Heng Fai Ambrose Chan Buys 50,000 Shares of Alset Inc. (NASDAQ:AEI) Stock

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan acquired 50,000 shares of the business’s stock in a transaction on Wednesday, January 22nd. The stock was bought at an average cost of $0.85 per share, for a total transaction of $42,500.00. Following the completion of the transaction, the chief executive officer now directly owns 5,938,438 shares of the company’s stock, valued at $5,047,672.30. This trade represents a 0.85 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Tuesday, December 24th, Heng Fai Ambrose Chan bought 1,300,000 shares of Alset stock. The stock was bought at an average price 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 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 purchased 4,411,764 shares of Alset stock. The shares were purchased at an average cost of $0.68 per share, with a total value of $2,999,999.52.

Alset Price Performance

Shares of AEI stock opened at $0.90 on Friday. The company’s fifty day moving average price is $1.04 and its two-hundred day moving average price is $1.19. The firm has a market capitalization of $8.33 million, a P/E ratio of -0.21 and a beta of 1.29. Alset Inc. has a 12 month low of $0.46 and a 12 month 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.