Bull Harbor Capital LLC Acquires New Stake in Align Technology, Inc. $ALGN

Posted by Francis Steltz on Jul 31st, 2026

Bull Harbor Capital LLC bought a new position in shares of Align Technology, Inc. (NASDAQ:ALGN – Free Report) in the 1st quarter, HoldingsChannel.com reports. The firm bought 4,144 shares of the medical equipment provider’s stock, valued at approximately $710,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sunbelt Securities Inc. raised its stake in Align Technology by 222.4% in the fourth quarter. Sunbelt Securities Inc. now owns 158 shares of the medical equipment provider’s stock valued at $25,000 after purchasing an additional 109 shares in the last quarter. Blue Trust Inc. grew its stake in Align Technology by 77.5% in the 1st quarter. Blue Trust Inc. now owns 158 shares of the medical equipment provider’s stock worth $27,000 after buying an additional 69 shares in the last quarter. Independence Bank of Kentucky grew its stake in Align Technology by 77.7% in the 4th quarter. Independence Bank of Kentucky now owns 183 shares of the medical equipment provider’s stock worth $29,000 after buying an additional 80 shares in the last quarter. Tobam bought a new position in shares of Align Technology in the 4th quarter worth $30,000. Finally, Hollencrest Capital Management bought a new position in shares of Align Technology in the 1st quarter worth $34,000. Hedge funds and other institutional investors own 88.43% of the company’s stock.

Align Technology Price Performance

Shares of ALGN stock opened at $173.41 on Friday. The business has a 50-day moving average of $174.44 and a 200 day moving average of $175.25. Align Technology, Inc. has a 1-year low of $122.00 and a 1-year high of $200.43. The stock has a market capitalization of $12.42 billion, a PE ratio of 30.16, a P/E/G ratio of 1.85 and a beta of 1.67.

Align Technology (NASDAQ:ALGN – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The medical equipment provider reported $2.64 earnings per share for the quarter, beating the consensus estimate of $2.62 by $0.02. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.05 billion. Align Technology had a return on equity of 16.04% and a net margin of 9.99%.The business’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.49 earnings per share. Analysts anticipate that Align Technology, Inc. will post 9.48 EPS for the current year.

Align Technology declared that its board has approved a share repurchase plan on Wednesday, April 29th that allows the company to buyback $200.00 million in shares. This buyback authorization allows the medical equipment provider to reacquire up to 1.6% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Align Technology News Roundup

Here are the key news stories impacting Align Technology this week:

Positive Sentiment: Q2 results exceeded expectations: Align reported adjusted earnings of $2.64 per share versus the $2.62 consensus estimate, while revenue reached approximately $1.06 billion, ahead of expectations and up 4.3% year over year. Non-GAAP margins also improved. Align Technology Announces Second Quarter 2026 Financial Results
Positive Sentiment: Clear-aligner momentum remains strong: Record Invisalign shipments and continued expansion of digital workflows support Align’s core growth strategy. Management highlighted increased adoption of connected orthodontic tools and reaffirmed its 2026 outlook. ALGN Q2 Earnings Call Highlights Digital Growth Push
Positive Sentiment: Board and strategic changes could enhance shareholder value: Align plans to add three independent directors and conduct an operational review following discussions with Elliott Investment Management. The initiatives may improve governance, efficiency and capital allocation. Align Technology to overhaul board following engagement with Elliott
Neutral Sentiment: Digital orthodontics remains a long-term focus: At its 2026 Invisalign Ortho Summit, Align presented its “Beyond Possible” vision for connected digital orthodontics, emphasizing integration of Invisalign, iTero scanners and exocad software. The event reinforces the company’s strategy but provides limited immediate financial impact. Align Technology Hosts 2026 Invisalign Ortho Summit
Negative Sentiment: Near-term concerns temper the earnings beat: Third-quarter revenue guidance was broadly in line but was viewed as slightly below some expectations. Investors are also monitoring scanner pricing pressure and weaker systems performance, which could limit revenue growth and offset clear-aligner strength. Needham maintained a Hold rating, citing capped near-term upside. Align Technology Hold Rating Maintained

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ALGN shares. Evercore raised their price target on Align Technology from $200.00 to $220.00 in a research report on Thursday, April 30th. Zacks Research cut Align Technology from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 16th. Citigroup initiated coverage on Align Technology in a research report on Wednesday, April 15th. They set a “buy” rating and a $240.00 price objective on the stock. Weiss Ratings upgraded Align Technology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 17th. Finally, Morgan Stanley upped their target price on Align Technology from $169.00 to $188.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $206.36.

View Our Latest Stock Report on Align Technology

Align Technology Profile

(Free Report)

Align Technology, Inc (NASDAQ: ALGN) 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.

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.