<div id="readability-page-1"><p>Sequoia Financial Advisors LLC raised its stake in shares of  Align Technology, Inc. (NASDAQ:ALGN - Free Report) by 320.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor  owned 7,986 shares of the medical equipment provider's stock after purchasing an additional 6,085 shares during the quarter. Sequoia Financial Advisors LLC's holdings in Align Technology were worth $1,247,000 as of its most recent filing with the Securities and Exchange Commission.</p><div><p><span></span><span>Get <strong>Align Technology</strong> alerts:</span></p></div><ul><li>Why These 3 Tech Stocks Could Be the Best Opportunities You're Overlooking</li></ul><p>A number of other institutional investors also recently added to or reduced their stakes in the stock. Capital International Investors boosted its holdings in shares of  Align Technology by 88.6% in the 3rd quarter. Capital International Investors now owns 3,050,373 shares of the medical equipment provider's stock worth $381,968,000 after acquiring an additional 1,433,393 shares in the last quarter.  Holocene Advisors LP acquired a new position in  Align Technology during the 3rd quarter worth $179,035,000.  Bank of America Corp DE lifted its holdings in  Align Technology by 72.0% during the 3rd quarter. Bank of America Corp DE now owns 1,353,125 shares of the medical equipment provider's stock worth $169,438,000 after buying an additional 566,488 shares in the last quarter.  Invesco Ltd. lifted its holdings in  Align Technology by 37.4% during the 3rd quarter. Invesco Ltd. now owns 1,497,535 shares of the medical equipment provider's stock worth $187,521,000 after buying an additional 407,559 shares in the last quarter.  Finally, UBS Group AG lifted its holdings in  Align Technology by 122.4% during the 3rd quarter. UBS Group AG now owns 581,307 shares of the medical equipment provider's stock worth $72,791,000 after buying an additional 319,908 shares in the last quarter. 88.43% of the stock is owned by institutional investors and hedge funds. </p><h2>Insiders Place Their Bets</h2><p>In other Align Technology news, EVP John Morici sold 7,969 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $189.31, for a total value of $1,508,611.39. Following the transaction, the executive vice president directly owned 8,237 shares of the company's stock, valued at $1,559,346.47. This represents a 49.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. 0.75% of the stock is currently owned by corporate insiders. </p><h2>Analysts Set New Price Targets</h2><ul><li>Buy the Dip? These Earnings Misses Offer Long-Term Upside</li></ul><p>Several research analysts have issued reports on the company. Morgan Stanley upped their price objective on Align Technology from $169.00 to $188.00 and gave the stock an &#34;equal weight&#34; rating in a report on Friday, April 24th. Barclays raised Align Technology from an &#34;equal weight&#34; rating to an &#34;overweight&#34; rating and set a $200.00 price objective on the stock in a report on Tuesday, March 17th. Mizuho upped their price objective on Align Technology from $200.00 to $215.00 and gave the stock an &#34;outperform&#34; rating in a report on Thursday, February 5th. Jefferies Financial Group upped their target price on shares of Align Technology from $155.00 to $185.00 and gave the company a &#34;hold&#34; rating in a research report on Thursday, February 5th. Finally, Robert W. Baird  set a $218.00 target price on shares of Align Technology in a research report on Thursday, February 5th. Eight investment analysts have rated the stock with a Buy rating and six have assigned  a Hold rating to the company's stock. Based on data from MarketBeat.com, Align Technology  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $205.85.</p><p><b>Check Out Our Latest Analysis on ALGN</b></p><h2>Align Technology Price Performance</h2><ul><li>MarketBeat Week in Review: 12/25 - 12/29</li></ul><p>Align Technology stock opened at $165.79 on Wednesday. The firm has a 50-day moving average of $176.74 and a 200-day moving average of $166.00. Align Technology, Inc. has a one year low of $122.00 and a one year high of $208.30. The company has a market cap of $11.87 billion, a price-to-earnings ratio of 27.82, a P/E/G ratio of 1.69 and a beta of 1.70. </p><p>Align Technology (NASDAQ:ALGN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The medical equipment provider reported $2.58 EPS for the quarter, topping analysts' consensus estimates of $2.26 by $0.32. Align Technology had a net margin of 10.50% and a return on equity of 15.82%. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the prior year, the business posted $2.13 EPS. The company's quarterly revenue was up 6.2% on a year-over-year basis.  As a group, sell-side analysts expect that  Align Technology, Inc. will post 9.47 earnings per share for the current year. </p><p>Align Technology declared that its Board of Directors has approved a stock buyback program on Wednesday, April 29th that allows the company to buyback $200.00 million in  outstanding  shares. This buyback authorization allows the medical equipment provider to purchase up to 1.6% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued. </p><h2>Align Technology Company Profile</h2> (Free Report)<p>Align Technology, Inc <span>NASDAQ: ALGN<span></span></span> pioneered the use of digital technology in orthodontics through the development of the Invisalign system, a series of clear, removable aligners that provide an alternative to traditional metal braces. Since its founding in 1997 by Zia Chishti and Kelsey Wirth, the Tempe, Arizona–based company has expanded its focus to include intraoral scanners, CAD/CAM software for dental laboratories and comprehensive digital dentistry solutions.  </p><p>The company's signature Invisalign system leverages 3D imaging and computer-aided design (CAD) to create customized aligners that gradually reposition teeth, improving patient comfort and treatment predictability.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Align Technology</li><li>Navy Catalyst Ignites Odysight’s Growth Engine</li><li>AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?</li><li>Axon Surged After Earnings and Is Still Down Over 50% From Highs</li><li>The Event That Could Redefine Apple’s Summer Rally</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUxHTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUxHTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Align Technology Right Now?</h2><p>Before you consider Align Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Align Technology wasn't on the list.</p><p>While Align Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ALGN

<p>Sequoia Financial Advisors LLC increased its stake in Align Technology, Inc. (NASDAQ:ALGN) by 320.1% in Q4, owning 7,986 shares valued at $1.25 million. Other institutional investors also raised their stakes, with Capital International Investors boosting holdings by 88.6%. Analysts have set new price targets for Align Technology, with a consensus target of $205.85. The stock opened at $165.79, with a market cap of $11.87 billion and a P/E ratio of 27.82. Align reported $2.58 EPS for the last quarter, exceeding estimates.</p>

Market Beat

Align

SPDR S&P Health Equip

Health Care Select Sector SPDR

iShares US Medical Devices

Bank of America

Invesco

UBS Group AG

Morgan Stanley

Barclays

Mizuho Financial

Mizuho Financial Group, Inc.

Jefferies Financial

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Sequoia Financial Advisors LLC Has $1.25 Million Stock Position in Align Technology, Inc. $ALGN