AlTi Global Inc’s recent filing unveils that its Officer Maliagros Spiros acquired Company’s shares for reported $24407.0 on Dec 24 ’24. In the deal valued at $4.23 per share,5,769 shares were bought.
Then, Maliagros Spiros bought 5,769 shares, generating $25,814 in total proceeds.
Before that, TIEDEMANN ADVISORS, LLC bought 387,254 shares. AlTi Global Inc shares valued at $3,899,996 were divested by the 10% Owner at a price of $10.07 per share. As a result of the transaction, TIEDEMANN ADVISORS, LLC now holds 5,517,946 shares, worth roughly $22.57 million.
Raymond James upgraded its AlTi Global Inc [ALTI] rating to a Strong buy from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in mid July from “a Strong buy” to “a Mkt perform”. Raymond James began covering ALTI with “Strong buy” recommendation on May 02, 2023.
Price Performance Review of ALTI
On Friday, AlTi Global Inc [NASDAQ:ALTI] saw its stock jump 2.00% to $4.09. Over the last five days, the stock has gained 1.24%. AlTi Global Inc shares have fallen nearly -7.26% since the year began. Nevertheless, the stocks have fallen -33.60% over the past one year. While a 52-week high of $7.38 was reached on 01/02/25, a 52-week low of $3.47 was recorded on 01/17/25. SMA at 50 days reached $4.40, while 200 days put it at $4.43.
Levels Of Support And Resistance For ALTI Stock
The 24-hour chart illustrates a support level at 3.99, which if violated will result in even more drops to 3.88. On the upside, there is a resistance level at 4.16. A further resistance level may holdings at 4.22. The Relative Strength Index (RSI) on the 14-day chart is 43.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.11%. Stochastics %K at 20.32% indicates the stock is a holding.
How much short interest is there in AlTi Global Inc?
A steep rise in short interest was recorded in AlTi Global Inc stocks on 2024-12-31, growing by 0.15 million shares to a total of 1.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.0 million shares. There was a rise of 13.12%, which implies that there is a positive sentiment for the stock.
