AlTi Global, Inc. (NASDAQ:ALTI - Get Free Report) major shareholder Tiedemann Advisors, Llc bought 257,824 shares of the business's stock in a transaction that occurred on Thursday, August 1st. The shares were bought at an average cost of $10.08 per share, for a total transaction of $2,598,865.92. Following the transaction, the insider now owns 5,777,438 shares of the company's stock, valued at $58,236,575.04. The trade was a 4.67 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Major shareholders that own 10% or more of a company's stock 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 stock was bought at an average cost of $10.13 per share, with a total value of $3,101,066.51.
AlTi Global Stock Performance
NASDAQ ALTI opened at $4.51 on Thursday. The company has a fifty day moving average price of $4.23 and a 200-day moving average price of $4.39. The firm has a market cap of $630.62 million, a price-to-earnings ratio of -2.62 and a beta of 0.72. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.05 and a quick ratio of 4.05. AlTi Global, Inc. has a 1 year low of $3.47 and a 1 year high of $9.22.
Institutional Inflows and Outflows
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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barclays PLC increased its stake in AlTi Global by 264.8% in the 3rd quarter. Barclays PLC now owns 44,457 shares of the basic materials company's stock valued at $167,000 after buying an additional 32,269 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of AlTi Global by 41.9% in the third quarter. Geode Capital Management LLC now owns 1,080,189 shares of the basic materials company's stock valued at $4,041,000 after acquiring an additional 318,860 shares in the last quarter. State Street Corp increased its position in shares of AlTi Global by 5.6% during the third quarter. State Street Corp now owns 540,213 shares of the basic materials company's stock valued at $2,020,000 after acquiring an additional 28,689 shares during the last quarter. MetLife Investment Management LLC lifted its holdings in AlTi Global by 129.1% during the third quarter. MetLife Investment Management LLC now owns 21,002 shares of the basic materials company's stock worth $79,000 after acquiring an additional 11,834 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in AlTi Global by 58.3% in 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. 3.57% of the stock is currently owned by hedge funds and other institutional investors.
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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