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NEW YORK—Kevin P. Moran, President and Chief Operating Officer of AlTi Global, Inc. (NASDAQ:ALTI), recently sold shares valued at $98,926, according to a regulatory filing. The stock has shown strong momentum, gaining nearly 8% over the past week, according to InvestingPro data. The transaction, which occurred on June 3, involved the sale of 28,509 shares of the company’s Class A Common Stock at a price of $3.47 per share. Following the sale, Moran retains ownership of 60,311 shares directly.
This transaction was documented in a Form 4 filing with the Securities and Exchange Commission, providing transparency into insider trading activities.
In other recent news, AlTi Global Inc. reported a 14% year-over-year increase in consolidated revenue, reaching $58 million for the first quarter of 2025. Despite a net loss of $3 million, the company demonstrated strong operational efficiency with a 38% increase in adjusted EBITDA. AlTi Global’s core Wealth and Capital Solutions segment contributed significantly to this growth, with a 23% increase in revenue. The company’s strategic focus on recurring revenue streams, which accounted for 83% of total revenue, underscored its stable business model.
Additionally, AlTi Global has renewed the executive employment contract with Colleen Graham, the Chief Legal, Compliance, and Risk Officer, ensuring her continued leadership with an annual base salary of $425,000. In other developments, the company filed an amended proxy statement with the SEC, detailing voting rights and quorum requirements for its upcoming annual meeting. The agenda includes the election of directors and a proposal to amend the 2023 Stock Incentive Plan.
Furthermore, the acquisition of Kontoora marks AlTi Global’s entry into Germany, expanding its global footprint. Analysts from Raymond (NSE:RYMD) James noted the company’s strategic moves, including its focus on cost optimization and international expansion, as promising steps for future growth.
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