AlTi Global, Inc. (NASDAQ:ALTI – Get Free Report) major shareholder Tiedemann Advisors, Llc purchased 257,824 shares of the stock in a transaction dated Thursday, August 1st. The stock was purchased at an average price of $10.08 per share, with a total value of $2,598,865.92. Following the completion of the acquisition, the insider now directly owns 5,777,438 shares in the company, valued at approximately $58,236,575.04. The trade was a 4.67 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 10% 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 purchased 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. AlTi Global, Inc. has a twelve month low of $3.47 and a twelve month high of $9.22. The company has a current ratio of 4.05, a quick ratio of 4.05 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $632.01 million, a price-to-earnings ratio of -2.58 and a beta of 0.72. The business has a 50 day simple moving average of $4.25 and a 200-day simple moving average of $4.39.
Institutional Inflows and Outflows
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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