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

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan acquired 50,000 shares of the firm’s stock in a transaction on Wednesday, January 22nd. The stock was bought at an average price of $0.85 per share, for a total transaction of $42,500.00. Following the completion of the acquisition, the chief executive officer now owns 5,938,438 shares of the company’s stock, valued at approximately $5,047,672.30. The trade was a 0.85 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Tuesday, December 24th, Heng Fai Ambrose Chan bought 1,300,000 shares of Alset stock. The shares were bought 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 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 acquired 4,411,764 shares of Alset stock. The shares were purchased at an average price of $0.68 per share, with a total value of $2,999,999.52.

Alset Trading Up 5.6 %

Shares of NASDAQ AEI opened at $0.90 on Friday. The business’s 50 day moving average is $1.04 and its 200-day moving average is $1.19. The firm has a market cap of $8.33 million, a P/E ratio of -0.21 and a beta of 1.29. Alset Inc. has a 1-year low of $0.46 and a 1-year high of $2.61.

Alset Company Profile

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.