Insider Selling: AlTi Global, Inc. (NASDAQ:ALTI) Insider Sells $24,518.25 in Stock

AlTi Global, Inc. (NASDAQ:ALTI) insider Spiros Maliagros sold 5,769 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $4.25, for a total value of $24,518.25. Following the completion of the sale, the insider now owns 422,474 shares of the company’s stock, valued at $1,795,514.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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 transaction 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 value 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 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 shares were 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 stock was sold at an average price of $4.74, for a total transaction of $27,345.06.

AlTi Global Price Performance

Shares of ALTI opened at $4.02 on Friday. The firm has a 50 day simple moving average of $4.51 and a two-hundred day simple moving average of $4.97. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.57 and a current ratio of 1.57. AlTi Global, Inc. has a one year low of $3.56 and a one year high of $9.22.

Hedge Funds Weigh In On AlTi Global

A number of institutional investors have recently modified their holdings of ALTI. The Manufacturers Life Insurance Company bought a new position in AlTi Global in the second quarter valued at about $76,000. Rhumbline Advisers boosted its stake in shares of AlTi Global by 109.2% in the 2nd 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 in the last quarter. Caprock Group LLC grew its holdings in shares of AlTi Global by 11.3% during the 1st quarter. Caprock Group LLC now owns 38,928 shares of the basic materials company’s stock valued at $220,000 after purchasing an additional 3,950 shares during the last quarter. Simon Quick Advisors LLC acquired a new position in AlTi Global during the 2nd quarter worth approximately $214,000. Finally, Swiss National Bank lifted its stake in AlTi Global by 9.4% in 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 last quarter. Institutional investors and hedge funds own 3.57% of the company’s stock.

AlTi Global Company Profile

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.