Insiders who bought Alphatec Holdings, Inc. (NASDAQ:ATEC) stock in the last 12 months were richly rewarded last week. The company's market value increased by US$134m as a result of the stock's 10% gain over the same period. As a result, the stock they originally bought for US$1.15m is now worth US$1.94m.
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
The Last 12 Months Of Insider Transactions At Alphatec Holdings
The General Counsel & Corporate Secretary, Tyson Marshall, made the biggest insider sale in the last 12 months. That single transaction was for US$547k worth of shares at a price of US$10.88 each. So what is clear is that an insider saw fit to sell at around the current price of US$10.20. While we don't usually like to see insider selling, it's more concerning if the sales take place 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). The only individual insider seller over the last year was Tyson Marshall.
Over the last year, we can see that insiders have bought 189.80k shares worth US$1.2m. But insiders sold 50.23k shares worth US$547k. In the last twelve months there was more buying than selling by Alphatec Holdings insiders. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
See our latest analysis for Alphatec Holdings
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.
Does Alphatec Holdings Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Alphatec Holdings insiders own 12% of the company, currently worth about US$166m 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?
It doesn't really mean much that no insider has traded Alphatec Holdings shares in the last quarter. However, our analysis of transactions over the last year is heartening. Judging from their transactions, and high insider ownership, Alphatec Holdings insiders feel good about the company's future. Of course, the future is what matters most. So if you are interested in Alphatec Holdings, you should check out this free report on analyst forecasts for the company.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
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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