ALGN Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own ALGN shares is 1076, representing 90.19% of the company's common stock.

MILLENNIUM MANAGEMENT LLC, in the last quarter, reduced its stake in ALGN by -31.15% restricting it's holding to 532.96 thousand shares of worth nearly $174.77M. LEGAL & GENERAL GROUP PLC also lessened -1.35% of the ALGN shares from its portfolio, reducing its holding to 546.6 thousand shares of worth $179.24M. CHAMPLAIN INVESTMENT PARTNERS, LLC also shunned ALGN shares holding by -3.04% last quarter which brought its holding to 551.32 thousand shares worth $180.79M.

As per its latest 13F filing, KEYBANK NATIONAL ASSOCIATION/OH increased its stake in ALGN by 0.01% in the last quarter. The institutional holder raised its holding to 427.23 thousand shares having worth more than $140.10M. CHARLES SCHWAB INVESTMENT MANAGEMENT INC also added 3.42% more shares of ALGN to its portfolio, raising its holding to 439.11 thousand shares of worth $143.99M. ENVESTNET ASSET MANAGEMENT INC also increased its ALGN shares holding by 14.54% which brought its holding to 475.06 thousand shares worth $155.78M.

The insider with the most stakes in ALGN is HOGAN JOSEPH M , President and CEO at the company. Additionally, ALGN stock is highly held by director LACOB JOSEPH and director PRESCOTT THOMAS M among others.

Company executives, directors, and other insiders own 6.6% percent of Align Technology, Inc.'s stock. Within the last six months, there have been 0 transaction(s) in which ALGN insiders have sold stock, totaling 0 shares. Insiders that have sold shares include LACOB JOSEPH, WRIGHT EMORY, and THALER WARREN S.

There have been 1 transaction(s) during the past 6-months in which Align Technology, Inc. insiders have bought stock, totalling 6500 shares

Around 28.25K Align Technology, Inc. shares are held by insiders, which represents about 6.6% of ALGN stock.

ALGN President and CEO, HOGAN JOSEPH M holds the largest portfolio of the company's shares. ALGN shares owned by HOGAN total nearly 208.66 thousand.

RAILWAY PENSION INVESTMENTS LTD is the largest institutional owner in ALGN which holds 367.86 thousand shares worth $120.63M or 0.49% of the total ALGN shares outstanding followed by KEYBANK NATIONAL ASSOCIATION/OH with ownership of 427.23 thousand shares representing 0.57% of the ALGN ownership. CHARLES SCHWAB INVESTMENT MANAGEMENT INC is the third largest stakeholder with 439.11 thousand shares or 0.58% of the ownership worth more than $143.99M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the ALGN is concerned, it is a stock which is optionable.

Number of ALGN shares short is 2.34M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 74.65M shares of ALGN are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, ALGN has 70.16M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for ALGN is 3.49.