Align Technology Inc (ALGN): Thomas M Prescott , director of Align Technology Inc sold 64,773 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $74.54 per share for a total value of $4,828,179.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 25, 2016, Christopher C. Puco (VP, No. American Sales) sold 11,413 shares at $63.50 per share price.On Feb 24, 2016, Timothy A Mack (VP, Bus Dev) sold 28,384 shares at $63.24 per share price.Also, On Feb 5, 2016, Greg J Santora (director) sold 9,000 shares at $67.28 per share price.On Jan 5, 2016, David C Nagel (director) sold 1,100 shares at $64.64 per share price.
Shares of Align Technology (ALGN) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.1 points or -0.13% at $74.8 with 8,03,330 shares getting traded. Post opening the session at $74.4, the shares hit an intraday low of $74.05 and an intraday high of $75.08 and the price vacillated in this range throughout the day. The company has a market cap of $5,956 M and the number of outstanding shares has been calculated to be 7,96,25,640 shares. The 52-week high of Align Technology is $75.74 and the 52-week low is $52.01.
Align Technology Inc. (Align) is a medical device company. The Company designs manufactures and markets a system of clear aligner therapy intra-oral scanners and computer-aided design and computer-aided manufacturing (CAD/CAM) digital services for dentistry orthodontics and dental records storage. The Company operates through two segments: Clear Aligner known as the Invisalign system and Scanners and Services known as the iTero intraoral scanner and OrthoCAD services. The Company’s Clear Aligner segment provides malocclusion and orthodontic treatment. The Company’s Scanners and Services Segment offers iTero intraoral scanner which utilizes laser and optical scanning to capture the contours of the patient’s dentition gingival structures and the bite. It distributes products directly to customers including orthodontists and general practitioner dentists (GPs) as well as to restorative dentists including prosthodontists periodontists and oral surgeons.