AlTi Global, Inc. (NASDAQ:ALTI) Insider Sells $10,028.48 in Stock

AlTi Global, Inc. (NASDAQ:ALTI) insider Spiros Maliagros sold 2,464 shares of the stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $4.07, for a total transaction of $10,028.48. Following the completion of the sale, the insider now directly owns 428,243 shares in the company, valued at approximately $1,742,949.01. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Spiros Maliagros also recently made the following trade(s):

• On Tuesday, August 13th, Spiros Maliagros sold 468 shares of AlTi Global stock. The shares were sold at an average price of $4.00, for a total value of $1,872.00.
• On Friday, August 9th, Spiros Maliagros sold 200 shares of AlTi Global stock. The stock was sold at an average price of $4.00, for a total value of $800.00.
• On Tuesday, August 6th, Spiros Maliagros sold 2,000 shares of AlTi Global stock. The stock was sold at an average price of $4.03, for a total value of $8,060.00.
• On Thursday, July 25th, Spiros Maliagros sold 1,800 shares of AlTi Global stock. The stock was sold at an average price of $5.01, for a total transaction of $9,018.00.
• On Tuesday, July 23rd, Spiros Maliagros sold 5,769 shares of AlTi Global stock. The shares were sold at an average price of $4.86, for a total value of $28,037.34.
• On Monday, July 15th, Spiros Maliagros sold 1,779 shares of AlTi Global stock. The stock was sold at an average price of $5.00, for a total transaction of $8,895.00.
• On Tuesday, July 9th, Spiros Maliagros sold 5,769 shares of AlTi Global stock. The stock was sold at an average price of $4.49, for a total transaction of $25,902.81.
• On Tuesday, July 2nd, Spiros Maliagros sold 5,769 shares of AlTi Global stock. The shares were sold at an average price of $4.74, for a total transaction of $27,345.06.
• On Wednesday, May 29th, Spiros Maliagros sold 14,134 shares of AlTi Global stock. The stock was sold at an average price of $5.04, for a total transaction of $71,235.36.

AlTi Global Stock Performance

ALTI opened at $4.12 on Thursday. The business has a fifty day simple moving average of $4.61 and a 200-day simple moving average of $5.02. The firm has a market cap of $494.43 million, a PE ratio of -2.25 and a beta of 0.71. The company has a quick ratio of 2.33, a current ratio of 2.33 and a debt-to-equity ratio of 0.23. AlTi Global, Inc. has a fifty-two week low of $3.56 and a fifty-two week high of $9.22.

Institutional Investors Weigh In On AlTi Global

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in AlTi Global by 213.4% in 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 period. Bank of New York Mellon Corp increased its stake in shares of AlTi Global by 89.9% in 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 acquiring an additional 50,379 shares during the last quarter. Simon Quick Advisors LLC purchased a new stake in shares of AlTi Global during the second quarter worth $214,000. Rhumbline Advisers boosted its position in AlTi Global by 109.2% during the second quarter. Rhumbline Advisers now owns 37,443 shares of the basic materials company’s stock valued at $195,000 after purchasing an additional 19,547 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in AlTi Global in the second quarter valued at about $76,000. 3.57% of the stock is currently owned by institutional investors and hedge funds.

About AlTi Global

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.