Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Align Technology, Inc shares valued at $582,362 were purchased by Wright Emory on Nov 25 ’24. At $232.94 per share, Wright Emory acquired 2,500 shares.
Also, LARKIN C RAYMOND JR purchased 6,500 shares, netting a total of over 1,529,645 in proceeds. Following the buying of shares at $235.33 each, the insider now holds 28,247 shares.
As published in a research note from HSBC Securities on April 25, 2025, Align Technology, Inc [ALGN] has been rated down from a Buy to a Hold and the price target has been revised to $170. Analysts at Wells Fargo started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid February. As of January 06, 2025, Leerink Partners has increased its “Market perform” rating to a “an Outperform” for ALGN. Earlier on December 04, 2024, Mizuho initiated its rating. Their recommendation was “an Outperform” for ALGN stock.
Analyzing ALGN Stock Performance
During the last five days, there has been a drop of approximately -2.22%. Over the course of the year, Align Technology, Inc shares have dropped approximately -16.89%. Shares of the company reached a 52-week high of $237.23 on 01/22/25 and a 52-week low of $141.74 on 04/08/25. A 50-day SMA is recorded $171.03, while a 200-day SMA reached $212.37.
Support And Resistance Levels for Align Technology, Inc (ALGN)
According to the 24-hour chart, there is a support level at 170.49, which, if violated, would cause prices to drop to 167.67. In the upper region, resistance lies at 176.81. The next price resistance is at 180.31. RSI (Relative Strength Index) is 51.75 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.83, which suggests the price will increase in the coming days. Percent R is at 42.63%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
