Director Pelizzon sells 250,000 ATEC shares at $19.66; fourth consecutive sale in 8 days as stock rebounds +27.9% in 90 days.
Director David R Pelizzon sold 250,000 shares (250.0K shares) of Alphatec Holdings on 2025-12-16 at $19.66, reducing his holdings from 10,645,045 shares (10.65M shares) to 10,395,045 shares (10.40M shares), a -2.3% reduction. This sale is the fourth consecutive insider sell at ATEC in eight days (following sales on 2025-12-09, 2025-12-08, and 2025-11-24), occurring as the stock has posted a +27.9% 90-day return and trades -12.0% from its 52-week high of $22.59. The company generated $196,503,000.00 in quarterly revenue with +26.8% annual revenue growth but remains unprofitable with a $-28,578,000.00 net loss over the most recent fiscal year. The timing pattern of repeated sales into strength (the stock up significantly over three months) and against the company's ongoing unprofitability raises questions about insider confidence in the current valuation after the sustained rally.