Pelizzon David R, an insider at Alphatec Holdings Inc (ATEC), sold 10,645,045 shares of the company on December 8, 2025, at a price of $21.03 per share. This transaction totaled approximately $223.87 million.
Following this sale, Pelizzon retains an equivalent number of shares in the company. Insider selling can occur for various reasons, including diversification, tax planning, or personal financial needs. While significant selling activity can raise eyebrows, it does not inherently signal negative sentiment about the company.
The move underscores the importance of viewing insider transactions as just one piece of the puzzle. These transactions must be reported to the SEC, providing transparency into how executives perceive their stock. Investors are encouraged to consider patterns of insider activity over time and across multiple insiders, rather than focusing on isolated transactions.
Alphatec Holdings, headquartered in Carlsbad, California, specializes in spinal fusion technology products and solutions for treating spinal disorders. The company has a market capitalization of $3.1 billion and an EPS (TTM) of -1.05. Upcoming earnings are anticipated on February 23, 2026, with an estimated EPS of -0.12 and revenue of $213.5 million.