Align Technology shares are trading higher after a Form4 filing showed Director Kevin Dallas bought 7,000 shares for $1,996,800.
Portfolio Pulse from Benzinga Newsdesk
Align Technology shares are trading higher after a Form4 filing showed Director Kevin Dallas bought 7,000 shares for $1,996,800.
June 01, 2023 | 4:23 pm
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Align Technology shares are trading higher after Director Kevin Dallas purchased 7,000 shares for $1,996,800.
The purchase of 7,000 shares by Director Kevin Dallas indicates a strong vote of confidence in Align Technology. This insider trading activity can be seen as a positive signal for investors, as it suggests that the director believes the company's stock is undervalued or has growth potential. As a result, this news is likely to have a positive short-term impact on Align Technology's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100