News

We provide the latest news
from the world of economics and finance

24 February
AlTi Global (ALTI) Price Target Increased by 12.50% to 9.18

The average one-year price target for AlTi Global (NasdaqCM:ALTI) has been revised to 9.18 / share. This is an increase of 12.50% from the prior estimate of 8.16 dated July 5, 2023.

The price target is an average of many targets provided by analysts. The latest targets range from a low of 9.09 to a high of 9.45 / share. The average price target represents an increase of 55.33% from the latest reported closing price of 5.91 / share.

What is the Fund Sentiment?

There are 116 funds or institutions reporting positions in AlTi Global. This is an increase of 7 owner(s) or 6.42% in the last quarter. Average portfolio weight of all funds dedicated to ALTI is 0.01%, a decrease of 66.58%. Total shares owned by institutions increased in the last three months by 16.95% to 4,596K shares.

What are Other Shareholders Doing?

Geode Capital Management holds 536K shares representing 0.83% ownership of the company. In it's prior filing, the firm reported owning 475K shares, representing an increase of 11.33%. The firm increased its portfolio allocation in ALTI by 24.68% over the last quarter.

IWM - iShares Russell 2000 ETF holds 475K shares representing 0.73% ownership of the company. In it's prior filing, the firm reported owning 439K shares, representing an increase of 7.68%. The firm increased its portfolio allocation in ALTI by 2.96% over the last quarter.

VEXMX - Vanguard Extended Market Index Fund Investor Shares holds 324K shares representing 0.50% ownership of the company. In it's prior filing, the firm reported owning 302K shares, representing an increase of 6.87%. The firm increased its portfolio allocation in ALTI by 1.24% over the last quarter.

Northern Trust holds 203K shares representing 0.31% ownership of the company. In it's prior filing, the firm reported owning 193K shares, representing an increase of 4.80%. The firm decreased its portfolio allocation in ALTI by 55.91% over the last quarter.

Charles Schwab Investment Management holds 199K shares representing 0.31% ownership of the company. In it's prior filing, the firm reported owning 182K shares, representing an increase of 8.42%. The firm increased its portfolio allocation in ALTI by 10.93% over the last quarter.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.