AlTi Global, Inc. (NASDAQ:ALTI - Get Free Report)'s stock price traded up 8.6% during mid-day trading on Friday . The company traded as high as $4.82 and last traded at $4.82. 90,225 shares were traded during mid-day trading, a decline of 40% from the average session volume of 151,259 shares. The stock had previously closed at $4.44.
AlTi Global Stock Performance
The stock has a market capitalization of $648.81 million, a PE ratio of -2.65 and a beta of 0.72. The company has a quick ratio of 4.05, a current ratio of 4.05 and a debt-to-equity ratio of 0.17. The stock has a fifty day moving average of $4.19 and a 200-day moving average of $4.39.
Insider Buying and Selling
In other AlTi Global news, insider Spiros Maliagros sold 5,769 shares of the stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $4.47, for a total transaction of $25,787.43. Following the sale, the insider now owns 405,167 shares in the company, valued at approximately $1,811,096.49. This represents a 1.40 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 12,897 shares of company stock worth $54,524 in the last quarter. Company insiders own 22.14% of the company's stock.
Institutional Investors Weigh In On AlTi Global
A number of large investors have recently bought and sold shares of ALTI. Vanguard Group Inc. grew its holdings in AlTi Global by 213.4% during the 1st quarter. Vanguard Group Inc. now owns 1,593,772 shares of the basic materials company's stock valued at $9,021,000 after buying an additional 1,085,308 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of AlTi Global by 41.9% during the third quarter. Geode Capital Management LLC now owns 1,080,189 shares of the basic materials company's stock worth $4,041,000 after purchasing an additional 318,860 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of AlTi Global by 58.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 432,617 shares of the basic materials company's stock worth $1,618,000 after purchasing an additional 159,357 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of AlTi Global by 89.9% during the second quarter. Bank of New York Mellon Corp now owns 106,440 shares of the basic materials company's stock worth $555,000 after purchasing an additional 50,379 shares during the last quarter. Finally, Simon Quick Advisors LLC acquired a new stake in shares of AlTi Global during the second quarter worth $214,000. Institutional investors and hedge funds own 3.57% of the company's stock.
AlTi Global Company Profile
(
Get Free Report)
AlTi Global, Inc provides wealth and asset management services individuals, families, foundations, and institutions in the United States, the United Kingdom, and internationally. It operates through two segments, Wealth Management and Strategic Alternatives. The company offers discretionary investment management, non-discretionary investment advisory, and investment management and advisory services.
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