CEO DUMPS $2.1M! Alphatec Stock Soars 126% – What YOU Must Know NOW!
Despite Alphatec stock soaring an incredible 126 percent, its CEO, Miles Patrick, just cashed out over 2.1 million dollars in shares! Surprisingly, this significant insider sale isn't a red flag for long-term investors. The transaction was executed under a prearranged Rule 10b5-1 plan, representing a modest trim from his substantial holdings, rather than a loss of conviction. In fact, the medical device company Alphatec Holdings continues to demonstrate robust operational momentum, reporting a 30 percent year-over-year revenue increase to 197 million dollars in its latest quarter, with management raising full-year guidance. This indicates the sale aligns with a strong growth trajectory and does not alter the positive long-term investment thesis. Subscribe to our channel for more crucial investor insights and market updates!
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