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.
The GF Value is determined by considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth. Additionally, future business performance estimates provided by Morningstar analysts are factored into the calculation.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
