Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan Sells 884,776 Shares of Stock

Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan sold 884,776 shares of the business’s stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $0.60, for a total value of $530,865.60. Following the sale, the director now owns 351,555 shares of the company’s stock, valued at $210,933. The trade was a 71.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Friday, April 4th, Heng Fai Ambrose Chan sold 180,000 shares of Alset stock. The shares were sold at an average price of $0.96, for a total value of $172,800.00.
• On Monday, March 31st, Heng Fai Ambrose Chan sold 300,000 shares of Alset stock. The shares were sold at an average price of $1.03, for a total transaction of $309,000.00.
• On Wednesday, February 12th, Heng Fai Ambrose Chan acquired 20,244 shares of Alset stock. The stock was purchased at an average price of $1.07 per share, for a total transaction of $21,661.08.
• On Thursday, February 6th, Heng Fai Ambrose Chan acquired 141,060 shares of Alset stock. The stock was acquired at an average cost of $0.99 per share, with a total value of $139,649.40.
• On Monday, January 27th, Heng Fai Ambrose Chan bought 100,000 shares of Alset stock. The shares were acquired at an average cost of $0.93 per share, for a total transaction of $93,000.00.
• On Wednesday, January 22nd, Heng Fai Ambrose Chan purchased 50,000 shares of Alset stock. The stock was acquired at an average cost of $0.85 per share, with a total value of $42,500.00.

Alset Stock Down 9.4 %

Shares of NASDAQ AEI opened at $0.83 on Friday. The firm’s 50-day simple moving average is $0.95 and its 200 day simple moving average is $1.13. The stock has a market cap of $8.94 million, a P/E ratio of -0.19 and a beta of 1.24. Alset Inc. has a fifty-two week low of $0.46 and a fifty-two week high of $2.61.

Alset (NASDAQ:AEI) last announced its earnings results on Monday, March 31st. The company reported $0.25 EPS for the quarter. The firm had revenue of $8.94 million for the quarter. Alset had a negative return on equity of 42.91% and a negative net margin of 299.22%.

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.