Insider Sale at Alphatec Holdings Inc: CFO Offloads Shares

Alphatec Holdings Inc (NASDAQ: ATEC), a leading company specializing in spinal fusion technology products for patients with spine disorders, recently disclosed an insider sale in a filing with the Securities and Exchange Commission (SEC). Chief Financial Officer John Koning sold 121,601 shares of the company on March 1, 2024.

On the valuation front, Alphatec Holdings Inc’s shares were trading at $13.3 at the time of the insider’s recent sale, resulting in a market capitalization of $1.862 billion.

This transaction adds to Koning’s recent market activity, which has seen him sell a total of 138,101 shares over the past year, with no purchases of the company’s stock during this period.

Analysis of Alphatec Holdings Inc.’s insider transaction history reveals a consistent pattern of more insider sales than purchases over the past year. During this timeframe, there have been five insider buys and 33 insider sells.

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