Heng Fai Ambrose Chan Acquires 100,000 Shares of Alset Inc. (NASDAQ:AEI) Stock

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan purchased 100,000 shares of the stock in a transaction dated Monday, January 27th. The shares were acquired at an average cost of $0.93 per share, for a total transaction of $93,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 6,038,438 shares of the company’s stock, valued at approximately $5,615,747.34. This trade represents a 1.68 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this link.

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

• On Wednesday, January 22nd, Heng Fai Ambrose Chan purchased 50,000 shares of Alset stock. The shares were acquired 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 purchased 1,300,000 shares of Alset stock. The shares were acquired 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 bought 205,149 shares of Alset stock. The shares were purchased 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 shares were purchased at an average cost of $0.68 per share, for a total transaction of $2,999,999.52.

Alset Stock Up 1.8 %

NASDAQ:AEI opened at $0.88 on Friday. The business’s 50-day moving average price is $1.02 and its 200 day moving average price is $1.18. The firm has a market cap of $8.10 million, a P/E ratio of -0.20 and a beta of 1.29. 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.