Capital International Sarl Acquires 41,398 Shares of Align Technology, Inc. $ALGN

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Capital International Sarl significantly increased its stake in Align Technology, Inc. (NASDAQ:ALGN) by 107.6% in the third quarter, purchasing an additional 41,398 shares to now own 79,861 shares valued at approximately $10 million. This comes after Align Technology exceeded Q3 earnings estimates, reporting an EPS of $3.29 against an expected $2.99 and revenue of $1.05 billion. Despite several brokerage firms raising their price targets for ALGN, the stock maintains a consensus “Hold” rating with an average target price of $198.08.

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