According to Bloomberg, Elliott has built a position in the manufacturer of Invisalign, Align.

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2026-03-19 05:07:49

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Investing.com - Bloomberg reported on Wednesday evening that Elliott Investment Management has established a significant position in orthodontic product manufacturer Align Technology Inc (NASDAQ: ALGN).

Bloomberg cited sources familiar with the matter saying that this aggressive investment fund plans to encourage Align to boost its stock price. The size of the position is not yet clear.

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Align recorded a record revenue in 2025, driven by strong demand for its flagship product, Invisalign clear aligners. The company expects revenue growth of 3% to 4% in 2026, with an operating profit margin estimated between 18% and 23.7%.

The orthodontics company’s stock has increased about 4.8% over the past 12 months, lagging behind the nearly 18% rise of the S&P 500.

Elliott’s stake in Align comes as the hedge fund ramps up its aggressive investment activities. The firm also disclosed a significant investment in Japanese shipping giant Mitsui O.S.K. Lines (TYO: 9104) on Wednesday.

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