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

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan purchased 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was acquired at an average price of $0.85 per share, for a total transaction of $42,500.00. Following the purchase, the chief executive officer now owns 5,938,438 shares of the company’s stock, valued at approximately $5,047,672.30. This represents a 0.85 % increase in their position. The purchase 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 Tuesday, December 24th, Heng Fai Ambrose Chan acquired 1,300,000 shares of Alset stock. The shares were acquired at an average price 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 acquired 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 purchased 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 Trading Up 0.8 %

NASDAQ AEI traded up $0.01 during trading hours on Thursday, reaching $0.85. 88,949 shares of the company traded hands, compared to its average volume of 3,749,903. The stock has a market capitalization of $7.89 million, a PE ratio of -0.20 and a beta of 1.29. Alset Inc. has a 12 month low of $0.46 and a 12 month high of $2.61. The company has a 50 day moving average of $1.04 and a two-hundred day moving average of $1.19.

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.