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Lish Scott, the Chief Operating Officer of Alphatec Holdings , Inc. (NASDAQ:ATEC), a medical device company with a market capitalization of $1.77 billion and impressive revenue growth of 27% in the last twelve months, recently sold a portion of their holdings in the company. According to a Form 4 filing with the Securities and Exchange Commission, Scott sold 23,183 shares of common stock on February 27, 2025. The shares were sold at a weighted average price of $12.03, with sale prices ranging from $10.79 to $12.57. The total value of the transaction amounted to $278,891. The stock, which currently trades at $12.53, has shown strong momentum with a 14% gain in the past week.
Following the sale, Scott retains direct ownership of 844,494 shares in the company. The transaction was executed under a Rule 10b5-1 trading plan, which was initially adopted on December 14, 2022, and later amended on August 10, 2023. This plan was designed to satisfy certain tax withholding obligations related to the vesting of restricted stock units. For deeper insights into insider transactions and comprehensive analysis, including 8 additional key metrics, check out InvestingPro’s detailed research report.
In other recent news, Alphatec Holdings reported its fourth-quarter 2024 earnings, showcasing a revenue of $177 million, which exceeded analysts’ expectations of $170.35 million. This represents a 28% increase year-over-year. However, the company’s earnings per share (EPS) of -$0.23 fell short of the anticipated -$0.05. Despite the EPS miss, Alphatec achieved its first quarter of positive cash flow since its transformation, generating $9 million in free cash flow. For 2025, the company has projected a 20% revenue growth, with expectations of reaching $732 million. Analysts at TD Cowen have maintained a Buy rating on Alphatec, with a price target of $22.50, highlighting the company’s strategic market position and adept cash management. The firm’s positive outlook is further supported by Alphatec’s planned product launches, including navigation robotics, expected to bolster growth in the latter half of 2025.
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