Tuesday, February 06, 2018 10:15 PM ET
Align Technology (ALGN) Insider Makes Significant Share Sale
A SEC filing today indicated a substantial insider sale of Align Technology shares as — Emory Wright, Officer — disposed of 45,780 shares in the company having a market value of approximately $11,906,664. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 34,724 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 80,504 shares and have averaged 20,126 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Align Technology is higher than its 83-company peer group average. The Medical Equipment, Supplies & Distribution peer group saw 86 buy/sell trades during this period for an average of 1.0 transactions per company. However, the number of shares traded per transaction by Align Technology insiders is lower than its peers. Within the peer group there were 2,472,580 shares purchased and 1,173,902 shares sold with company insiders having bought 21,290 shares on average over this time period.
The data sourced in creating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
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