Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Alphatec Holdings Inc shares valued at $957,000 were purchased by PATRICK MILES on Nov 20 ’24. At $9.57 per share, PATRICK MILES acquired 100,000 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Bakst Evan purchased 35,000 shares, netting a total of over 201,600 in proceeds. Following the buying of shares at $5.76 each, the insider now holds 50,000 shares.
Before that, Pelizzon David R had added 16,978 shares to its account. In a trade valued at $100,000, the Director bought Alphatec Holdings Inc shares for $5.89 each. Upon closing the transaction, the insider’s holdings increased to 16,978 shares, worth approximately $3.29 million.
As published in a research note from Morgan Stanley on August 01, 2024, Alphatec Holdings Inc [ATEC] has been rated down from an Overweight to an Equal-weight. Analysts at Barclays started covering the stock with ‘”an Overweight”‘ outlook in a report released in early July. As of February 09, 2024, Wells Fargo has initiated its “an Overweight” rating for ATEC. Earlier on December 19, 2023, Needham resumed its rating. Their recommendation was “a Buy” for ATEC stock.
Analyzing ATEC Stock Performance
During the last five days, there has been a surge of approximately 8.76%. Over the course of the year, Alphatec Holdings Inc shares have dropped approximately -34.28%. Shares of the company reached a 52-week high of $17.34 on 02/09/24 and a 52-week low of $4.88 on 10/10/24. A 50-day SMA is recorded $6.53, while a 200-day SMA reached $9.97. Nevertheless, trading volume fell to 2.33 million shares from 1.84 million shares the previous day.
Support And Resistance Levels for Alphatec Holdings Inc (ATEC)
According to the 24-hour chart, there is a support level at 9.61, which, if violated, would cause prices to drop to 9.29. In the upper region, resistance lies at 10.18. The next price resistance is at 10.44. RSI (Relative Strength Index) is 72.32 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.35, which suggests the price will decrease in the coming days. Percent R is at 7.99%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
