Insider Buying: Alset Inc. (NASDAQ:AEI) CEO Acquires 100,000 Shares of Stock

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan acquired 100,000 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The stock was bought at an average price of $0.93 per share, with a total value of $93,000.00. Following the transaction, the chief executive officer now directly owns 6,038,438 shares in the company, valued at $5,615,747.34. The trade was a 1.68 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, January 22nd, Heng Fai Ambrose Chan bought 50,000 shares of Alset stock. The stock was purchased at an average cost of $0.85 per share, with a total value of $42,500.00.
• On Tuesday, December 24th, Heng Fai Ambrose Chan purchased 1,300,000 shares of Alset stock. The shares were purchased at an average cost of $0.45 per share, for a total transaction of $585,000.00.
• On Tuesday, December 10th, Heng Fai Ambrose Chan acquired 205,149 shares of Alset stock. The stock was purchased at an average price of $0.97 per share, with a total value of $198,994.53.
• On Monday, November 25th, Heng Fai Ambrose Chan bought 4,411,764 shares of Alset stock. The shares were acquired at an average price of $0.68 per share, for a total transaction of $2,999,999.52.

Alset Price Performance

Shares of NASDAQ:AEI opened at $0.86 on Thursday. The company has a 50 day moving average of $1.02 and a 200-day moving average of $1.18. Alset Inc. has a one year low of $0.46 and a one year high of $2.61. The stock has a market cap of $7.96 million, a price-to-earnings ratio of -0.20 and a beta of 1.29.

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.