The director of Align Technology, Inc. (ALGN), Joseph Lacob Unloaded 20,000 Shares of the Company; Oceanic Investment Management LTD Raised Capital Product Partners LP (CPLP) Position By $374,700

Align Technology, Inc. (NASDAQ:ALGN) Logo

Oceanic Investment Management Ltd increased Capital Product Partners LP (CPLP) stake by 11.35% reported in 2017Q4 SEC filing. Oceanic Investment Management Ltd acquired 124,900 shares as Capital Product Partners LP (CPLP)’s stock declined 7.37%. The Oceanic Investment Management Ltd holds 1.22 million shares with $4.12 million value, up from 1.10 million last quarter. Capital Product Partners LP now has $408.51M valuation. The stock increased 0.80% or $0.03 during the last trading session, reaching $3.15. About 141,698 shares traded. Capital Product Partners L.P. (NASDAQ:CPLP) has declined 6.55% since May 16, 2017 and is downtrending. It has underperformed by 18.10% the S&P500.

Since February 2, 2018, it had 1 buying transaction, and 5 selling transactions for $44.57 million activity. Wright Emory had sold 27,492 shares worth $7.25 million. $3.97 million worth of Align Technology, Inc. (NASDAQ:ALGN) was sold by LARKIN C RAYMOND JR on Monday, May 7. 1,500 shares valued at $350,445 were bought by HOGAN JOSEPH M on Tuesday, February 13. Shares for $20.73M were sold by PRESCOTT THOMAS M on Monday, April 30. On Monday, May 7 Olson Jennifer sold $1.07 million worth of Align Technology, Inc. (NASDAQ:ALGN) or 4,063 shares.

The stock increased 1.73% or $4.92 during the last trading session, reaching $288.69. About 654,124 shares traded. Align Technology, Inc. (NASDAQ:ALGN) has risen 117.77% since May 16, 2017 and is uptrending. It has outperformed by 106.22% the S&P500.

Align Technology, Inc. designs, manufactures, and markets a system of clear aligner therapy, intra-oral scanners, and computer-aided design and computer-aided manufacturing digital services. The company has market cap of $23.14 billion. The company's Clear Aligner segment offers Invisalign Full, a treatment used for a range of malocclusion; Invisalign Teen treatment that addresses orthodontic needs of teenage patients, such as compliance indicators, compensation for tooth eruption, and six free single arch replacement aligners; and Invisalign Assist treatment for anterior alignment and aesthetically-oriented cases. It has a 102.01 P/E ratio. It also provides Invisalign Express (10 and 5) and Invisalign Lite/i7 treatments for orthodontic cases, non-comprehensive treatment relapse cases, or straightening prior to restorative or cosmetic treatments; Invisalign Go, a solution for general practitioner dentists (GPs) to identify and treat patients with mild malocclusion; SmileDirectClub aligners for minor tooth movement; custom clear aligner retainers used to maintain tooth position and correct minor relapse; and SmartTrack, a custom-engineered material that delivers force for orthodontic tooth movements.

Joseph Lacob, an insider of Align Technology Inc, currently director a few days ago disclosed a considerable trade with the (SEC). As published in the public form, Joseph Lacob purchased 20,000 shares of the stock exchange listed company, priced at $289.4 per share. $5,788,220 USD was the trade’s value. The SEC document’s date was 14/05/2018. At present, Joseph Lacob owns 296,264 shares which are roughly 0.37% of the company’s market capitalization.

More notable recent Align Technology, Inc. (NASDAQ:ALGN) news were published by: Benzinga.com which released: “Align Tech Faces Slowing Growth, Potential Headwinds, Morgan Stanley Says In Downgrade” on April 20, 2018, also Globenewswire.com with their article: “Align Technology Provides Update Regarding SmileDirectClub (SDC) Dispute” published on April 25, 2018, Globenewswire.com published: “Align Technology Announces First Quarter 2018 Financial Results” on April 25, 2018. More interesting news about Align Technology, Inc. (NASDAQ:ALGN) were released by: Benzinga.com and their article: “Jim Cramer Weighs In On Align Technology, Berkshire Hathaway, Symantec And More” published on May 15, 2018 as well as Investorplace.com‘s news article titled: “Morgan Stanley Is Right to Worry About Align Technology, Inc. (ALGN) Stock” with publication date: April 24, 2018.

