Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan Buys 11,556 Shares

Alset Inc. (NASDAQ:AEI) CEO Heng Fai Ambrose Chan bought 11,556 shares of the company’s stock in a transaction that occurred on Thursday, June 20th. The stock was bought at an average price of $1.15 per share, with a total value of $13,289.40. Following the acquisition, the chief executive officer now directly owns 5,673,095 shares in the company, valued at approximately $6,524,059.25. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, June 17th, Heng Fai Ambrose Chan purchased 42,149 shares of Alset stock. The stock was acquired at an average price of $1.15 per share, with a total value of $48,471.35.
• On Friday, June 14th, Heng Fai Ambrose Chan purchased 10,672 shares of Alset stock. The stock was acquired at an average price of $1.09 per share, with a total value of $11,632.48.
• On Wednesday, June 12th, Heng Fai Ambrose Chan purchased 81,582 shares of Alset stock. The stock was acquired at an average price of $1.09 per share, with a total value of $88,924.38.
• On Monday, June 10th, Heng Fai Ambrose Chan purchased 16,567 shares of Alset stock. The stock was acquired at an average price of $1.01 per share, with a total value of $16,732.67.
• On Thursday, June 6th, Heng Fai Ambrose Chan purchased 6,753 shares of Alset stock. The stock was acquired at an average price of $1.11 per share, with a total value of $7,495.83.
• On Thursday, May 30th, Heng Fai Ambrose Chan purchased 11,990 shares of Alset stock. The stock was acquired at an average price of $0.89 per share, with a total value of $10,671.10.
• On Friday, May 24th, Heng Fai Ambrose Chan purchased 456,488 shares of Alset stock. The stock was acquired at an average price of $0.68 per share, with a total value of $310,411.84.
• On Tuesday, May 28th, Heng Fai Ambrose Chan purchased 67,215 shares of Alset stock. The stock was acquired at an average price of $0.74 per share, with a total value of $49,739.10.

Alset Trading Up 7.9 %

Shares of AEI stock opened at $1.36 on Tuesday. The firm has a fifty day moving average price of $0.77 and a 200 day moving average price of $0.90. The company has a market cap of $12.56 million, a P/E ratio of -0.20 and a beta of 1.05. Alset Inc. has a 12 month low of $0.46 and a 12 month high of $2.04.

Alset (NASDAQ:AEI) last issued its earnings results on Wednesday, May 15th. The company reported ($0.73) EPS for the quarter. The firm had revenue of $6.09 million for the quarter. Alset had a negative return on equity of 54.24% and a negative net margin of 227.02%.

Hedge Funds Weigh In On Alset

An institutional investor recently bought a new position in Alset stock. StoneX Group Inc. bought a new position in shares of Alset Inc. (NASDAQ:AEI) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 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. 2.74% of the stock is currently owned by institutional investors.

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.