Insider Buyers At AlTi Global Likely Disappointed With 13% Slide

The recent price decline of 13% in AlTi Global, Inc.'s (NASDAQ:ALTI) stock may have disappointed insiders who bought US$2.46m worth of shares at an average price of US$4.53 in the past 12 months. Insiders buy with the expectation to see their investments rise in value over a period of time. However, recent losses have rendered their above investment worth US$1.89m which is not ideal.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for AlTi Global

The Last 12 Months Of Insider Transactions At AlTi Global

Over the last year, we can see that the biggest insider sale was by the President & COO, Kevin Moran, for US$550k worth of shares, at about US$4.00 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$3.47. So it may not tell us anything about how insiders feel about the current share price.

Over the last year, we can see that insiders have bought 544.54k shares worth US$2.5m. But insiders sold 269.72k shares worth US$1.2m. Overall, AlTi Global insiders were net buyers during the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

AlTi Global is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Does AlTi Global Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. AlTi Global insiders own about US$129m worth of shares (which is 26% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The AlTi Global Insider Transactions Indicate?

It doesn't really mean much that no insider has traded AlTi Global shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. With high insider ownership and encouraging transactions, it seems like AlTi Global insiders think the business has merit. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - AlTi Global has 1 warning sign we think you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.