Investors sentiment is 0.93 in 2017 Q4. Its the same as in 2017Q3. It is without change, as 37 investors sold Align Technology, Inc. shares while 216 reduced holdings. only 100 funds opened positions while 136 raised stakes. 60.90 million shares or 3.22% less from 62.92 million shares in 2017Q3 were reported. Sg Americas Securities Ltd Liability Corp holds 8,994 shares or 0.02% of its portfolio. Riverpark Management Lc reported 56,993 shares. Sumitomo Mitsui Trust Hldgs Inc reported 266,278 shares stake. Renaissance Ltd reported 2.61M shares stake. Parkwood Limited Liability Corporation reported 1,089 shares. Gru One Trading L P invested in 0.07% or 44,378 shares. 993,617 were reported by Disciplined Growth Mn. Moreover, Great Lakes Advisors Lc has 0.02% invested in Align Technology, Inc. (NASDAQ:ALGN). Pictet Asset Mgmt Ltd has invested 0.23% in Align Technology, Inc. (NASDAQ:ALGN). Carroll Fincl Associates Inc owns 1,350 shares or 0.03% of their US portfolio. Dsam Prtn (London) reported 4,168 shares. 2,800 are owned by Martin Currie. 72,268 are owned by Tcw Group. Moreover, Putnam Invs Ltd Limited Liability Company has 0% invested in Align Technology, Inc. (NASDAQ:ALGN). Hbk Investments Limited Partnership stated it has 0.03% of its portfolio in Align Technology, Inc. (NASDAQ:ALGN).

Among 15 analysts covering Align Technology (NASDAQ:ALGN), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Align Technology has $320 highest and $72 lowest target. $259.29’s average target is -10.18% below currents $288.69 stock price. Align Technology had 63 analyst reports since July 27, 2015 according to SRatingsIntel. Robert W. Baird downgraded Align Technology, Inc. (NASDAQ:ALGN) on Monday, October 3 to “Neutral” rating. The stock of Align Technology, Inc. (NASDAQ:ALGN) earned “Buy” rating by Credit Suisse on Thursday, November 9. Stifel Nicolaus maintained it with “Buy” rating and $265.0 target in Tuesday, November 21 report. The firm earned “Hold” rating on Wednesday, July 12 by Credit Suisse. As per Wednesday, May 31, the company rating was maintained by Jefferies. Stifel Nicolaus maintained Align Technology, Inc. (NASDAQ:ALGN) on Monday, October 23 with “Buy” rating. The stock of Align Technology, Inc. (NASDAQ:ALGN) earned “Buy” rating by Leerink Swann on Friday, October 27. Stifel Nicolaus maintained it with “Buy” rating and $205.0 target in Monday, September 11 report. The rating was initiated by Piper Jaffray with “Overweight” on Wednesday, November 18. The firm has “Buy” rating by Robert W. Baird given on Tuesday, November 28.

Analysts await Align Technology, Inc. (NASDAQ:ALGN) to report earnings on July, 26. They expect $1.06 EPS, up 24.71% or $0.21 from last year’s $0.85 per share. ALGN’s profit will be $84.96M for 68.09 P/E if the $1.06 EPS becomes a reality. After $1.17 actual EPS reported by Align Technology, Inc. for the previous quarter, Wall Street now forecasts -9.40% negative EPS growth.

Among 9 analysts covering Capital Product Partners L.P. (NASDAQ:CPLP), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Capital Product Partners L.P. had 13 analyst reports since August 25, 2015 according to SRatingsIntel. The stock of Capital Product Partners L.P. (NASDAQ:CPLP) earned “Buy” rating by Standpoint Research on Friday, March 18. The stock has “Outperform” rating by Wells Fargo on Wednesday, January 25. The stock of Capital Product Partners L.P. (NASDAQ:CPLP) earned “Neutral” rating by Seaport Global on Monday, March 7. The stock of Capital Product Partners L.P. (NASDAQ:CPLP) earned “Hold” rating by Zacks on Monday, September 7. The firm earned “Hold” rating on Thursday, August 27 by Zacks. The stock of Capital Product Partners L.P. (NASDAQ:CPLP) has “Buy” rating given on Friday, December 4 by Janney Capital. The rating was downgraded by Zacks on Tuesday, August 25 to “Buy”. Evercore upgraded the stock to “Buy” rating in Thursday, January 19 report. As per Friday, March 11, the company rating was downgraded by Wells Fargo. On Monday, December 18 the stock rating was initiated by Jefferies with “Buy”.

More important recent Capital Product Partners L.P. (NASDAQ:CPLP) news were published by: Nasdaq.com which released: “Industry Leaders at Capital Link’s Analyst & Investor Day Forum on Monday, June 4, 2018 at Athens, Greece” on May 16, 2018, also Nasdaq.com published article titled: “Capital Product Partners LP Completes Acquisition of the M/T ‘Anikitos'”, Globenewswire.com published: “Capital Product Partners LP Schedules First Quarter 2018 Earnings Release, Conference Call and Webcast” on April 19, 2018. More interesting news about Capital Product Partners L.P. (NASDAQ:CPLP) was released by: Nasdaq.com and their article: “Capital Product Partners LP Announces FIRST Quarter 2018 Financial Results AND FLEET EMPLOYMENT UPDATES” with publication date: April 30, 2018.

Oceanic Investment Management Ltd decreased Scorpio Tankers Inc (NYSE:STNG) stake by 1.01M shares to 3.68M valued at $11.22M in 2017Q4. It also reduced Independence Contract Dril I (NYSE:ICD) stake by 432,468 shares and now owns 171,664 shares. Eagle Bulk Shipping Inc was reduced too.

Align Technology, Inc. (NASDAQ:ALGN) Institutional Positions Chart