CEO Miles Patrick Buys $1.01M of ATEC Stock at $8.81
ATEC sits 30% above its 52-week low of $6.82.
Summary
CEO Miles Patrick bought $1.01 million of Alphatec stock on the open market at $8.81 per share, raising his direct stake to 5.89 million shares.
Key Events · Ownership and Investor Activity · ATEC
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CEO Open-Market Purchase
On September 10, 2026, CEO Miles Patrick bought 115,000 shares at a weighted average price of $8.81, totaling $1,013,150.
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Direct Holdings Increase
Following the transaction, direct holdings rose to 5,893,551 shares, alongside indirect holdings of 10,900 shares by IRA and 250,000 shares by MOM, LLC.
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Recent Financial Context
The purchase follows Alphatec's Q2 2026 report on August 4, 2026, which showed revenue up 15% to $214 million and non-GAAP net income of $11 million.
Analysis · ATEC · Industrial Applications And Services
A real-money open-market purchase by the CEO, not an option exercise or grant, signals conviction. Miles Patrick bought 115,000 shares for $1.01 million at $8.81 per share, lifting his direct holdings to 5.89 million shares. The move comes just over a month after Alphatec reported a much-improved Q2 with revenue up 15% and operating loss nearly eliminated. While the purchase represents roughly 0.07% of the company's market cap—modest in percentage terms—it is notable for a CEO deploying personal funds.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 30.5% of the 1996 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.21%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ATEC was trading at $8.84 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $6.82 to $23.29. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.