AlTi Global, Inc. (NASDAQ:ALTI) Insider Spiros Maliagros Sells 5,769 Shares of Stock

AlTi Global, Inc. (NASDAQ:ALTI) insider Spiros Maliagros sold 5,769 shares of AlTi Global stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $4.25, for a total value of $24,518.25. Following the completion of the transaction, the insider now owns 422,474 shares of the company’s stock, valued at $1,795,514.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Tuesday, August 20th, Spiros Maliagros sold 5,769 shares of AlTi Global stock. The stock was sold at an average price of $4.04, for a total value of $23,306.76.
• On Friday, August 16th, Spiros Maliagros sold 2,464 shares of AlTi Global stock. The shares were sold at an average price of $4.07, for a total value of $10,028.48.
• On Tuesday, August 13th, Spiros Maliagros sold 468 shares of AlTi Global stock. The stock was sold at an average price of $4.00, for a total transaction 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 transaction of $800.00.
• On Tuesday, August 6th, Spiros Maliagros sold 2,000 shares of AlTi Global stock. The shares were sold at an average price of $4.03, for a total transaction 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 stock was sold at an average price of $4.86, for a total transaction of $28,037.34.
• On Monday, July 15th, Spiros Maliagros sold 1,779 shares of AlTi Global stock. The shares were sold at an average price of $5.00, for a total value 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 value 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 value of $27,345.06.

AlTi Global Stock Performance

NASDAQ ALTI traded down $0.06 during trading hours on Friday, hitting $3.96. The company had a trading volume of 8,336 shares, compared to its average volume of 140,288. 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 cap of $475.23 million, a P/E ratio of -2.20 and a beta of 0.71. AlTi Global, Inc. has a fifty-two week low of $3.56 and a fifty-two week high of $9.22. The business has a fifty day simple moving average of $4.55 and a 200-day simple moving average of $4.98.

Hedge Funds Weigh In On AlTi Global

Several institutional investors have recently modified their holdings of the company. Swiss National Bank boosted its stake in AlTi Global by 9.4% during the 4th quarter. Swiss National Bank now owns 55,867 shares of the basic materials company’s stock valued at $489,000 after purchasing an additional 4,800 shares during the period. Caprock Group LLC grew its holdings in AlTi Global by 11.3% in the 1st quarter. Caprock Group LLC now owns 38,928 shares of the basic materials company’s stock worth $220,000 after buying an additional 3,950 shares in the last quarter. Vanguard Group Inc. grew its holdings 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 worth $9,021,000 after buying an additional 1,085,308 shares in the last quarter. Bank of New York Mellon Corp increased its position in AlTi Global by 89.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 106,440 shares of the basic materials company’s stock valued at $555,000 after acquiring an additional 50,379 shares during the period. Finally, Rhumbline Advisers raised its stake in AlTi Global by 109.2% during the 2nd quarter. Rhumbline Advisers now owns 37,443 shares of the basic materials company’s stock valued at $195,000 after acquiring an additional 19,547 shares in the last quarter. 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.