align technology is a global medical device company with industry-leading innovative products -- invisalign clear aligners and itero intraoral scanners -- that help dental professionals achieve the clinical results they expect and deliver effective, cutting-edge dental options to their patients. invisalign system invisalign clear aligners have been used to straighten teeth and treat minor to complex malocclusion for more than 3 million patients worldwide. the invisalign system is a combination of proprietary virtual modeling software and rapid mass-manufacturing processes used to develop a treatment plan and with custom-made aligners for each patient. invisalign is prescribed to patients through invisalign-trained orthodontists and general practitioner dentists (gp) and is offered in over 90 countries. learn more at www.invisalign.com itero intraoral scanner the itero scanner’s parallel confocal imaging technology uses optical and laser scanning to achieve a high level of precisi
![Align Technology logo](/files/LOGO/1097149-ALGN.png)
Company profile
Ticker
ALGN
Exchange
Website
CEO
Thomas Prescott
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Zimmer Biomet • Enovis • Steris • Intuitive Surgical • Edwards Lifesciences • Avanos Medical • MSA Safety • INVACARE • Surgalign • RTI Surgical ...
SEC CIK
Corporate docs
Subsidiaries
Align Technology Switzerland GmbH ...
IRS number
943267295
ALGN stock data
Latest filings (excl ownership)
8-K
Align Technology Announces Second Quarter 2024 Results
24 Jul 24
SD
Conflict minerals disclosure
30 May 24
8-K
Departure of Directors or Certain Officers
22 May 24
10-Q
2024 Q1
Quarterly report
3 May 24
8-K
Align Technology Announces $150 Million Open Market Repurchase
25 Apr 24
8-K
Align Technology Announces First Quarter 2024 Results
24 Apr 24
DEFR14A
Revised proxy
16 Apr 24
ARS
2023 FY
Annual report to shareholders
9 Apr 24
DEFA14A
Additional proxy soliciting materials
9 Apr 24
DEF 14A
Definitive proxy
9 Apr 24
Transcripts
ALGN
Earnings call transcript
2024 Q2
24 Jul 24
ALGN
Earnings call transcript
2024 Q1
24 Apr 24
ALGN
Earnings call transcript
2023 Q4
31 Jan 24
ALGN
Earnings call transcript
2023 Q3
25 Oct 23
ALGN
Earnings call transcript
2023 Q2
26 Jul 23
ALGN
Earnings call transcript
2023 Q2
26 Jul 23
ALGN
Earnings call transcript
2023 Q1
26 Apr 23
ALGN
Earnings call transcript
2022 Q4
1 Feb 23
ALGN
Earnings call transcript
2022 Q3
27 Oct 22
ALGN
Earnings call transcript
2022 Q2
27 Jul 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 866.88 mm | 866.88 mm | 866.88 mm | 866.88 mm | 866.88 mm | 866.88 mm |
Cash burn (monthly) | 23.88 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 92.34 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 774.54 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 32.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
83.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 772 |
Opened positions | 230 |
Closed positions | 83 |
Increased positions | 228 |
Reduced positions | 214 |
13F shares | Current |
---|---|
Total value | 19.57 tn |
Total shares | 62.59 mm |
Total puts | 1.41 mm |
Total calls | 833.04 k |
Total put/call ratio | 1.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 8.38 mm | $2.75 tn |
BLK Blackrock | 7.66 mm | $2.51 tn |
STT State Street | 3.05 mm | $1.00 tn |
JPM JPMorgan Chase & Co. | 2.29 mm | $750.51 bn |
Alliancebernstein | 1.78 mm | $584.51 bn |
Geode Capital Management | 1.72 mm | $562.73 bn |
Sands Capital Management | 1.36 mm | $444.76 bn |
Capital World Investors | 1.26 mm | $412.33 bn |
Brown Advisory | 1.23 mm | $402.83 bn |
Polen Capital Management | 1.22 mm | $398.77 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 May 24 | Larkin C Raymond JR | RSU Common Stock | Grant | Acquire A | No | No | 0.0001 | 1,531 | 0.15 | 1,531 |
22 May 24 | Mojdeh Poul | Common Stock | Option exercise | Acquire M | No | No | 0 | 660 | 0.00 | 660 |
22 May 24 | Mojdeh Poul | RSU Common Stock | Grant | Acquire A | No | No | 0.0001 | 1,148 | 0.11 | 1,148 |
22 May 24 | Mojdeh Poul | RSU Common Stock | Option exercise | Dispose M | No | No | 0.0001 | 660 | 0.07 | 0 |
22 May 24 | Dallas Kevin J | RSU Common Stock | Grant | Acquire A | No | No | 0.0001 | 1,148 | 0.11 | 1,148 |
22 May 24 | Lacob Joseph | RSU Common Stock | Grant | Acquire A | No | No | 0.0001 | 1,148 | 0.11 | 1,148 |
22 May 24 | Morrow George J | RSU Common Stock | Grant | Acquire A | No | No | 0.0001 | 1,148 | 0.11 | 1,148 |
News
Morgan Stanley Maintains Overweight on Align Tech, Lowers Price Target to $310
25 Jul 24
Stifel Maintains Buy on Align Tech, Lowers Price Target to $350
25 Jul 24
Piper Sandler Maintains Overweight on Align Tech, Lowers Price Target to $315
25 Jul 24
Align Technology Stock Drops On Q2 Earnings: What Investors Need To Know
24 Jul 24
Align Technology Sees Q3 2024 Revenue $980M-$1B Vs $1.03B Estimate
24 Jul 24
Press releases
Align Technology Introduces iTero™ Design Suite, Enabling Intuitive Design Capabilities for In-Practice 3D Printing to Boost Practice Efficiency
24 Jul 24
Align Technology Awards Funding to Universities Worldwide for Advancing Orthodontic and Dental Research
3 Jun 24
Align Technology Appoints Emory Wright, EVP Direct Fabrication Manufacturing Platform to Build the Company's Next Generation Manufacturing Operations -- Wright Plans to Retire in 2026
22 May 24
Align Technology to Speak at Upcoming Financial Conferences
13 May 24