NASDAQ:ALTI

AlTi Global (ALTI) Stock Price, News & Analysis

$4.78
+0.18 (+3.91%)
(As of 05/1/2024 ET)
Today's Range
$4.52
$4.86
50-Day Range
$4.40
$7.05
52-Week Range
$3.88
$9.22
Volume
57,686 shs
Average Volume
123,749 shs
Market Capitalization
$570.40 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

AlTi Global MarketRank™ Stock Analysis

Analyst Rating
Strong Buy
4.00 Rating Score
Upside/​Downside
87.5% Upside
$9.00 Price Target
Short Interest
Bearish
2.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.19mentions of AlTi Global in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$238,750 Bought Last Quarter
Proj. Earnings Growth
103.70%
From $0.27 to $0.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.15 out of 5 stars

Financial Services Sector

37th out of 47 stocks

Asset Management Industry

2nd out of 5 stocks

ALTI stock logo

About AlTi Global Stock (NASDAQ:ALTI)

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. It also provides trust and administration services, such as entity formation and management; creating or modifying trust instruments and administrative practices to meet beneficiary needs; corporate, trustee-executor, and fiduciary services; provision of directors and company secretarial services; administering entity ownership of intellectual property rights; advisory and administration services in connection with investments in marine and aviation assets; and administering entity ownership of fine art and collectibles. In addition, the company offers family office services comprising bookkeeping and back office services, private foundation management and grant making, oversight of trust administration, financial tracking and reporting, cash flow management and bill pay, and other financial services, as well as clients estate and wealth planning, family governance and education, and philanthropic and strategic services. It also provides ancillary fund management services, including investments, financial planning and strategy, sales and marketing, and back and middle office infrastructure and administration. The company offers strategic advisory, corporate advisory, brokerage, and placement agency services; structures, arranges, and provides investors with co-investment opportunities in various alternative assets; manages and advises public and private investment funds, as well as alternatives platform. The company was formerly known as Alvarium Tiedemann Holdings, Inc. and changed its name to AlTi Global, Inc. in April 2023. The company is based in New York, New York.

ALTI Stock Price History

ALTI Stock News Headlines

AlTi Global, Inc. (NASDAQ:ALTI) Short Interest Update
READ THIS – If You Missed Out On The AI Boom
Adam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”
AlTi Global (NASDAQ:ALTI) Trading Down 4.4%
AlTi Global (ALTI) versus Its Peers Critical Comparison
READ THIS – If You Missed Out On The AI Boom
Adam’s research shows a radical new technology is set to grow 10X faster than the internet … and drastically alter manufacturing, healthcare, agriculture … even energy. Nvidia’s CEO said it will be, “flat out, the biggest [tech] revolution ever.”
Energy Stocks Soar as Market Heats Up
AlTi snaps up East End Advisors
AlTi Global's Earnings: A Preview
See More Headlines
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Company Calendar

Last Earnings
3/15/2024
Today
5/01/2024
Next Earnings (Confirmed)
5/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Current Symbol
NASDAQ:ALTI
Fax
N/A
Employees
480
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$9.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+87.5%
Consensus Rating
Strong Buy
Rating Score (0-4)
4.00
Research Coverage
1 Analysts

Profitability

Net Income
$-162,610,000.00
Pretax Margin
-126.09%

Debt

Sales & Book Value

Annual Sales
$250.88 million
Book Value
$6.66 per share

Miscellaneous

Free Float
86,514,000
Market Cap
$572.78 million
Optionable
Not Optionable
Beta
0.60
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Key Executives

  • Mr. Michael Glenn Tiedemann (Age 52)
    CEO & Director
    Comp: $616.5k
  • Mr. Stephen D. Yarad (Age 54)
    CFO & Treasurer
    Comp: $908.3k
  • Ms. Nancy Ann Curtin (Age 66)
    Global CIO & Director
  • Mr. Spiros Maliagros (Age 47)
    Head of Alternatives & Director
  • Mr. Brooke Bayard Connell (Age 52)
    President of US Wealth Management
    Comp: $565.83k
  • Mr. Kevin Patirck Moran J.D. (Age 46)
    President & COO
    Comp: $807k
  • Ms. Lily Arteaga
    Head of Investor Relations
  • Ms. Colleen Ann Graham (Age 58)
    Global General Counsel
  • Ms. Claire Verdirame
    Chief Marketing Officer
  • Mr. Jed Emerson (Age 64)
    Chief Impact Officer

ALTI Stock Analysis - Frequently Asked Questions

Should I buy or sell AlTi Global stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AlTi Global in the last year. There are currently 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "strong buy" ALTI shares.
View ALTI analyst ratings
or view top-rated stocks.

What is AlTi Global's stock price target for 2024?

1 Wall Street analysts have issued 1-year price objectives for AlTi Global's stock. Their ALTI share price targets range from $9.00 to $9.00. On average, they expect the company's share price to reach $9.00 in the next year. This suggests a possible upside of 87.5% from the stock's current price.
View analysts price targets for ALTI
or view top-rated stocks among Wall Street analysts.

How have ALTI shares performed in 2024?

AlTi Global's stock was trading at $8.76 at the beginning of the year. Since then, ALTI shares have decreased by 45.2% and is now trading at $4.80.
View the best growth stocks for 2024 here
.

Are investors shorting AlTi Global?

AlTi Global saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 780,800 shares, an increase of 15.7% from the March 31st total of 675,100 shares. Based on an average trading volume of 138,900 shares, the days-to-cover ratio is presently 5.6 days. Approximately 2.4% of the company's shares are short sold.
View AlTi Global's Short Interest
.

When is AlTi Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our ALTI earnings forecast
.

How can I listen to AlTi Global's earnings call?

AlTi Global will be holding an earnings conference call on Friday, May 10th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671.

How were AlTi Global's earnings last quarter?

AlTi Global, Inc. (NASDAQ:ALTI) released its earnings results on Friday, March, 15th. The basic materials company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.15. The basic materials company had revenue of $91.71 million for the quarter, compared to analysts' expectations of $66.80 million. AlTi Global had a negative net margin of 67.99% and a positive trailing twelve-month return on equity of 7.77%.

Who are AlTi Global's major shareholders?

AlTi Global's stock is owned by a variety of institutional and retail investors. Top institutional investors include Caprock Group LLC (0.03%). Insiders that own company stock include Bertrand P Grabowski, Brooke Connell, Cayman Holdings Ilwaddi, Mark F Furlong and Peter Yu.
View institutional ownership trends
.

How do I buy shares of AlTi Global?

Shares of ALTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ALTI) was last updated on 5/1/2024 by MarketBeat.com Staff

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