The price of Alvarium Tiedemann Holdings Inc. (NASDAQ:ALTI) shares last traded on Wall Street rose 9.05% to $12.65.
ALTI stock price is now 33.32% away from the 50-day moving average and 29.00% away from the 200-day moving average. The market capitalization of the company currently stands at $1.31B.
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In other news, Yu Peter, Director bought 25,000 shares of the company’s stock on Jan 23. The stock was bought for $237,500 at an average price of $9.50. Upon completion of the transaction, the Director now directly owns 6,459,292 shares in the company, valued at $81.71 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 20, Director Karp Daniel Jeremy sold 12,500 shares of the business’s stock. A total of $118,750 was realized by selling the stock at an average price of $9.50. This leaves the insider owning 12,500 shares of the company worth $0.16 million. Insiders disposed of 865,000 shares of company stock worth roughly $10.94 million over the past 1 year. A total of 60.80% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ALTI stock. A new stake in Alvarium Tiedemann Holdings Inc. shares was purchased by QUARRY LP during the first quarter worth $2,214,000. JANE STREET GROUP, LLC invested $1,412,000 in shares of ALTI during the first quarter. In the first quarter, CLEAR STREET LLC acquired a new stake in Alvarium Tiedemann Holdings Inc. valued at approximately $924,000. CUBIST SYSTEMATIC STRATEGIES, LLC acquired a new stake in ALTI for approximately $402,000. In total, there are 77 active investors with 96.60% ownership of the company’s stock.
A candlestick chart of Alvarium Tiedemann Holdings Inc. (NASDAQ: ALTI) showed a price of $11.83 on Friday morning. During the past 12 months, Alvarium Tiedemann Holdings Inc. has had a low of $5.54 and a high of $28.49. As of last week, the company has a debt-to-equity ratio of 0.38, a current ratio of 1.80, and a quick ratio of 1.80. The fifty day moving average price for ALTI is $9.56 and a two-hundred day moving average price translates $9.83 for the stock.
Alvarium Tiedemann Holdings Inc.(ALTI) Company Profile
Alvarium Tiedemann Holdings, Inc. provides wealth and asset management services to individuals, families, foundations, and institutions in the United States and internationally. The company offers discretionary investment management, non-discretionary investment advisory, trust, administration, and family office services; and merchant banking, corporate advisory, brokerage, and placement agency services to entrepreneurs and companies. It also manages or advises in combined assets; structures, arranges, and provides investors with co-investment opportunities in various alternative assets; manages and advises public and private investment funds; and invests in and supports financial services professionals. The company is based in New York, New York.
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