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

Posted by Teresa Graham on Aug 29th, 2024

AlTi Global, Inc. (NASDAQ:ALTI – Get Free Report) insider Spiros Maliagros sold 5,769 shares of AlTi Global stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $4.25, for a total transaction of $24,518.25. Following the completion of the transaction, the insider now owns 422,474 shares in the company, valued at $1,795,514.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 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 stock was 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 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 shares were 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 value 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 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 transaction of $27,345.06.

AlTi Global Price Performance

ALTI stock traded down $0.13 during trading on Thursday, reaching $3.99. 29,533 shares of the company were exchanged, compared to its average volume of 140,779. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.33 and a current ratio of 2.33. The stock’s 50 day moving average price is $4.57 and its 200 day moving average price is $4.99. AlTi Global, Inc. has a 52-week low of $3.56 and a 52-week high of $9.22. The company has a market cap of $478.83 million, a P/E ratio of -2.25 and a beta of 0.71.

Institutional Investors Weigh In On AlTi Global

Several institutional investors have recently modified their holdings of ALTI. Vanguard Group Inc. grew its holdings in AlTi Global by 213.4% in the first quarter. Vanguard Group Inc. now owns 1,593,772 shares of the basic materials company’s stock valued at $9,021,000 after purchasing an additional 1,085,308 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of 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 worth $555,000 after buying an additional 50,379 shares in the last quarter. Simon Quick Advisors LLC acquired a new stake in AlTi Global in the 2nd quarter valued at about $214,000. Rhumbline Advisers increased its holdings 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. Finally, The Manufacturers Life Insurance Company acquired a new position in AlTi Global during the second quarter worth about $76,000. Hedge funds and other institutional investors own 3.57% of the company’s stock.

About AlTi Global

(Get Free Report)

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.