Alphatec Holdings Inc’s recently made public that its CHIEF FINANCIAL OFFICER Koning John Todd unloaded Company’s shares for reported $1.6 million on Mar 10 ’25. In the deal valued at $9.72 per share,165,121 shares were sold. As a result of this transaction, Koning John Todd now holds 483,107 shares worth roughly $4.71 million.
Then, Lish Scott sold 27,994 shares, generating $272,102 in total proceeds. Upon selling the shares at $9.72, the CHIEF OPERATING OFFICER now owns 816,500 shares.
Before that, JOHN TODD KONING bought 202,621 shares. Alphatec Holdings Inc shares valued at $2,119,416 were divested by the Officer at a price of $10.46 per share.
Morgan Stanley downgraded its Alphatec Holdings Inc [ATEC] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early July with a ‘”an Overweight”‘ rating. Wells Fargo began covering ATEC with “an Overweight” recommendation on February 09, 2024. Needham maintained its rating on December 19, 2023. It rated ATEC as “a Buy”.
Price Performance Review of ATEC
On Monday, Alphatec Holdings Inc [NASDAQ:ATEC] saw its stock jump 4.95% to $9.75. Over the last five days, the stock has gained 0.83%. Alphatec Holdings Inc shares have risen nearly 6.21% since the year began. Nevertheless, the stocks have fallen -29.30% over the past one year. While a 52-week high of $14.88 was reached on 03/03/25, a 52-week low of $4.88 was recorded on 01/03/25. SMA at 50 days reached $10.87, while 200 days put it at $8.85.
Levels Of Support And Resistance For ATEC Stock
The 24-hour chart illustrates a support level at 9.39, which if violated will result in even more drops to 9.04. On the upside, there is a resistance level at 9.98. A further resistance level may holdings at 10.22. The Relative Strength Index (RSI) on the 14-day chart is 40.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.16%. Stochastics %K at 9.37% indicates the stock is a buying.
How much short interest is there in Alphatec Holdings Inc?
A steep rise in short interest was recorded in Alphatec Holdings Inc stocks on 2025-02-28, dropping by -0.56 million shares to a total of 9.82 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.38 million shares. There was a decline of -5.7%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 20, 2023 when ROTH MKM began covering the stock and recommended ‘”a Buy”‘ rating along with a $22 price target.
