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

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan purchased 20,244 shares of Alset stock in a transaction dated Wednesday, February 12th. The shares were purchased at an average price of $1.07 per share, with a total value of $21,661.08. Following the completion of the acquisition, the chief executive officer now owns 6,349,742 shares in the company, 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 filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Thursday, February 6th, Heng Fai Ambrose Chan acquired 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 purchased 100,000 shares of Alset stock. The stock was acquired 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 purchased 50,000 shares of Alset stock. The stock was 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 acquired 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 purchased 205,149 shares of Alset stock. The stock was 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 stock was bought at an average cost of $0.68 per share, for a total transaction of $2,999,999.52.

Alset Price Performance

Shares of AEI stock opened at $1.16 on Friday. The stock’s fifty day simple moving average is $0.98 and its 200 day simple moving average is $1.16. The firm has a market cap of $10.72 million, a price-to-earnings ratio of -0.27 and a beta of 1.27. Alset Inc. has a one year low of $0.46 and a one year 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.