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

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan acquired 20,244 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were bought at an average cost of $1.07 per share, for a total transaction of $21,661.08. Following the acquisition, the chief executive officer now owns 6,349,742 shares of the company’s stock, valued at $6,794,223.94. This represents a 0.32 % increase in their position. The acquisition 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 bought 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 bought at an average cost of $0.93 per share, with a total value of $93,000.00.
• On Wednesday, January 22nd, Heng Fai Ambrose Chan acquired 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 bought 1,300,000 shares of Alset stock. The stock was 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 purchased 205,149 shares of Alset stock. The shares were purchased at an average price 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 stock was purchased at an average price of $0.68 per share, with a total value of $2,999,999.52.

Alset Trading Down 8.6 %

Shares of AEI opened at $1.06 on Friday. The company’s 50 day simple moving average is $0.97 and its 200-day simple moving average is $1.16. The firm has a market cap of $9.79 million, a PE ratio of -0.24 and a beta of 1.27. Alset Inc. has a 12-month low of $0.46 and a 12-month 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.