CEO of Align Technology Purchases Shares Amidst Buyback – Insider Weekends

Align Technology (ALGN): $192.13

Market Cap: $14.72B

Enterprise Value:$13.54B

Key Insights

Align Technology’s claim to fame and profits are Invisalign Clear Aligners – an alternative form of orthodontic treatment to traditional metal braces.
The company’s CEO and President, Joseph Hogan, has made two $1 million purchases in the last two weeks – following the stock’s sharp drop after Q3 2023 results were announced.
Align insiders have historically been spot on with their purchases, buying at the lows and selling at the peaks – and we decided to revisit the company to evaluate the potential for a rebound.

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