Mark Furlong Buys Shares of AlTi Global, Inc.
Mark Furlong recently acquired 30,732 shares of AlTi Global, Inc.
Key Points
- On June 16, 2026, Mark Furlong purchased 30,732 shares of AlTi Global, Inc. (ALTI), trading at approximately $3.04 per share.
- AlTi Global, Inc. has a market cap of about $320 million and a forward P/E ratio of 6.57, with shares ranging from $2.75 to $5.45 over the past year.
- Other insiders, including Timothy Keaney and Andreas Wimmer, also bought shares recently, while analysts from Raymond James have set a $9.00 price target.
Mark Furlong recently bought 30,732 shares of AlTi Global, Inc. (NasdaqCM: ALTI) on June 16, 2026. The stock was trading around $3.04 at the time of the transaction.
Insider Buying and Selling at AlTi Global, Inc.
Several insiders have been active in acquiring shares of AlTi Global, Inc. Timothy Keaney purchased 53,684 shares on June 17, 2026. Andreas Wimmer and Ali Bouzarif each bought 34,737 shares on the same date. These transactions were not part of any pre-planned trading scheme.
Other Institutional Activity in AlTi Global, Inc.
Several institutional investors have also been making moves with AlTi Global, Inc. Allianz SE increased its position by 865,344 shares, bringing its total to 21,707,214 shares valued at about $78.6 million. On the other hand, BlackRock, Inc. trimmed its holdings by 38,857 shares, resulting in a total of 2,646,924 shares worth approximately $9.6 million. Vanguard Capital Management LLC initiated a position with 1,637,567 shares valued at $5.9 million. Geode Capital Management, LLC added 16,568 shares, bringing its total to 1,147,272 shares valued at $4.2 million.
AlTi Global, Inc. Stock Snapshot
Shares of AlTi Global, Inc. (NasdaqCM: ALTI) traded near $3.04. The company has a market cap of about $320 million and a forward P/E ratio of 6.57. Its beta is 0.725, indicating lower volatility than the market. The stock has traded between $2.75 and $5.45 over the past 52 weeks, with a 50-day moving average of $3.45 and a 200-day moving average of $3.95.
Analysts Set New Price Targets
Analyst firm Raymond James upgraded its rating for AlTi Global, Inc. to "buy" with a price target of $9.00 on January 25, 2024. The consensus among analysts is a "buy" recommendation, with a mean target price of $9.00 based on one analyst opinion.
About AlTi Global, Inc.
AlTi Global, Inc. is a financial services company headquartered in New York, providing wealth and asset management services globally. The firm offers investment management, advisory services, and trust services, alongside family office and administrative services. Founded in 1980, AlTi Global operates in various international markets, including Europe and Asia, under the leadership of CEO Nancy Curtin.
Bottom Line
Mark Furlong's recent purchase of shares in AlTi Global, Inc. is part of a broader trend of insider buying within the company. Investors often watch such moves for potential insights into the company's future prospects. As always, remember that insider transactions are reported after the fact and may not reflect current conditions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
