Insider Buying: Alset Inc. (NASDAQ:AEI) CEO Purchases 141,060 Shares of Stock

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan acquired 141,060 shares of the company’s stock in a transaction dated Thursday, February 6th. The stock was acquired at an average price of $0.99 per share, for a total transaction of $139,649.40. Following the acquisition, the chief executive officer now owns 6,179,498 shares in the company, valued at approximately $6,117,703.02. The trade was a 2.34 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 cost 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 shares were 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 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 price 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 stock was bought at an average price of $0.68 per share, with a total value of $2,999,999.52.

Alset Stock Performance

AEI opened at $0.95 on Tuesday. Alset Inc. has a one year low of $0.46 and a one year high of $2.61. The stock has a market capitalization of $8.78 million, a P/E ratio of -0.22 and a beta of 1.27. The business’s 50-day simple moving average is $0.99 and its 200-day simple moving average is $1.16.

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.