Have Insiders Sold Alphatec Holdings Shares Recently?

Some Alphatec Holdings, Inc. (NASDAQ:ATEC) shareholders may be a little concerned to see that the Chief Operating Officer, Scott Lish, recently sold a substantial US$720k worth of stock at a price of US$13.00 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 6.7%.

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Alphatec Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Scott Lish is the biggest insider sale of Alphatec Holdings shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$12.45. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. 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).

Happily, we note that in the last year insiders paid US$1.2m for 189.80k shares. But insiders sold 117.61k shares worth US$1.4m. All up, insiders sold more shares in Alphatec Holdings than they bought, over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

See our latest analysis for Alphatec Holdings

I will like Alphatec Holdings better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Alphatec Holdings insiders own 18% of the company, currently worth about US$326m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Alphatec Holdings Tell Us?

An insider sold Alphatec Holdings shares recently, but they didn't buy any. Zooming out, the longer term picture doesn't give us much comfort. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Alphatec Holdings. At Simply Wall St, we've found that Alphatec Holdings has 2 warning signs (1 is significant!) that deserve your attention before going any further with your analysis.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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.