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

AlTi Global, Inc. (NASDAQ:ALTI) insider Spiros Maliagros sold 5,769 shares of the stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of $4.47, for a total transaction of $25,787.43. Following the completion of the sale, the insider now directly owns 405,167 shares of the company’s stock, valued at approximately $1,811,096.49. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, September 9th, Spiros Maliagros sold 5,612 shares of AlTi Global stock. The shares were sold at an average price of $4.04, for a total transaction of $22,672.48.
• On Tuesday, August 27th, Spiros Maliagros sold 5,769 shares of AlTi Global stock. The stock was sold at an average price of $4.25, for a total transaction of $24,518.25.
• On Tuesday, August 20th, Spiros Maliagros sold 5,769 shares of AlTi Global stock. The shares were 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 stock was 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 shares were sold at an average price of $4.00, for a total value of $1,872.00.
• On Friday, August 9th, Spiros Maliagros sold 200 shares of AlTi Global stock. The shares were sold at an average price of $4.00, for a total value of $800.00.
• On Tuesday, August 6th, Spiros Maliagros sold 2,000 shares of AlTi Global stock. The stock was 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 shares were 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 transaction of $8,895.00.

AlTi Global Stock Up 0.9 %

NASDAQ:ALTI opened at $4.49 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.57 and a current ratio of 1.57. The company has a market capitalization of $538.84 million, a price-to-earnings ratio of -2.45 and a beta of 0.68. AlTi Global, Inc. has a one year low of $3.54 and a one year high of $9.22. The stock has a 50-day simple moving average of $4.29 and a 200 day simple moving average of $4.77.

AlTi Global (NASDAQ:ALTI) last issued its earnings results on Friday, August 9th. The basic materials company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.02). The firm had revenue of $49.45 million during the quarter, compared to analyst estimates of $51.80 million. AlTi Global had a positive return on equity of 7.36% and a negative net margin of 50.54%. Sell-side analysts predict that AlTi Global, Inc. will post -0.02 EPS for the current fiscal year.

Institutional Trading of AlTi Global

Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in shares of 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 valued at $9,021,000 after buying an additional 1,085,308 shares during the period. Swiss National Bank boosted its stake in AlTi Global by 9.4% in the fourth quarter. Swiss National Bank now owns 55,867 shares of the basic materials company’s stock valued at $489,000 after acquiring an additional 4,800 shares during the period. Simon Quick Advisors LLC acquired a new position in AlTi Global in the second quarter valued at approximately $214,000. The Manufacturers Life Insurance Company bought a new position in shares of AlTi Global during the second quarter valued at approximately $76,000. Finally, Rhumbline Advisers raised its position in shares of AlTi Global by 109.2% during the 2nd quarter. Rhumbline Advisers now owns 37,443 shares of the basic materials company’s stock worth $195,000 after purchasing an additional 19,547 shares during the period. Institutional investors 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.