Alphatec Holdings General Counsel & Corporate Secretary Tyson Marshall Sells 26% Of Holding

We wouldn't blame Alphatec Holdings, Inc. (NASDAQ:ATEC) shareholders if they were a little worried about the fact that Tyson Marshall, the General Counsel & Corporate Secretary recently netted about US$547k selling shares at an average price of US$10.88. That's a big disposal, and it decreased their holding size by 26%, which is notable but not too bad.

View our latest analysis for Alphatec Holdings

Alphatec Holdings Insider Transactions Over The Last Year

In fact, the recent sale by Tyson Marshall was the biggest sale of Alphatec Holdings shares made by an insider individual in the last twelve months, according to our records. So we know that an insider sold shares at around the present share price of US$10.66. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

In the last twelve months insiders purchased 68.75k shares for US$832k. On the other hand they divested 94.73k shares, for US$1.2m. In total, Alphatec Holdings insiders sold more than they bought over the last year. The sellers received a price of around US$12.67, on average. Insider selling doesn't make us excited to buy. But we note that the selling, on average, was at well above the recently traded price of US$10.66. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Insider Ownership Of Alphatec Holdings

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Alphatec Holdings insiders own 12% of the company, worth about US$178m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Alphatec Holdings Insiders?

An insider sold Alphatec Holdings shares recently, but they didn't buy any. And our longer term analysis of insider transactions didn't bring confidence, either. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. In terms of investment risks, we've identified 4 warning signs with Alphatec Holdings and understanding these should be part of your investment process.

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For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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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.

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