AlTi Global, Inc. (NASDAQ:ALTI – Get Free Report) CEO Michael Tiedemann bought 20,000 shares of AlTi Global stock in a transaction on Thursday, May 23rd. The shares were bought at an average cost of $4.52 per share, with a total value of $90,400.00. Following the acquisition, the chief executive officer now directly owns 472,514 shares in the company, valued at $2,135,763.28. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Michael Tiedemann also recently made the following trade(s):
- On Monday, May 20th, Michael Tiedemann bought 40,000 shares of AlTi Global stock. The shares were bought at an average cost of $4.54 per share, with a total value of $181,600.00.
- On Thursday, May 16th, Michael Tiedemann bought 60,000 shares of AlTi Global stock. The shares were bought at an average cost of $4.66 per share, with a total value of $279,600.00.
AlTi Global Stock Down 0.4 %
ALTI stock opened at $4.52 on Friday. The company has a quick ratio of 2.33, a current ratio of 2.33 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $542.44 million, a PE ratio of -2.47 and a beta of 0.69. AlTi Global, Inc. has a twelve month low of $4.07 and a twelve month high of $9.22. The stock has a 50-day simple moving average of $4.93 and a two-hundred day simple moving average of $6.30.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of ALTI. Caprock Group LLC grew its holdings in shares of AlTi Global by 11.3% during the first quarter. Caprock Group LLC now owns 38,928 shares of the basic materials company’s stock worth $220,000 after purchasing an additional 3,950 shares in the last quarter. Mesirow Financial Investment Management Inc. grew its holdings in shares of AlTi Global by 78.1% during the third quarter. Mesirow Financial Investment Management Inc. now owns 35,666 shares of the basic materials company’s stock worth $248,000 after purchasing an additional 15,642 shares in the last quarter. Swiss National Bank grew its holdings in shares of AlTi Global by 15.4% during the third quarter. Swiss National Bank now owns 51,067 shares of the basic materials company’s stock worth $355,000 after purchasing an additional 6,800 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of AlTi Global by 213.4% during the first quarter. Vanguard Group Inc. now owns 1,593,772 shares of the basic materials company’s stock worth $9,021,000 after purchasing an additional 1,085,308 shares in the last quarter. Hedge funds and other institutional investors own 3.57% of the company’s stock.
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.
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