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 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ALTI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALTI, but not buy additional shares or sell existing shares. View ALTI analyst ratings or view top-rated stocks .

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

1 brokerages have issued twelve-month price objectives for AlTi Global's stock. Their ALTI share price targets range from $8.00 to $8.00. On average, they predict the company's stock price to reach $8.00 in the next twelve months. This suggests that the stock has a possible downside of 2.9%. View analysts price targets for ALTI or view top-rated stocks among Wall Street analysts .

How have ALTI shares performed in 2023?

AlTi Global's stock was trading at $8.00 at the start of the year. Since then, ALTI stock has increased by 3.0% and is now trading at $8.24. View the best growth stocks for 2023 here .

Are investors shorting AlTi Global?

AlTi Global saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 416,400 shares, an increase of 5.4% from the October 31st total of 395,100 shares. Based on an average daily volume of 38,200 shares, the days-to-cover ratio is currently 10.9 days. Currently, 1.6% of the shares of the stock are sold short. 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 Tuesday, February 13th 2024. View our ALTI earnings forecast .

Who are AlTi Global's major shareholders?

AlTi Global's stock is owned by many different retail and institutional investors. Top institutional shareholders include Northern Trust Corp (0.16%), Charles Schwab Investment Management Inc. (0.15%), Swiss National Bank (0.04%), Mesirow Financial Investment Management Inc. (0.03%), Legal & General Group Plc (0.02%) and UBS Group AG (0.01%). Insiders that own company stock include Bertrand P Grabowski 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

AlTi Global Stock Price, News & Analysis (NASDAQ:ALTI)

$8.24

+0.15 (+1.85%)

(As of 10:52 AM ET)

Compare

Today's Range: $8.10
▼
$8.30
50-Day Range: $6.12
▼
$8.58
52-Week Range: $3.88
▼
$27.50

Volume: 8,447 shs
Average Volume: 97,659 shs
Market Capitalization: $972.24 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.00

AlTi Global MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 2.9% Downside
$8.00 Price Target
Short Interest: Bearish
1.55% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.39
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 1,266.67%
From $0.03 to $0.41 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.26 out of 5 stars

Finance Sector

831st out of 856 stocks

Investment Advice Industry

46th out of 46 stocks

1.0

Analyst's Opinion

Consensus Rating
AlTi Global has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.00, AlTi Global has a forecasted downside of 2.9% from its current price of $8.24.
Amount of Analyst Coverage
AlTi Global has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
1.55% of the float of AlTi Global has been sold short.
Short Interest Ratio / Days to Cover
AlTi Global has a short interest ratio ("days to cover") of 10.9, which indicates bearish sentiment.
Change versus previous month
Short interest in AlTi Global has recently increased by 5.39%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
AlTi Global does not currently pay a dividend.
Dividend Growth
AlTi Global does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ALTI.

1.9

News and Social Media Coverage

News Sentiment
AlTi Global has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for AlTi Global this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AlTi Global insiders have not sold or bought any company stock.
Percentage Held by Insiders
27.50% of the stock of AlTi Global is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 9.02% of the stock of AlTi Global is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for AlTi Global are expected to grow by 1,266.67% in the coming year, from $0.03 to $0.41 per share.
Price to Book Value per Share Ratio
AlTi Global has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About AlTi Global Stock (NASDAQ:ALTI)

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. It also provides merchant banking services, such as merger and acquisition advisory, corporate broker, private placements, public company and initial public offering advisory, strategic advisory, independent board advice, and structured finance advisory services; and corporate advisory, brokerage, and placement agency services to entrepreneurs and companies. The company offers investment strategy, asset allocation, investment manager selection, risk management, portfolio construction and implementation, and reporting. In addition, it 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, as well as provides impact investing advisory, investment manager selection, monitoring, and due diligence services. Further, the company offers coordination of legal-related and strategic business planning, wealth transfer planning, estate planning, research on trustee placement and multi-generational education planning, administrative, tax planning and concierge, and other services. 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

30 days | 90 days | 365 days | Advanced Chart

ALTI Stock News Headlines

November 26, 2023 | americanbankingnews.com

AlTi Global (NASDAQ:ALTI) Stock Price Down 3.7%

November 24, 2023 | americanbankingnews.com

AlTi Global (NASDAQ:ALTI) Shares Gap Up to $7.73

November 29, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 20, 2023 | finance.yahoo.com

AlTi Global, Inc. (NASDAQ:ALTI) Q3 2023 Earnings Call Transcript

November 15, 2023 | finance.yahoo.com

Q3 2023 AlTi Global, Inc Earnings Call

November 15, 2023 | seekingalpha.com

AlTi Global, Inc. 2023 Q3 - Results - Earnings Call Presentation

November 14, 2023 | businesswire.com

AlTi Global, Inc. Reports Third Quarter 2023 Financial Results

November 8, 2023 | finance.yahoo.com

AlTi Global, Inc. to Participate in JMP Securities Financial Services Conference

November 29, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 2, 2023 | finance.yahoo.com

AlTi Global, Inc. to Participate in Wolfe Research Wealth Symposium

October 23, 2023 | finance.yahoo.com

AlTi Global, Inc. to Announce Third Quarter 2023 Financial Results

September 23, 2023 | barrons.com

AlTi Global Inc.

