Alphatec Holdings Inc (NASDAQ: ATEC) is -41.43% lower on its value in year-to-date trading and has touched a low of $4.88 and a high of $17.34 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ATEC stock was last observed hovering at around $8.82 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $8.85, the stock is -9.12% and 8.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.77 million and changing 0.34% at the moment leaves the stock -6.18% off its SMA200. ATEC registered -38.80% loss for a year compared to 6-month loss of -12.29%. The firm has a 50-day simple moving average (SMA 50) of $8.1794 and a 200-day simple moving average (SMA200) of $9.43325.
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The stock witnessed a -7.52% gain in the last 1 month and extending the period to 3 months gives it a 46.77%, and is -8.76% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.39% over the week and 5.06% over the month.
Alphatec Holdings Inc (ATEC) has around 839 employees, a market worth around $1.25B and $572.74M in sales. Profit margin for the company is -31.06%. Distance from 52-week low is 81.35% and -48.96% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.81%).
with sales reaching $170.35M over the same period.The EPS is expected to grow by 15.60% this year, but quarterly earnings will post 25.48% year-over-year. Quarterly sales are estimated to grow 23.47% in year-over-year returns.
296.0 institutions hold shares in Alphatec Holdings Inc (ATEC), with institutional investors hold 77.84% of the company’s shares. The shares outstanding are 143.91M, and float is at 99.05M with Short Float at 11.53%. Institutions hold 58.00% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.29 million shares valued at $86.66 million. The investor’s holdings represent 5.882 of the ATEC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.76 million shares valued at $60.15 million to account for 4.0829 of the shares outstanding. The other top investors are FIRST LIGHT ASSET MANAGEMENT, LLC which holds 5.33 million shares representing 3.7792 and valued at over $55.68 million, while AMERICAN CENTURY COMPANIES INC holds 2.8667 of the shares totaling 4.04 million with a market value of $42.23 million.
Alphatec Holdings Inc (ATEC) Insider Activity
The most recent transaction is an insider sale by Sponsel David, the company’s EVP, SALES. SEC filings show that Sponsel David sold 62,018 shares of the company’s common stock on Dec 11 ’24 at a price of $9.69 per share for a total of $0.6 million. Following the sale, the insider now owns 0.56 million shares.
Still, SEC filings show that on Nov 21 ’24, Miles Patrick (CEO) disposed off 50,000 shares at an average price of $10.09 for $0.5 million. The insider now directly holds 5,508,402 shares of Alphatec Holdings Inc (ATEC).
