Mark Furlong Sells Shares of AlTi Global, Inc.
Mark Furlong sold 30,732 shares of AlTi Global on June 16, 2026.
Key Points
- Mark Furlong sold 30,732 shares of AlTi Global, Inc. on June 16, 2026.
- AlTi Global, Inc. trades on NasdaqCM with a market cap of $320 million and a forward P/E of 6.57.
- Raymond James upgraded AlTi Global to a 'buy' with a $9 target on January 25, 2024.
Mark Furlong sold 30,732 shares of AlTi Global, Inc. on June 16, 2026. The transaction was disclosed in a filing with the NasdaqCM exchange. AlTi Global's stock was trading around $3.04 at the time.
Insider Buying and Selling at AlTi Global, Inc.
On June 16, 2026, Mark Furlong sold 30,732 shares of AlTi Global, Inc. This transaction was not part of a pre-planned trading program. The sale did not specify any particular price or value for the shares.
Other Institutional Activity in AlTi Global, Inc.
In recent institutional activity, Allianz SE increased its holdings in AlTi Global by 865,344 shares, bringing its total to 21,707,214 shares, valued at approximately $78.58 million. BlackRock, Inc. trimmed its position by 38,857 shares, leaving it with 2,646,924 shares worth about $9.58 million. Vanguard Capital Management LLC opened a new position with 1,637,567 shares valued at $5.93 million. Geode Capital Management, LLC added 16,568 shares, totaling 1,147,272 shares valued at $4.15 million. State Street Corp increased its stake by 59,450 shares, holding 835,708 shares worth $3.03 million.
AlTi Global, Inc. Stock Snapshot
Shares of NasdaqCM:ALTI traded near $3.04. AlTi Global, Inc. has a market cap of $320 million and a forward P/E ratio of 6.57. The stock's beta is 0.73, indicating lower volatility relative to the market. It has a 52-week low of $2.75 and a high of $5.45, with a 50-day moving average of $3.45 and a 200-day moving average of $3.95. The company's current ratio is 1.10, with a quick ratio of 0.997 and a debt-to-equity ratio of 8.59.
Analysts Set New Price Targets
On January 25, 2024, Raymond James upgraded AlTi Global, Inc. to a 'buy' rating with a price target of $9. The consensus among analysts also suggests a target mean price of $9, with one analyst providing an opinion.
About AlTi Global, Inc.
AlTi Global, Inc. offers wealth and asset management services across various countries, including the United States, the United Kingdom, and Switzerland. Based in New York, the company provides a range of financial services, including investment management, trust services, and family office services. It also engages in international real estate services and offers a platform for alternative investments. Founded in 1980, AlTi Global is led by CEO Ms. Nancy Curtin and employs around 490 people.
Bottom Line
Mark Furlong's recent sale of shares in AlTi Global, Inc. is part of ongoing insider transactions. Investors often watch these moves for insights into company leadership's outlook. AlTi Global's shares trade on the NasdaqCM, and the company has a notable presence in the asset management sector. Remember, 13F filings and insider transactions are backward-looking and may not reflect the current position or sentiment.
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.
