Director Valentine Keith buys 135k shares across three open-market purchases as stock trades well below 52-week high.
Valentine Keith, a board director at Alphatec Holdings, made three open-market purchases totaling 135,000 shares between May 7 and May 11, 2026, as the stock traded significantly below its 52-week high. This represents Keith's second wave of open-market buying in the past two years—he also purchased shares in August 2024, which subsequently climbed modestly over both the near and longer term, a track record of well-timed entry points. The timing of these buys is notable: they occur while the company carries substantial operating losses and declining revenue, and the stock has fallen sharply from its 52-week peak and nearly reached its 52-week low. A director purchasing in this environment—when fundamentals remain challenged and the stock is in a pronounced drawdown—suggests Keith sees value at current price levels, particularly given his prior success identifying buy points in this same stock.