CEO Chan Heng Fai Ambrose sold 500,000 shares at $2.67 on 2025-09-12; stock now $4.27 (+0.0% from 52-week high), up +261.9% over 30 days.
Chan Heng Fai Ambrose, CEO of Alset Inc., sold 500,000 shares at $2.67 on 2025-09-12, reducing his holdings from 31.82M to 31.32M shares (-1.6% of pre-transaction holdings). The sale occurred during a period of sharp upward price momentum: the stock has risen +261.9% over the past 30 days and +357.5% over the past 90 days, now trading at $4.27, which matches the 52-week high. At the time of sale, the stock was valued at approximately $2.67, well below its current price, suggesting the insider sold during a relative low point prior to subsequent acceleration. Across his 11 prior open-market sales on other tickers, his well-timed sell rate was 72.73% (higher is better for sells); however, at this specific ticker (AEI), only 1 of 4 prior measurable buys were well-timed at the 90-day horizon. The company remains unprofitable (full-year net income was $-8,221,441.00, latest quarter revenue was $1,098,962.00) and revenue declined -4.4% annually, creating a structural disconnect between the stock's recent momentum and underlying operating performance.