Alphatec CEO Miles Patrick Purchases 115,000 Shares for $1 Million. Is the Medical Tech Stock Now a Buy?
Key PointsThe purchase of ~115,000 shares at a weighted average price of $8.81 per share represents a total capital commitment of $1.0 million.
Alphatec Holdings, Inc., a medical device manufacturer, saw its CEO Miles Patrick buy approximately 115,000 shares of the company's common stock on September 10, 2026, according to a recent SEC Form 4 filing. The transaction, valued at $1 million based on the weighted average purchase price of $8.81 per share, came shortly after the stock closed at $8.84 that day.
Alphatec, which operates in the specialized field of spinal condition management, reported $815.1 million in trailing twelve-month revenue and employs 913 people. With a market capitalization of $1.3 billion, the company is a significant player in the spinal surgery market, leveraging its proprietary intraoperative neuromonitoring technology and integrated surgical access systems to enhance procedural safety and clinical outcomes.
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