Armistice Capital LLC boosted its holdings in Alphatec Holdings Inc (NASDAQ:ATEC) by 18.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 778,414 shares of the medical technology company’s stock after purchasing an additional 120,000 shares during the period. Armistice Capital LLC’s holdings in Alphatec were worth $2,071,000 as of its most recent SEC filing.
Separately, Broadfin Capital LLC purchased a new position in Alphatec in the fourth quarter worth $387,000. 18.25% of the stock is owned by institutional investors and hedge funds.
Alphatec Holdings Inc (NASDAQ:ATEC) opened at $3.43 on Friday. The company has a debt-to-equity ratio of -1.11, a current ratio of 2.11 and a quick ratio of 1.08. Alphatec Holdings Inc has a 1 year low of $1.58 and a 1 year high of $4.27. The firm has a market capitalization of $56.86, a price-to-earnings ratio of -2.12 and a beta of 1.43.
Alphatec Holdings, Inc is a medical technology company. The Company through its subsidiary, Alphatec Spine, Inc and its subsidiaries, designs, develops, manufactures and markets products for the surgical treatment of spine disorders. Its product portfolio and pipeline addresses the cervical, thoracolumbar and intervertebral regions of the spine and covers a range of spinal disorders and surgical procedures.
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