Align Technology designs, manufactures and offers the Invisalign® system, the most advanced clear aligner system in the world, iTero® intraoral scanners and services, and exocad CAD/CAM software. These technology building blocks enable enhanced digital orthodontic and restorative workflows to improve patient outcomes and practice efficiencies for over 200 thousand doctor customers, and is key to accessing Align's 500 million consumer market opportunity worldwide. Align has helped doctors treat over 9.6 million patients with the Invisalign system and is driving the evolution in digital dentistry through the Align Digital Platform, its integrated suite of unique, proprietary technologies and services delivered as a seamless, end-to-end solution for patients and consumers, orthodontists and GP dentists, and lab/partners.
Company profile
Ticker
ALGN
Exchange
Website
CEO
Thomas Prescott
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Zimmer Biomet • Enovis • Steris • Intuitive Surgical • Avanos Medical • Edwards Lifesciences • Invacare • MSA Safety • Surgalign • RTI Surgical ...
SEC CIK
Corporate docs
Subsidiaries
Align Technology Switzerland GmbH ...
IRS number
943267295
ALGN stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Amendments to Articles of Incorporation or Bylaws
1 Mar 23
10-K
2022 FY
Annual report
27 Feb 23
8-K
Align Technology Announces $250 Million Accelerated Stock Repurchase Agreement
3 Feb 23
8-K
Align Technology Announces Fourth Quarter and Fiscal 2022 Results
1 Feb 23
8-K
Entry into a Material Definitive Agreement
27 Dec 22
10-Q
2022 Q3
Quarterly report
4 Nov 22
8-K/A
Align Technology Announces $200 Million Accelerated Stock Repurchase Agreement Under Its $1 Billion Repurchase Program
31 Oct 22
8-K
Align Technology Announces $200 Million Accelerated Stock Repurchase Program
28 Oct 22
8-K
Align Technology Announces Third Quarter 2022 Results
26 Oct 22
10-Q
2022 Q2
Quarterly report
4 Aug 22
Transcripts
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
ALGN
Earnings call transcript
2022 Q1
27 Apr 22
ALGN
Earnings call transcript
2021 Q4
3 Feb 22
ALGN
Earnings call transcript
2021 Q3
28 Oct 21
ALGN
Earnings call transcript
2021 Q2
29 Jul 21
ALGN
Earnings call transcript
2021 Q1
29 Apr 21
ALGN
Earnings call transcript
2020 Q4
4 Feb 21
ALGN
Earnings call transcript
2020 Q3
22 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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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) | 942.36 mm | 942.36 mm | 942.36 mm | 942.36 mm | 942.36 mm | 942.36 mm |
| Cash burn (monthly) | 34.13 mm | 13.15 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 91.24 mm | 35.15 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 851.12 mm | 907.20 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 24.9 | 69.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
85.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 694 |
| Opened positions | 100 |
| Closed positions | 118 |
| Increased positions | 235 |
| Reduced positions | 267 |
| 13F shares | Current |
|---|---|
| Total value | 13.70 tn |
| Total shares | 65.27 mm |
| Total puts | 954.70 k |
| Total calls | 1.45 mm |
| Total put/call ratio | 0.7 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 8.33 mm | $1.76 tn |
| BLK Blackrock | 5.47 mm | $1.15 tn |
| Edgewood Management | 3.41 mm | $718.99 bn |
| STT State Street | 3.05 mm | $643.24 bn |
| Sands Capital Management | 2.66 mm | $570.20 bn |
| Wellington Management | 2.14 mm | $451.91 bn |
| Capital World Investors | 2.13 mm | $448.22 bn |
| Polen Capital Management | 1.67 mm | $353.06 bn |
| T. Rowe Price | 1.63 mm | $350.08 bn |
| Geode Capital Management | 1.55 mm | $332.00 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 20 Feb 23 | Coletti Julie Ann | Common Stock | Payment of exercise | Dispose F | No | No | 316.71 | 1,153 | 365.17 k | 2,578 |
| 20 Feb 23 | Coletti Julie Ann | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,600 | 0.00 | 3,731 |
| 20 Feb 23 | Coletti Julie Ann | Market Stock Unit Common Stock | Grant | Acquire A | No | No | 0.0001 | 4,374 | 0.44 | 4,374 |
| 20 Feb 23 | Coletti Julie Ann | RSU Common Stock | Grant | Acquire A | No | No | 0.0001 | 2,154 | 0.22 | 2,154 |
| 20 Feb 23 | Coletti Julie Ann | Market Stock Unit Common Stock | Option exercise | Dispose M | No | No | 0.0001 | 1,381 | 0.14 | 0 |
| 20 Feb 23 | Coletti Julie Ann | RSU Common Stock | Option exercise | Dispose M | No | No | 0.0001 | 251 | 0.03 | 0 |
| 20 Feb 23 | Coletti Julie Ann | RSU Common Stock | Option exercise | Dispose M | No | No | 0.0001 | 453 | 0.05 | 452 |
| 20 Feb 23 | Coletti Julie Ann | Restrictd Stock Unit Common Stock | Option exercise | Dispose M | No | No | 0.0001 | 223 | 0.02 | 445 |
| 20 Feb 23 | Coletti Julie Ann | RSU Common Stock | Option exercise | Dispose M | No | No | 0.0001 | 292 | 0.03 | 875 |
| 20 Feb 23 | Hockridge Stuart A | Common Stock | Payment of exercise | Dispose F | No | No | 316.71 | 1,286 | 407.29 k | 7,908 |
News
A Look Into Align Tech Inc's Price Over Earnings
17 Mar 23
Check Out What Whales Are Doing With ALGN
17 Mar 23
Looking Into Align Tech's Recent Short Interest
6 Mar 23
Golden Cross Appears Before Align Tech Investors
15 Feb 23
$1M Bet On This Healthcare Stock? Check Out These 4 Stocks Insiders Are Buying
10 Feb 23
Press releases
Align Technology Appoints Karim Boussebaa, EVP and MD of iTero Scanner and Services Business—Yuval Shaked to Leave Align End of 2023
8 Feb 23
Align Technology Announces $250 Million Accelerated Stock Repurchase Agreement
6 Feb 23
Thinking about trading options or stock in Align Technology, Harley-Davidson, Cloudflare, Coinbase Global, or Alphabet?
2 Feb 23
Align Technology Announces Fourth Quarter and Fiscal 2022 Financial Results
1 Feb 23
Align Technology to Announce Fourth Quarter and 2022 Results on February 1, 2023
3 Jan 23