Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan Acquires 4,411,764 Shares

Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan bought 4,411,764 shares of the business’s stock in a transaction on Monday, November 25th. The stock was bought at an average cost of $0.68 per share, with a total value of $2,999,999.52. Following the transaction, the director now owns 11,387,954 shares in the company, valued at $7,743,808.72. This trade represents a 63.24 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

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

• On Tuesday, September 24th, Heng Fai Ambrose Chan purchased 6,034,537 shares of Alset stock. The shares were acquired at an average price of $0.63 per share, for a total transaction of $3,801,758.31.

Alset Price Performance

Shares of AEI stock traded down $0.05 during trading hours on Tuesday, reaching $1.08. 16,496 shares of the company traded hands, compared to its average volume of 67,106. Alset Inc. has a 12-month low of $0.46 and a 12-month high of $2.05. The company has a market cap of $9.98 million, a P/E ratio of -0.25 and a beta of 1.26. The firm has a 50-day moving average price of $1.40 and a 200 day moving average price of $1.19.

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.