AlTi Global, Inc. (NASDAQ:ALTI - Get Free Report) insider Brooke Connell sold 15,000 shares of the stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $5.07, for a total transaction of $76,050.00. Following the transaction, the insider now owns 190,772 shares in the company, valued at approximately $967,214.04. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
AlTi Global Trading Up 4.3 %
Shares of NASDAQ ALTI opened at $5.13 on Friday. The business's 50-day simple moving average is $5.89 and its 200-day simple moving average is $6.80. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.84 and a quick ratio of 0.84. AlTi Global, Inc. has a 52 week low of $3.88 and a 52 week high of $12.33.
Institutional Investors Weigh In On AlTi Global
A number of large investors have recently added to or reduced their stakes in ALTI. Citigroup Inc. acquired a new stake in shares of AlTi Global in the first quarter worth $56,000. Cubist Systematic Strategies LLC acquired a new position in AlTi Global in the 1st quarter valued at $63,000. Deutsche Bank AG bought a new position in AlTi Global in the 3rd quarter worth $57,000. Wells Fargo & Company MN lifted its position in AlTi Global by 5,430.2% during the 2nd quarter. Wells Fargo & Company MN now owns 8,793 shares of the basic materials company's stock worth $67,000 after acquiring an additional 8,634 shares during the last quarter. Finally, Barclays PLC bought a new stake in AlTi Global during the first quarter valued at about $116,000. Institutional investors own 3.57% of the company's stock.
Analysts Set New Price Targets
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Separately, Raymond James upgraded shares of AlTi Global from a "market perform" rating to a "strong-buy" rating and set a $9.00 price objective for the company in a report on Thursday, January 25th.
Get Our Latest Stock Analysis on ALTI
AlTi Global Company Profile
(
Get Free Report)
AlTi Global, Inc provides wealth and asset management services individuals, families, foundations, and institutions in the United States and internationally. The company offers discretionary investment management, non-discretionary investment advisory, trust, and administration services, as well as family office services comprising wealth transfer planning, multi-generational education planning, wealth and asset strategy, trust and fiduciary, chief financial officers and outsourced family office, philanthropy, and lifestyle and special projects services.
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