Published on 9 Mar 2024 on GuruFocus.com via Yahoo Finance
Director Quentin Blackford Acquires 20,000 Shares of Alphatec Holdings Inc (ATEC)
Alphatec Holdings Inc (NASDAQ:ATEC), a medical technology company focused on the design, development, and advancement of spinal surgery procedures and products, has reported an insider purchase by Director Quentin Blackford. According to a recent SEC Filing, the insider acquired 20,000 shares of the company on March 7, 2024.The transaction history of the insider over the past year indicates that Quentin Blackford has purchased a total of 20,000 shares and has not sold any shares of Alphatec Holdings Inc.The insider trend for Alphatec Holdings Inc reveals a pattern of insider activity within the last year, with 5 insider buys and 32 insider sells recorded.On the date of the insider's recent acquisition, shares of Alphatec Holdings Inc were trading at $12.83, resulting in a market capitalization of $1.763 billion.
The stock's valuation, in relation to the GuruFocus Value (GF Value), shows that with a share price of $12.83 and a GF Value of $17.25, Alphatec Holdings Inc has a price-to-GF-Value ratio of 0.74. This suggests that the stock is modestly undervalued according to the GF Value metric.