $0.68 per share, for a total transaction of $2,999,999.52.

Alset Stock Performance

Shares of NASDAQ AEI opened at $0.85 on Friday. Alset Inc. has a fifty-two week low of $0.46 and a fifty-two week high of $2.61. The company has a market cap of $7.89 million, a price-to-earnings ratio of -0.20 and a beta of 1.29. The business’s 50 day moving average price is $1.04 and its 200-day moving average price is $1.19.

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.