Friday, February 3

Tag: NASDAQ:ALGN

Align Technology, Inc. (NASDAQ:ALGN) Short Interest Up 18.9% in October
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Align Technology, Inc. (NASDAQ:ALGN) Short Interest Up 18.9% in October

Align Technology, Inc. (NASDAQ:ALGN - Get Rating) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 2,770,000 shares, an increase of 18.9% from the October 15th total of 2,330,000 shares. Based on an average daily trading volume, of 961,700 shares, the days-to-cover ratio is currently 2.9 days. Approximately 3.8% of the shares of the company are short sold. Insider Buying and Selling at Align TechnologyIn other news, Director Warren S. Thaler bought 1,050 shares of the stock in a transaction on Wednesday, November 2nd. The shares were purchased at an average cost of $191.21 per share, for a total transaction of $200,770.50. Following the completion of the purchase, the director now directly owns 30...
Align Technology, Inc. (NASDAQ:ALGN) Receives Average Rating of “Moderate Buy” from Brokerages
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Align Technology, Inc. (NASDAQ:ALGN) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Align Technology, Inc. (NASDAQ:ALGN - Get Rating) have earned an average recommendation of "Moderate Buy" from the twelve analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $361.67. Several equities analysts have issued reports on ALGN shares. Stephens decreased their price target on shares of Align Technology from $500.00 to $375.00 and set an "overweight" rating for the company in a research report on Thursday, July 28th. Credit Suisse Group decreased their price target on shares of Alig...