As Align Technology (ALGN) Share Value Rose, Shareholder Disciplined Growth Investors Cut Holding; As Taiwan Semiconductor (TSM) Share Price Rose, Shareholder Columbia Partners Investment Management Increased Its Position

December 7, 2017 - By Dolores Ford

Disciplined Growth Investors Inc decreased its stake in Align Technology Inc (ALGN) by 0.54% based on its latest 2017Q2 regulatory filing with the SEC. Disciplined Growth Investors Inc sold 6,034 shares as the company’s stock rose 36.03% with the market. The institutional investor held 1.11M shares of the health care company at the end of 2017Q2, valued at $166.61M, down from 1.12M at the end of the previous reported quarter. Disciplined Growth Investors Inc who had been investing in Align Technology Inc for a number of months, seems to be less bullish one the $18.75 billion market cap company. The stock increased 0.33% or $0.78 during the last trading session, reaching $233.79. About 70,337 shares traded. Align Technology, Inc. (NASDAQ:ALGN) has risen 82.22% since December 7, 2016 and is uptrending. It has outperformed by 65.52% the S&P500.

Columbia Partners Llc Investment Management increased its stake in Taiwan Semiconductor (TSM) by 19.54% based on its latest 2017Q2 regulatory filing with the SEC. Columbia Partners Llc Investment Management bought 17,852 shares as the company’s stock rose 8.84% with the market. The institutional investor held 109,206 shares of the semiconductors company at the end of 2017Q2, valued at $3.82 million, up from 91,354 at the end of the previous reported quarter. Columbia Partners Llc Investment Management who had been investing in Taiwan Semiconductor for a number of months, seems to be bullish on the $194.98 billion market cap company. The stock increased 0.26% or $0.1 during the last trading session, reaching $38.78. About 280,657 shares traded. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 51.40% since December 7, 2016 and is uptrending. It has outperformed by 34.70% the S&P500.




Investors sentiment increased to 1.39 in 2017 Q2. Its up 0.37, from 1.02 in 2017Q1. It is positive, as 28 investors sold ALGN shares while 145 reduced holdings. 108 funds opened positions while 133 raised stakes. 62.01 million shares or 7.06% less from 66.72 million shares in 2017Q1 were reported. Manufacturers Life Ins Company The reported 79,693 shares or 0.01% of all its holdings. Macquarie Gru Ltd reported 264,899 shares or 0.07% of all its holdings. Federated Investors Incorporated Pa reported 685,086 shares or 0.3% of all its holdings. Asset Mgmt One Ltd, Japan-based fund reported 113,669 shares. Stevens Cap Lp holds 55,350 shares or 0.31% of its portfolio. Schwab Charles reported 0.05% in Align Technology, Inc. (NASDAQ:ALGN). Texas Permanent School Fund, a Texas-based fund reported 23,817 shares. Geode Capital Mgmt Ltd Co owns 0.05% invested in Align Technology, Inc. (NASDAQ:ALGN) for 858,737 shares. Asset owns 50,667 shares. Dorsey Wright And Associates reported 0.74% of its portfolio in Align Technology, Inc. (NASDAQ:ALGN). Alliancebernstein LP owns 0.17% invested in Align Technology, Inc. (NASDAQ:ALGN) for 1.49 million shares. Financial owns 13 shares for 0% of their portfolio. Cornerstone Mngmt Holding Ltd Com has invested 0.02% in Align Technology, Inc. (NASDAQ:ALGN). Gulf Comml Bank (Uk) Limited invested in 22,150 shares or 0.05% of the stock. Mason Street Ltd Liability Co has 10,480 shares.

Disciplined Growth Investors Inc, which manages about $4.06B and $4.79B US Long portfolio, upped its stake in Akamai Technologies Com (NASDAQ:AKAM) by 7,575 shares to 1.65 million shares, valued at $81.98 million in 2017Q2, according to the filing. It also increased its holding in Plexus Corp Com (NASDAQ:PLXS) by 16,329 shares in the quarter, for a total of 3.04M shares, and has risen its stake in Viasat Inc Com (NASDAQ:VSAT).

Among 11 analysts covering Align Technology (NASDAQ:ALGN), 11 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Align Technology had 45 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, November 9 by Credit Suisse. The firm has “Buy” rating given on Friday, January 29 by Stifel Nicolaus. On Wednesday, September 13 the stock rating was maintained by Jefferies with “Buy”. Morgan Stanley maintained the shares of ALGN in report on Friday, October 6 with “Overweight” rating. On Wednesday, March 23 the stock rating was maintained by Roth Capital with “Buy”. The rating was upgraded by Bank of America to “Buy” on Friday, July 28. The stock of Align Technology, Inc. (NASDAQ:ALGN) earned “Buy” rating by Robert W. Baird on Monday, September 11. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, September 11. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, October 23. Stifel Nicolaus maintained Align Technology, Inc. (NASDAQ:ALGN) on Friday, June 23 with “Buy” rating.

Analysts await Align Technology, Inc. (NASDAQ:ALGN) to report earnings on January, 30. They expect $0.96 earnings per share, up 43.28% or $0.29 from last year’s $0.67 per share. ALGN’s profit will be $76.97 million for 60.88 P/E if the $0.96 EPS becomes a reality. After $1.01 actual earnings per share reported by Align Technology, Inc. for the previous quarter, Wall Street now forecasts -4.95% negative EPS growth.

More notable recent Align Technology, Inc. (NASDAQ:ALGN) news were published by: Zacks.com which released: “Why Align Technology (ALGN) is Poised to Beat Earnings Estimates Again …” on December 05, 2017, also Finance.Yahoo.com with their article: “Align Technology at 52-Week High: What’s Driving the Stock?” published on November 08, 2017, Seekingalpha.com published: “Align Technology Wows Investors With Stellar Q3 Performance” on November 13, 2017. More interesting news about Align Technology, Inc. (NASDAQ:ALGN) were released by: Nasdaq.com and their article: “Here’s Why You Should Invest in Align Technology (ALGN) Now” published on November 23, 2017 as well as Marketwired.com‘s news article titled: “Align Technology Files Six Patent Infringement Lawsuits Asserting 26 Patents …” with publication date: November 14, 2017.

Columbia Partners Llc Investment Management, which manages about $3.03B and $783.99M US Long portfolio, decreased its stake in Home Bancshares Inc (NASDAQ:HOMB) by 52,092 shares to 15,214 shares, valued at $378,000 in 2017Q2, according to the filing. It also reduced its holding in Nu Skin Asia Pacific (NYSE:NUS) by 12,433 shares in the quarter, leaving it with 55,317 shares, and cut its stake in Cl C.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.