March 7, 2025

Ron Finklestien

CEO of $ATEC Offloads 12,691 Shares in Recent Insider Sale

Recent Insider Transactions Show $ATEC Executives Actively Selling Shares

On March 7, 2025, Patrick Miles, CEO of $ATEC, sold 12,691 shares for approximately $135,032. This transaction, obtained from a recent SEC filing, represents roughly 0.2% of his total shares in this class of Stock. Following this sale, Miles retains ownership of 5,857,603 shares in the same class of $ATEC Stock.

Overview of $ATEC Insider Trading Activity

In the last six months, insiders at $ATEC have engaged in 17 trades on the open market. Notably, none of these trades included stock purchases, while all 17 were sales.

Here’s a summary of the recent insider trading activities:

  • Patrick Miles (CEO) – 0 purchases, 8 sales; 288,543 shares sold for an estimated $3,215,926.
  • David Sponsel (EVP, Sales) – 0 purchases, 6 sales; 189,160 shares sold for an estimated $1,982,651.
  • Scott Lish (Chief Operating Officer) – 0 purchases, 2 sales; 50,636 shares sold for an estimated $594,326.
  • Karen K McGinnis – 1 sale; 38,320 shares sold for an estimated $469,803.

For more detailed information on insider transactions, visit Quiver Quantitative’s insider trading dashboard.

$ATEC Hedge Fund Activity Insights

In the most recent quarter, 117 institutional investors have increased their holdings in $ATEC Stock, while 132 have reduced their positions.

Here are some notable changes in hedge fund portfolios:

  • Millennium Management LLC decreased their position by removing 3,368,560 shares (-76.0%) in Q4 2024, with an estimated value of $30,923,380.
  • JPMorgan Chase & Co. also cut back, removing 3,320,470 shares (-82.7%) in Q4 2024, valued at approximately $30,481,914.
  • Fred Alger Management, LLC completely divested 2,638,303 shares (-100.0%) in Q3 2024, at an estimated value of $14,668,964.
  • In contrast, the Royal Bank of Canada added 2,010,806 shares (+171.2%) to its portfolio in Q4 2024, estimated at $18,459,199.
  • Bank of America Corp. reduced their shareholding by 1,428,899 shares (-32.6%) in Q4 2024, valued at $13,117,292.
  • First Turn Management, LLC divested from their holdings completely by removing 1,360,410 shares (-100.0%) in Q3 2024, at an estimated value of $7,563,879.
  • American Century Companies Inc. increased their portfolio by adding 1,334,780 shares (+36.5%) in Q4 2024, valued at $12,253,280.

To monitor hedge fund dynamics, check out Quiver Quantitative’s institutional holdings dashboard.

This article does not constitute financial advice. For further information, review Quiver Quantitative’s disclaimers.

This article was originally published on Quiver News; read the full story.

The views expressed herein are those of the author and not necessarily those of Nasdaq, Inc.


Subscribe to Pivot and Flow Daily