Align Technology INC Usd0.0001 Common Stock (ALGN) Shares Rose While Rathbone Brothers Plc Cut Its Stake by $3.33 Million

April 17, 2018 - By Maria Brooks

Align Technology, Inc. (NASDAQ:ALGN) LogoInvestors sentiment is 0.93 in 2017 Q4. Its the same as in 2017Q3. It is flat, as 37 investors sold ALGN shares while 216 reduced holdings. only 100 funds opened positions while 136 raised stakes. 60.90 million shares or 3.22% less from 62.92 million shares in 2017Q3 were reported. Blair William And Co Il invested 0.37% in Align Technology, Inc. (NASDAQ:ALGN). Martin Currie Limited accumulated 2,800 shares. Keybank National Association Oh holds 0.01% or 4,679 shares in its portfolio. Signature Estate Advsr Limited Liability Corp owns 0.08% invested in Align Technology, Inc. (NASDAQ:ALGN) for 3,448 shares. 190,079 were reported by Kornitzer Capital Management Ks. Cibc Markets Corp has 0.04% invested in Align Technology, Inc. (NASDAQ:ALGN). Echo Street Limited Liability holds 0.26% of its portfolio in Align Technology, Inc. (NASDAQ:ALGN) for 39,235 shares. Peloton Wealth Strategists reported 14,646 shares. Voya Inv Mgmt Lc holds 0.19% of its portfolio in Align Technology, Inc. (NASDAQ:ALGN) for 410,166 shares. First Quadrant Lp Ca accumulated 16,800 shares. Genesee Valley Trust has invested 0.69% of its portfolio in Align Technology, Inc. (NASDAQ:ALGN). Capstone Investment Advisors Limited Company has 0.02% invested in Align Technology, Inc. (NASDAQ:ALGN). Ing Groep Nv reported 10,876 shares stake. Hightower Ltd reported 0.04% in Align Technology, Inc. (NASDAQ:ALGN). 1,435 are held by Clinton Gp Inc.

Since February 2, 2018, it had 1 insider buy, and 1 insider sale for $11.56 million activity. 1,500 shares were bought by HOGAN JOSEPH M, worth $350,445 on Tuesday, February 13.

Rathbone Brothers Plc decreased its stake in Align Technology Inc Usd0.0001 Common Stock (ALGN) by 5.82% based on its latest 2017Q4 regulatory filing with the SEC. Rathbone Brothers Plc sold 15,000 shares as the company’s stock rose 11.29% while stock markets declined. The institutional investor held 242,900 shares of the health care company at the end of 2017Q4, valued at $53.97M, down from 257,900 at the end of the previous reported quarter. Rathbone Brothers Plc who had been investing in Align Technology Inc Usd0.0001 Common Stock for a number of months, seems to be less bullish one the $21.85 billion market cap company. The stock increased 2.69% or $7.15 during the last trading session, reaching $272.65. About 879,831 shares traded. Align Technology, Inc. (NASDAQ:ALGN) has risen 117.77% since April 17, 2017 and is uptrending. It has outperformed by 106.22% the S&P500.

Analysts await Align Technology, Inc. (NASDAQ:ALGN) to report earnings on April, 26. They expect $0.98 EPS, up 15.29 % or $0.13 from last year’s $0.85 per share. ALGN’s profit will be $78.54 million for 69.55 P/E if the $0.98 EPS becomes a reality. After $1.19 actual EPS reported by Align Technology, Inc. for the previous quarter, Wall Street now forecasts -17.65 % negative EPS growth.

Align Technology, Inc. (NASDAQ:ALGN) Ratings Coverage

Among 9 analysts covering Align Tech (NASDAQ:ALGN), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Align Tech had 21 analyst reports since October 18, 2017 according to SRatingsIntel. As per Monday, October 23, the company rating was maintained by Stifel Nicolaus. The stock of Align Technology, Inc. (NASDAQ:ALGN) has “Buy” rating given on Thursday, January 4 by Credit Suisse. The firm has “Buy” rating by Piper Jaffray given on Friday, October 27. Leerink Swann maintained Align Technology, Inc. (NASDAQ:ALGN) rating on Friday, October 27. Leerink Swann has “Buy” rating and $250.0 target. As per Tuesday, January 30, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating given on Tuesday, November 21 by Stifel Nicolaus. Jefferies maintained it with “Buy” rating and $300.0 target in Wednesday, January 31 report. On Friday, April 6 the stock rating was maintained by Credit Suisse with “Buy”. The stock of Align Technology, Inc. (NASDAQ:ALGN) has “Buy” rating given on Thursday, November 9 by Credit Suisse. On Wednesday, January 31 the stock rating was maintained by Credit Suisse with “Buy”.

Align Technology, Inc. (NASDAQ:ALGN) Institutional Positions Chart

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