Director Keith Valentine Purchases 39,000 Shares of Alphatec Holdings Inc (ATEC) from GuruFocus

GuruFocus – On August 2, 2024, Keith Valentine, Director at Alphatec Holdings Inc (NASDAQ:ATEC), bought 39,000 shares of the company, according to a recent SEC filing. Following this transaction, the insider now owns a total of 82,140 shares of Alphatec Holdings Inc.

Alphatec Holdings Inc. is engaged in the design, development and marketing of spinal fusion technology products and solutions for the treatment of spinal disorders. The company is focused on providing innovative, minimally invasive solutions that improve patient outcomes.

Over the past year, the insider has increased his holdings by 39,000 shares, with no recorded sale of shares during that period. The recent purchase reflects continued confidence in the company's future prospects.

Alphatec Holdings Inc.'s transaction history shows a pattern of insider activity with 6 insider purchases and 22 insider sales in the past year.

Alphatec Holdings Inc.'s share price was $6.55 on the day of the transaction, giving the company a market capitalization of $894.029 million. According to GF Value, the stock has a price-to-value ratio of 0.42, suggesting it may be undervalued.

The GF value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio and price-free cash flow, adjusted for the company's past performance and expected future business results.

This insider buying activity could be a signal to investors that Alphatec Holdings Inc. may be undervalued based on its current market price relative to its intrinsic value.

This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.

This content was originally published on Gurufocus.com.