Align Technology (NASDAQ:ALGN) Buy Rating Reiterated Today By Stifel Nicolaus; The Target is $320

April 26, 2018 - By Stephen Andrade

Align Technology, Inc. (NASDAQ:ALGN) Logo

Investors sentiment is 0.93 in 2017 Q4. Its the same as in 2017Q3. It is without change, as 37 investors sold Align Technology, Inc. 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.

Nicholas Investment Prns L P invested in 31,438 shares. Pillar Pacific Cap Mngmt owns 1,250 shares for 0.03% of their portfolio. 5,448 were accumulated by Jaffetilchin Investment Ltd. Cubist Systematic Strategies Lc has invested 0.05% in Align Technology, Inc. (NASDAQ:ALGN). Fifth Third Commercial Bank, Ohio-based fund reported 1,633 shares. Gradient Invests Lc reported 7 shares or 0% of all its holdings. Dupont Mngmt, a Delaware-based fund reported 2,604 shares. Proshare Advsrs holds 50,375 shares or 0.08% of its portfolio. Hanseatic Mngmt Serv holds 1.98% or 8,858 shares. Caxton Assoc Lp has invested 0.04% of its portfolio in Align Technology, Inc. (NASDAQ:ALGN). Marvin Palmer Assoc Incorporated holds 4.18% or 18,144 shares. Ledyard National Bank & Trust reported 105 shares. Sva Plumb Wealth Management Ltd Co has 0.03% invested in Align Technology, Inc. (NASDAQ:ALGN) for 1,245 shares. Optimum Invest invested in 0.16% or 2,300 shares. Fisher Asset Ltd Liability owns 88,524 shares or 0.03% of their US portfolio.

Since February 2, 2018, it had 1 buy, and 1 insider sale for $11.56 million activity. Wright Emory also sold $11.91 million worth of Align Technology, Inc. (NASDAQ:ALGN) shares.

Align Technology (NASDAQ:ALGN) Rating Reaffirmed

New York: In analysts note revealed on Thursday morning, Stifel Nicolaus restate their Buy rating on Align Technology (NASDAQ:ALGN) shares. They now have a $320 PT on the firm. Stifel Nicolaus’s target indicates a potential upside of 23.13 % from the company’s current stock price.

Investors sentiment is 0.93 in 2017 Q4. Its the same as in 2017Q3. It is without change, as 37 investors sold Align Technology, Inc. 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.

Nicholas Investment Prns L P invested in 31,438 shares. Pillar Pacific Cap Mngmt owns 1,250 shares for 0.03% of their portfolio. 5,448 were accumulated by Jaffetilchin Investment Ltd. Cubist Systematic Strategies Lc has invested 0.05% in Align Technology, Inc. (NASDAQ:ALGN). Fifth Third Commercial Bank, Ohio-based fund reported 1,633 shares. Gradient Invests Lc reported 7 shares or 0% of all its holdings. Dupont Mngmt, a Delaware-based fund reported 2,604 shares. Proshare Advsrs holds 50,375 shares or 0.08% of its portfolio. Hanseatic Mngmt Serv holds 1.98% or 8,858 shares. Caxton Assoc Lp has invested 0.04% of its portfolio in Align Technology, Inc. (NASDAQ:ALGN). Marvin Palmer Assoc Incorporated holds 4.18% or 18,144 shares. Ledyard National Bank & Trust reported 105 shares. Sva Plumb Wealth Management Ltd Co has 0.03% invested in Align Technology, Inc. (NASDAQ:ALGN) for 1,245 shares. Optimum Invest invested in 0.16% or 2,300 shares. Fisher Asset Ltd Liability owns 88,524 shares or 0.03% of their US portfolio.

Since February 2, 2018, it had 1 buy, and 1 insider sale for $11.56 million activity. Wright Emory also sold $11.91 million worth of Align Technology, Inc. (NASDAQ:ALGN) shares.

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

Among 11 analysts covering Align Tech (NASDAQ:ALGN), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Align Tech has $320 highest and $209 lowest target. $281.82’s average target is 8.44% above currents $259.89 stock price. Align Tech had 22 analyst reports since October 27, 2017 according to SRatingsIntel. Robert W. Baird maintained the stock with “Buy” rating in Tuesday, November 28 report. The stock of Align Technology, Inc. (NASDAQ:ALGN) earned “Buy” rating by Piper Jaffray on Friday, October 27. The stock of Align Technology, Inc. (NASDAQ:ALGN) has “Buy” rating given on Thursday, November 9 by Credit Suisse. The firm has “Outperform” rating given on Wednesday, January 31 by Leerink Swann. The firm has “Buy” rating by Leerink Swann given on Monday, December 4. Stifel Nicolaus maintained the shares of ALGN in report on Tuesday, November 21 with “Buy” rating. The firm has “Buy” rating by Robert W. Baird given on Friday, October 27. As per Friday, October 27, the company rating was maintained by Credit Suisse. The rating was maintained by Credit Suisse on Wednesday, January 31 with “Buy”. The company was maintained on Wednesday, January 31 by Jefferies.

The stock increased 5.81% or $14.26 during the last trading session, reaching $259.89. About 2.85 million shares traded or 156.01% up from the average. Align Technology, Inc. (NASDAQ:ALGN) has risen 117.77% since April 26, 2017 and is uptrending. It has outperformed by 106.22% the S&P500.

Align Technology, Inc. designs, manufactures, and markets a system of clear aligner therapy, intra-oral scanners, and computer-aided design and computer-aided manufacturing digital services. The company has market cap of $20.83 billion. The companyÂ’s Clear Aligner segment offers Invisalign Full, a treatment used for a range of malocclusion; Invisalign Teen treatment that addresses orthodontic needs of teenage patients, such as compliance indicators, compensation for tooth eruption, and six free single arch replacement aligners; and Invisalign Assist treatment for anterior alignment and aesthetically-oriented cases. It has a 91.83 P/E ratio. It also provides Invisalign Express (10 and 5) and Invisalign Lite/i7 treatments for orthodontic cases, non-comprehensive treatment relapse cases, or straightening prior to restorative or cosmetic treatments; Invisalign Go, a solution for general practitioner dentists (GPs) to identify and treat patients with mild malocclusion; SmileDirectClub aligners for minor tooth movement; custom clear aligner retainers used to maintain tooth position and correct minor relapse; and SmartTrack, a custom-engineered material that delivers force for orthodontic tooth movements.

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

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