AlTi Global, Inc. (NASDAQ:ALTI – Get Free Report) major shareholder Tiedemann Advisors, Llc acquired 387,254 shares of the firm’s stock in a transaction dated Monday, July 1st. The stock was bought at an average cost of $10.07 per share, with a total value of $3,899,647.78. Following the acquisition, the insider now owns 5,517,946 shares in the company, valued at approximately $55,565,716.22. This trade represents a 7.55 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Tiedemann Advisors, Llc also recently made the following trade(s):
- On Tuesday, October 1st, Tiedemann Advisors, Llc purchased 306,127 shares of AlTi Global stock. The shares were bought at an average price of $10.13 per share, with a total value of $3,101,066.51.
AlTi Global Price Performance
Shares of NASDAQ ALTI opened at $4.52 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.05 and a quick ratio of 4.05. The firm’s 50 day simple moving average is $4.25 and its 200-day simple moving average is $4.39. AlTi Global, Inc. has a 12 month low of $3.47 and a 12 month high of $9.22. The stock has a market capitalization of $632.01 million, a price-to-earnings ratio of -2.58 and a beta of 0.72.
Institutional Inflows and Outflows
AlTi Global Company Profile
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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