Alphatec Holdings Inc (NASDAQ: ATEC) is 24.40% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ATEC stock was last observed hovering at around $11.95 in the last trading session, with the day’s loss setting it -0.53%.
Currently trading at $11.42, the stock is 0.77% and 11.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.49 million and changing -4.44% at the moment leaves the stock 27.01% off its SMA200. ATEC registered -30.15% loss for a year compared to 6-month gain of 75.96%. The firm has a 50-day simple moving average (SMA 50) of $10.2326 and a 200-day simple moving average (SMA200) of $8.9968.
The stock witnessed a 21.88% loss in the last 1 month and extending the period to 3 months gives it a 36.60%, and is -2.81% 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 4.58% over the week and 5.37% over the month.
Alphatec Holdings Inc (ATEC) has around 839 employees, a market worth around $1.62B and $572.74M in sales. Profit margin for the company is -31.06%. Distance from 52-week low is 134.02% and -34.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.81%).
The EPS is expected to grow by 15.57% this year
295.0 institutions hold shares in Alphatec Holdings Inc (ATEC), with institutional investors hold 79.30% of the company’s shares. The shares outstanding are 143.91M, and float is at 97.57M with Short Float at 11.12%. Institutions hold 57.92% 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
Still, SEC filings show that on Feb 03 ’25, Sponsel David (EVP, SALES) disposed off 36,256 shares at an average price of $11.42 for $0.41 million. The insider now directly holds 735,074 shares of Alphatec Holdings Inc (ATEC).
