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NASDAQ:ALTI

AlTi Global (ALTI) Stock Price, News & Analysis

$3.56
-0.32 (-8.25%)
(As of 09/6/2024 ET)
Today's Range
$3.54
$3.94
50-Day Range
$3.56
$5.16
52-Week Range
$3.54
$9.22
Volume
145,434 shs
Average Volume
139,632 shs
Market Capitalization
$427.23 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

AlTi Global MarketRank™ Stock Analysis

Analyst Rating
Strong Buy
4.00 Rating Score
Upside/​Downside
152.8% Upside
$9.00 Price Target
Short Interest
Healthy
5.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.14mentions of AlTi Global in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$717,784 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.02) to $0.52 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.93 out of 5 stars

Finance Sector

641st out of 871 stocks

Investment Advice Industry

41st out of 51 stocks

ALTI stock logo

About AlTi Global Stock (NASDAQ:ALTI)

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. It also provides trust and administration services, such as entity formation and management; creating or modifying trust instruments and administrative practices to meet beneficiary needs; corporate, trustee-executor, and fiduciary services; provision of directors and company secretarial services; administering entity ownership of intellectual property rights; advisory and administration services in connection with investments in marine and aviation assets; and administering entity ownership of fine art and collectibles. In addition, the company offers family office services comprising bookkeeping and back office services, private foundation management and grant making, oversight of trust administration, financial tracking and reporting, cash flow management and bill pay, and other financial services, as well as clients estate and wealth planning, family governance and education, and philanthropic and strategic services. It also provides ancillary fund management services, including investments, financial planning and strategy, sales and marketing, and back and middle office infrastructure and administration. The company offers strategic advisory, corporate advisory, brokerage, and placement agency services; structures, arranges, and provides investors with co-investment opportunities in various alternative assets; manages and advises public and private investment funds, as well as alternatives platform. The company was formerly known as Alvarium Tiedemann Holdings, Inc. and changed its name to AlTi Global, Inc. in April 2023. The company is based in New York, New York.

ALTI Stock Price History

ALTI Stock News Headlines

Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
Cropped view of advisor holding papers with charts near business people, laptop and notebook on table, banner
This Small Cap Wealth Management Stock Could Provide Big Returns (ALTI)
AlTi Global is poised to benefit from several tailwinds in the wealth management industry. One Wall Street analyst sees significant upside.
Short Interest in AlTi Global, Inc. (NASDAQ:ALTI) Drops By 6.3%
Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
AlTi Global, Inc. (NASDAQ:ALTI) COO Sells $550,000.00 in Stock
AlTi Global Slips To Loss In Q2
Insider Stock Buying Reaches US$1.94m On AlTi Global
See More Headlines
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Company Calendar

Last Earnings
8/09/2024
Today
9/07/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Trading
Current Symbol
NASDAQ:ALTI
Fax
N/A
Employees
490
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$9.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+152.8%
Consensus Rating
Strong Buy
Rating Score (0-4)
4.00
Research Coverage
1 Analysts

Profitability

Net Income
$-162,610,000.00
Pretax Margin
-95.76%

Debt

Sales & Book Value

Annual Sales
$241.81 million
Book Value
$5.51 per share

Miscellaneous

Free Float
93,438,000
Market Cap
$427.23 million
Optionable
Not Optionable
Beta
0.68
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Key Executives

  • Mr. Michael Glenn Tiedemann (Age 52)
    CEO & Director
    Comp: $616.5k
  • Mr. Stephen D. Yarad (Age 54)
    CFO & Treasurer
    Comp: $908.3k
  • Ms. Nancy Ann Curtin (Age 66)
    Global CIO & Director
  • Mr. Spiros Maliagros (Age 47)
    Head of Alternatives & Director
  • Mr. Brooke Bayard Connell (Age 52)
    President of US Wealth Management
    Comp: $565.83k
  • Mr. Kevin Patirck Moran J.D. (Age 46)
    President & COO
    Comp: $807k
  • Ms. Lily Arteaga
    Head of Investor Relations
  • Ms. Colleen Ann Graham (Age 58)
    Global General Counsel
  • Ms. Claire Verdirame
    Chief Marketing Officer
  • Mr. Jed Emerson (Age 64)
    Chief Impact Officer

ALTI Stock Analysis - Frequently Asked Questions

How have ALTI shares performed this year?

AlTi Global's stock was trading at $8.76 at the beginning of the year. Since then, ALTI shares have decreased by 59.4% and is now trading at $3.56.
View the best growth stocks for 2024 here
.

How were AlTi Global's earnings last quarter?

AlTi Global, Inc. (NASDAQ:ALTI) announced its quarterly earnings data on Friday, August, 9th. The basic materials company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by $0.02. The basic materials company had revenue of $49.45 million for the quarter, compared to analyst estimates of $51.80 million. AlTi Global had a positive trailing twelve-month return on equity of 7.36% and a negative net margin of 50.54%.

Who are AlTi Global's major shareholders?

Top institutional investors of AlTi Global include AlTi Global Inc. (0.64%), Bank of New York Mellon Corp (0.09%), Simon Quick Advisors LLC (0.03%) and Rhumbline Advisers (0.03%). Insiders that own company stock include Holdings Ilwaddi, Cayman Holdings Ilwaddi, Peter Yu, Michael Tiedemann, Spiros Maliagros, Brooke Connell, Timothy F Keaney, Kevin P Moran, Mark F Furlong and Bertrand P Grabowski.
View institutional ownership trends
.

How do I buy shares of AlTi Global?

Shares of ALTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ALTI) was last updated on 9/7/2024 by MarketBeat.com Staff

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