Insider Selling: Alset Inc. (NASDAQ:AEI) Director Sells $309,000.00 in Stock

Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan sold 300,000 shares of the firm’s stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $1.03, for a total value of $309,000.00. Following the transaction, the director now directly owns 1,253,904 shares of the company’s stock, valued at approximately $1,291,521.12. This trade represents a 19.31 % decrease in their position. The transaction was disclosed in a filing 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 Friday, April 4th, Heng Fai Ambrose Chan sold 180,000 shares of Alset stock. The stock was sold at an average price of $0.96, for a total value of $172,800.00.
• On Wednesday, April 2nd, Heng Fai Ambrose Chan sold 884,776 shares of Alset stock. The stock was sold at an average price of $0.60, for a total transaction of $530,865.60.
• On Wednesday, February 12th, Heng Fai Ambrose Chan bought 20,244 shares of Alset stock. The stock was purchased at an average cost of $1.07 per share, with a total value of $21,661.08.
• On Thursday, February 6th, Heng Fai Ambrose Chan purchased 141,060 shares of Alset stock. The shares were purchased at an average price of $0.99 per share, for a total transaction of $139,649.40.
• On Monday, January 27th, Heng Fai Ambrose Chan acquired 100,000 shares of Alset stock. The stock was purchased at an average price of $0.93 per share, with a total value of $93,000.00.
• On Wednesday, January 22nd, Heng Fai Ambrose Chan bought 50,000 shares of Alset stock. The shares were acquired at an average price of $0.85 per share, for a total transaction of $42,500.00.

Alset Price Performance

AEI stock opened at $0.83 on Friday. The stock has a market capitalization of $8.94 million, a P/E ratio of -0.19 and a beta of 1.24. Alset Inc. has a 1-year low of $0.46 and a 1-year high of $2.61. The business has a fifty day moving average price of $0.95 and a 200-day moving average price of $1.13.

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

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.