Although AlTi Global, Inc. (NASDAQ:ALTI) insiders have sold lately, they have the highest ownership with 38% stake

editorial-team@simplywallst.com (Simply Wall St)

Mon, Jan 6, 2025, 3:39 AM 4 min read

If you want to know who really controls AlTi Global, Inc. (NASDAQ:ALTI), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 38% to be precise, is individual insiders. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

And insiders own the top position in the company’s share registry despite recent sales.

Let's delve deeper into each type of owner of AlTi Global, beginning with the chart below.

View our latest analysis for AlTi Global

ownership-breakdown — NasdaqCM:ALTI Ownership Breakdown January 6th 2025

What Does The Institutional Ownership Tell Us About AlTi Global?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.

As you can see, institutional investors have a fair amount of stake in AlTi Global. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at AlTi Global's earnings history below. Of course, the future is what really matters.

earnings-and-revenue-growth — NasdaqCM:ALTI Earnings and Revenue Growth January 6th 2025

AlTi Global is not owned by hedge funds. The company's largest shareholder is Allianz Asset Management GmbH, with ownership of 21%. In comparison, the second and third largest shareholders hold about 19% and 11% of the stock. Additionally, the company's CEO Michael Tiedemann directly holds 0.6% of the total shares outstanding.

A more detailed study of the shareholder registry showed us that 3 of the top shareholders have a considerable amount of ownership in the company, via their 51% stake.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track.

Insider Ownership Of AlTi Global

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

Our information suggests that insiders maintain a significant holding in AlTi Global, Inc.. Insiders own US$236m worth of shares in the US$615m company. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling.

General Public Ownership

With a 29% ownership, the general public, mostly comprising of individual investors, have some degree of sway over AlTi Global. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Take risks for example - AlTi Global has 1 warning sign we think you should be aware of.

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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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.