HWH International Inc. (NASDAQ:HWH) shares jumped 138.36% to $2.92 in after-hours trading on Tuesday following a pair of Securities and Exchange Commission filings disclosing insider buying and a majority shareholder stake increase.



<h2>Alset Boosts HWH Stake To 80.5%</h2>



According to a Tuesday SEC filing, majority shareholder Maryland-based diversified holding company Alset Inc. purchased 250,000 newly issued shares at $2.00 each on Monday, injecting $500,000 directly into HWH. 



Post-transaction, Alset’s consolidated ownership rises to 80.5% from 79.8%.



On the same day, HWH CEO Chan Heng Fai, who also chairs and controls Alset, separately disclosed the purchase via a separate SEC filing, reflecting 5,261,719 shares of beneficial ownership across direct and subsidiary holdings.



The dual role makes the transaction a direct insider confidence signal.



<h2>Trading Metrics, Technical Analysis</h2>



HWH International, a Maryland-based purpose-driven lifestyle and wellness company, has a market capitalization of $9.16 million, with a 52-week high of $7.77 and a low of $0.89.



The small-cap stock has a Relative Strength Index (RSI) of 65.48.



Over the past 12 months, HWH has dropped 5.04%.



The small-cap stock is currently trading near its annual low, at approximately 5% of its 52-week range.



Price Action: According to Benzinga Pro data, HWH closed Tuesday’s regular trading session up 4.70% at $1.22.



Benzinga's Edge Stock Rankings indicate that MSW is experiencing short-term upward movement along with medium and long-term consolidation.



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Photo Courtesy: Gorodenkoff on Shutterstock.com



Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



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HWH International Inc. (NASDAQ:HWH) shares surged 138.36% in after-hours trading to $2.92 following SEC filings revealing insider buying and a stake increase by majority shareholder Alset Inc. Alset purchased 250,000 new shares at $2.00 each, raising its ownership to 80.5%. CEO Chan Heng Fai also disclosed significant beneficial ownership, signaling strong insider confidence.

HWH International Stock Surges Over 130% After Hours: Why Is It Moving?