AlTi Global (ALTI) to Release Earnings on Friday

AlTi Global (NASDAQ:ALTI) is scheduled to announce its earnings results before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

AlTi Global (NASDAQ:ALTI) last posted its quarterly earnings results on Friday, August 9th. The basic materials company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.02). AlTi Global had a negative net margin of 50.54% and a positive return on equity of 7.36%. The business had revenue of $49.45 million during the quarter, compared to analysts’ expectations of $51.80 million. On average, analysts expect AlTi Global to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

AlTi Global Trading Down 0.5 %

NASDAQ ALTI opened at $4.08 on Friday. The company has a 50-day moving average of $3.97 and a 200-day moving average of $4.42. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.57 and a quick ratio of 1.57. AlTi Global has a 12 month low of $3.47 and a 12 month high of $9.22. The company has a market cap of $570.49 million, a P/E ratio of -1.80 and a beta of 0.67.

Insider Buying and Selling

In other news, major shareholder Holdings Ilwaddi bought 27,515 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The shares were acquired at an average cost of $3.79 per share, with a total value of $104,281.85. Following the transaction, the insider now owns 18,012,099 shares of the company’s stock, valued at $68,265,855.21. This represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. In other AlTi Global news, major shareholder Holdings Ilwaddi bought 27,515 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average price of $3.79 per share, with a total value of $104,281.85. Following the transaction, the insider now owns 18,012,099 shares in the company, valued at $68,265,855.21. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO Kevin P. Moran sold 137,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $4.00, for a total transaction of $550,000.00. Following the completion of the transaction, the chief operating officer now owns 27,637 shares in the company, valued at $110,548. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders purchased 68,597 shares of company stock valued at $269,227 and sold 167,067 shares valued at $673,109. 22.14% of the stock is currently owned by company insiders.

AlTi Global Company Profile

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.