This afternoon we watched Align Technology drop -36.3% to a price of $129.63 per share. The Mid-Cap Specialty Industrial Machinery company is now trading -31.87% below its average target price of $190.29. Analysts have set target prices ranging from $140.0 to $220.0 per share for Align Technology, and have given the stock an average rating of buy.
The stock has an average amount of shares sold short at 4.9%, and a short ratio of 2.93. Since 6.68% of the company's shares are owned by insiders, we can infer that there is a degree of alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 94.8% of Align Technology's shares being owned by this investor type.
Institutions Invested in Align Technology
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2025-03-31 | Vanguard Group Inc | 12% | 8,441,592 | $1,094,325,732 |
| 2025-03-31 | Blackrock Inc. | 8% | 5,934,930 | $769,374,617 |
| 2025-03-31 | State Street Corporation | 4% | 2,994,113 | $388,141,822 |
| 2025-03-31 | Wellington Management Group, LLP | 3% | 2,030,804 | $263,263,265 |
| 2025-06-30 | Ninety One UK Ltd | 3% | 1,916,309 | $248,420,706 |
| 2025-03-31 | Geode Capital Management, LLC | 3% | 1,856,987 | $240,730,499 |
| 2025-03-31 | T. Rowe Price Investment Management, Inc. | 3% | 1,823,498 | $236,389,153 |
| 2025-03-31 | Citadel Advisors Llc | 2% | 1,610,636 | $208,794,789 |
| 2025-03-31 | Capital World Investors | 2% | 1,251,712 | $162,265,678 |
| 2025-03-31 | Invesco Ltd. | 2% | 1,219,715 | $158,117,747 |
Besides an analyst consensus of strong upside potential, other market factors point to there being positive market sentiment on Align Technology.
