Alphatec HoldingsATEC
Market Cap: $847M
About: Alphatec Holdings Inc is a medical technology company focused on the designing, development, and advancement of products for the surgical treatment of spinal disorders associated with disease and degeneration, congenital deformities, and trauma. The company's spine approach technologies include Posterior Cervical Fusion, Anterior Cervical Discectomy and Fusion, Lateral Interbody Fusion, and Posterior Lumbar Interbody Fusion among others.
Employees: 839
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
40% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 63
34% more call options, than puts
Call options by funds: $3.42M | Put options by funds: $2.55M
1.66% less ownership
Funds ownership: 68.44% [Q1] → 66.78% (-1.66%) [Q2]
3% less funds holding
Funds holding: 222 [Q1] → 216 (-6) [Q2]
15% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 40
25% less capital invested
Capital invested by funds: $1.3B [Q1] → $976M (-$326M) [Q2]
75% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 1 (-3) [Q2]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Lake Street Brooks O'Neil 44% 1-year accuracy 4 / 9 met price target | 199%upside $18 | Buy Maintained | 3 Sept 2024 |
Canaccord Genuity Caitlin Cronin 36% 1-year accuracy 4 / 11 met price target | 232%upside $20 | Buy Maintained | 30 Aug 2024 |
Needham David Saxon 41% 1-year accuracy 26 / 64 met price target | 116%upside $13 | Buy Maintained | 22 Aug 2024 |
Piper Sandler Matt O'Brien 49% 1-year accuracy 22 / 45 met price target | 99%upside $12 | Overweight Maintained | 1 Aug 2024 |
Stifel Mathew Blackman 44% 1-year accuracy 7 / 16 met price target | 165%upside $16 | Buy Maintained | 1 Aug 2024 |