Insider Buying: Alset Inc. (NASDAQ:AEI) CEO Buys $15,054.39 in Stock

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan bought 12,867 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were acquired at an average price of $1.17 per share, with a total value of $15,054.39. Following the acquisition, the chief executive officer now owns 5,888,438 shares of the company’s stock, valued at $6,889,472.46. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, August 19th, Heng Fai Ambrose Chan bought 20,000 shares of Alset stock. The shares were acquired at an average price of $0.96 per share, for a total transaction of $19,200.00.
• On Friday, August 16th, Heng Fai Ambrose Chan purchased 7,413 shares of Alset stock. The shares were bought at an average price of $0.90 per share, with a total value of $6,671.70.
• On Wednesday, June 26th, Heng Fai Ambrose Chan acquired 3,318 shares of Alset stock. The stock was purchased at an average price of $1.38 per share, with a total value of $4,578.84.
• On Monday, June 24th, Heng Fai Ambrose Chan acquired 1,226 shares of Alset stock. The shares were bought at an average cost of $1.30 per share, with a total value of $1,593.80.
• On Thursday, June 20th, Heng Fai Ambrose Chan acquired 11,556 shares of Alset stock. The shares were acquired at an average cost of $1.15 per share, with a total value of $13,289.40.
• On Monday, June 17th, Heng Fai Ambrose Chan purchased 42,149 shares of Alset stock. The shares were acquired at an average cost of $1.15 per share, for a total transaction of $48,471.35.
• On Friday, June 14th, Heng Fai Ambrose Chan purchased 10,672 shares of Alset stock. The shares were purchased at an average cost of $1.09 per share, with a total value of $11,632.48.
• On Wednesday, June 12th, Heng Fai Ambrose Chan bought 81,582 shares of Alset stock. The stock was acquired at an average price of $1.09 per share, for a total transaction of $88,924.38.
• On Monday, June 10th, Heng Fai Ambrose Chan acquired 16,567 shares of Alset stock. The stock was purchased at an average cost of $1.01 per share, with a total value of $16,732.67.
• On Thursday, June 6th, Heng Fai Ambrose Chan bought 6,753 shares of Alset stock. The shares were bought at an average cost of $1.11 per share, for a total transaction of $7,495.83.

Alset Stock Performance

Shares of AEI stock opened at $1.27 on Thursday. The firm has a market capitalization of $11.73 million, a price-to-earnings ratio of -0.19 and a beta of 1.26. Alset Inc. has a fifty-two week low of $0.46 and a fifty-two week high of $2.05. The stock’s 50-day simple moving average is $1.22 and its 200-day simple moving average is $0.94.

Institutional Investors Weigh In On Alset

An institutional investor recently bought a new position in Alset stock. StoneX Group Inc. purchased a new stake in Alset Inc. (NASDAQ:AEI) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 277,001 shares of the company’s stock, valued at approximately $193,000. StoneX Group Inc. owned approximately 3.00% of Alset at the end of the most recent quarter. Hedge funds and other institutional investors own 2.74% of the company’s stock.

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.