Insider Buying: Alset Inc. (NASDAQ:AEI) CEO Acquires 100,000 Shares of Stock

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

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

• On Wednesday, January 22nd, Heng Fai Ambrose Chan bought 50,000 shares of Alset stock. The shares were purchased 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 purchased at an average cost of $0.45 per share, with a total value of $585,000.00.
• On Tuesday, December 10th, Heng Fai Ambrose Chan acquired 205,149 shares of Alset stock. The stock was purchased at an average price of $0.97 per share, with a total value 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 Performance

NASDAQ AEI traded down $0.03 on Wednesday, reaching $0.87. The company’s stock had a trading volume of 77,073 shares, compared to its average volume of 2,948,409. Alset Inc. has a twelve month low of $0.46 and a twelve month high of $2.61. The firm’s 50 day moving average is $1.03 and its two-hundred day moving average is $1.18. The stock has a market cap of $7.99 million, a PE ratio of -0.20 and a beta of 1.29.

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.