August 26, 2023 | msn.com

AlTi's Curtin on Global Markets

August 21, 2023 | finance.yahoo.com

Fixed-Wing VTOL UAV Market Analysis and Forecast Report 2023-2030

August 19, 2023 | seekingalpha.com

AlTi Global, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 18, 2023 | finance.yahoo.com

AlTi Global, Inc. to Participate in Barclays Global Financial Services Conference

August 16, 2023 | finance.yahoo.com

AlTi Global Reports Second Quarter 2023 Earnings

August 15, 2023 | msn.com

AlTi Global Non-GAAP EPS of $0.01 misses by $0.09, revenue of $51.88M misses by $17.42M

August 15, 2023 | finance.yahoo.com

AlTi Global, Inc. Reports Second Quarter 2023 Financial Results

August 8, 2023 | bloomberg.com

Markets, Banks, UPS, and Novo

August 8, 2023 | finance.yahoo.com

AlTi Global, Inc. to Announce Second Quarter 2023 Financial Results

July 7, 2023 | theglobeandmail.com

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating AlTi Global, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

June 29, 2023 | finance.yahoo.com

AlTi Announces Board Appointment

June 21, 2023 | morningstar.com

AlTi Global Inc Ordinary Shares - Class A

June 16, 2023 | thestreet.com

Latest CFO Moves

June 7, 2023 | finance.yahoo.com

AlTi Global, Inc. Announces Completion of Exchange Offer and Consent Solicitation and Notice of Exercise Right to Mandatorily Exchange Remaining Outstanding Warrants

June 5, 2023 | finance.yahoo.com

AlTi Global, Inc. Announces Expiration and Results of Exchange Offer and Consent Solicitation Relating to Its Warrants

See More Headlines

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Company Calendar

Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/13/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Investment advice
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:ALTI
CUSIP: N/A
CIK: 1016546
Web: www.cartesiangrowth.com
Phone: 212-396-5904
Fax: N/A
Employees: 470
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.00
High Stock Price Target: $8.00
Low Stock Price Target: $8.00
Potential Upside/Downside: -1.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $8.78 million
Net Margins: N/A
Pretax Margin: -233.18%
Return on Equity: 12.37%
Return on Assets: 7.87%

Debt

Debt-to-Equity Ratio: 0.20
Current Ratio: 0.68
Quick Ratio: 0.68

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: $0.89 per share
Price / Cash Flow: 9.12
Book Value: $7.17 per share
Price / Book: 1.13

Miscellaneous

Outstanding Shares: 117,990,000
Free Float: 85,543,000
Market Cap: $954.54 million
Optionable: Not Optionable
Beta: 0.49

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Key Executives

Mr. Michael Glenn Tiedemann (Age 51)
CEO & Director
Comp: $1.07M
Mr. Kevin Patirck Moran J.D. (Age 45)
Chief Operating Officer
Comp: $807k
Mr. Stephen D. Yarad (Age 53)
CFO & Treasurer
Ms. Nancy Ann Curtin (Age 65)
CIO & Director
Ms. Lily Arteaga
Head of Investor Relations
Ms. Colleen Ann Graham (Age 57)
Global General Counsel
Ms. Claire Verdirame
Chief Marketing Officer
Ms. Alison Trauttmansdorff (Age 52)
Chief Human Resources Officer
Mr. Jed Emerson (Age 63)
Chief Impact Officer
Ms. Laurie A. Birrittella (Age 56)
Chief Administration Officer of Asset Management

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ALTI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALTI, but not buy additional shares or sell existing shares.
View ALTI analyst ratings or view top-rated stocks.
What is AlTi Global's stock price target for 2024?: 1 brokerages have issued twelve-month price objectives for AlTi Global's stock. Their ALTI share price targets range from $8.00 to $8.00. On average, they predict the company's stock price to reach $8.00 in the next twelve months. This suggests that the stock has a possible downside of 2.9%.
View analysts price targets for ALTI or view top-rated stocks among Wall Street analysts.
How have ALTI shares performed in 2023?: AlTi Global's stock was trading at $8.00 at the start of the year. Since then, ALTI stock has increased by 3.0% and is now trading at $8.24.
View the best growth stocks for 2023 here.
Are investors shorting AlTi Global?: AlTi Global saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 416,400 shares, an increase of 5.4% from the October 31st total of 395,100 shares. Based on an average daily volume of 38,200 shares, the days-to-cover ratio is currently 10.9 days. Currently, 1.6% of the shares of the stock are sold short.
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 Tuesday, February 13th 2024.
View our ALTI earnings forecast.
Who are AlTi Global's major shareholders?: AlTi Global's stock is owned by many different retail and institutional investors. Top institutional shareholders include Northern Trust Corp (0.16%), Charles Schwab Investment Management Inc. (0.15%), Swiss National Bank (0.04%), Mesirow Financial Investment Management Inc. (0.03%), Legal & General Group Plc (0.02%) and UBS Group AG (0.01%). Insiders that own company stock include Bertrand P Grabowski 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:ALTI) was last updated on 11/29/2023 by MarketBeat.com Staff

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