Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan Purchases 20,244 Shares of Stock

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan acquired 20,244 shares of Alset stock in a transaction that occurred on Wednesday, February 12th. The shares were purchased at an average price of $1.07 per share, for a total transaction of $21,661.08. Following the completion of the purchase, the chief executive officer now directly owns 6,349,742 shares of the company’s stock, valued at $6,794,223.94. The trade was a 0.32 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Thursday, February 6th, Heng Fai Ambrose Chan bought 141,060 shares of Alset stock. The stock was bought at an average cost of $0.99 per share, for a total transaction of $139,649.40.
• On Monday, January 27th, Heng Fai Ambrose Chan bought 100,000 shares of Alset stock. The stock was bought at an average cost 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 stock was bought at an average cost 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 stock was bought 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 purchased 205,149 shares of Alset stock. The shares were acquired 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 purchased 4,411,764 shares of Alset stock. The shares were acquired at an average cost of $0.68 per share, for a total transaction of $2,999,999.52.

Alset Stock Down 4.1 %

NASDAQ:AEI opened at $1.16 on Friday. The business’s 50-day moving average price is $0.98 and its 200 day moving average price is $1.16. The firm has a market cap of $10.72 million, a P/E ratio of -0.27 and a beta of 1.27. Alset Inc. has a 52-week low of $0.46 and a 52-week high of $2.61.

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.