Insider Selling: Alset Inc. (NASDAQ:AEI) Director Sells 300,000 Shares of Stock

Alset Inc. (NASDAQ:AEI - Get Free Report) Director Heng Fai Ambrose Chan sold 300,000 shares of the company's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $1.03, for a total transaction of $309,000.00. Following the sale, the director now directly owns 1,253,904 shares in the company, valued at approximately $1,291,521.12. The trade was a 19.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Wednesday, February 12th, Heng Fai Ambrose Chan acquired 20,244 shares of Alset stock. The shares were bought at an average cost of $1.07 per share, for a total transaction of $21,661.08.
  • On Thursday, February 6th, Heng Fai Ambrose Chan bought 141,060 shares of Alset stock. The stock was bought at an average price of $0.99 per share, with a total value 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, for a total transaction of $93,000.00.
  • On Wednesday, January 22nd, Heng Fai Ambrose Chan bought 50,000 shares of Alset stock. The stock was purchased at an average cost of $0.85 per share, for a total transaction of $42,500.00.

Alset Trading Down 2.0 %




Shares of AEI opened at $0.97 on Thursday. The firm's fifty day simple moving average is $0.95 and its 200-day simple moving average is $1.13. The firm has a market capitalization of $10.41 million, a price-to-earnings ratio of -0.22 and a beta of 1.24. Alset Inc. has a twelve month low of $0.46 and a twelve month high of $2.61.

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

About Alset

(Get Free Report)

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.

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