Ballentine Partners LLC reduced its stake in shares of Materialise NV (NASDAQ:MTLS – Free Report) by 21.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,668 shares of the software maker’s stock after selling 4,902 shares during the period. Ballentine Partners LLC’s holdings in Materialise were worth $124,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Retireful LLC bought a new stake in Materialise during the 4th quarter valued at approximately $161,000. GAMMA Investing LLC boosted its position in Materialise by 73.3% in the 4th quarter. GAMMA Investing LLC now owns 9,165 shares of the software maker’s stock valued at $65,000 after buying an additional 3,875 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Materialise by 1,589.4% in the third quarter. JPMorgan Chase & Co. now owns 41,238 shares of the software maker’s stock valued at $226,000 after acquiring an additional 38,797 shares during the last quarter. Barclays PLC raised its position in shares of Materialise by 45.3% in the 3rd quarter. Barclays PLC now owns 7,933 shares of the software maker’s stock valued at $43,000 after acquiring an additional 2,473 shares during the period. Finally, Disciplined Growth Investors Inc. MN raised its position in shares of Materialise by 0.5% during the third quarter. Disciplined Growth Investors Inc. MN now owns 1,601,641 shares of the software maker’s stock worth $8,777,000 after purchasing an additional 8,089 shares during the period. Institutional investors own 19.30% of the company’s stock.
Materialise Trading Up 4.9 %
Shares of NASDAQ MTLS opened at $8.20 on Monday. The firm has a 50 day moving average price of $7.56 and a two-hundred day moving average price of $6.26. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.65 and a current ratio of 1.81. Materialise NV has a 52-week low of $4.70 and a 52-week high of $8.50. The stock has a market cap of $484.37 million, a P/E ratio of 43.16 and a beta of 1.20.
Wall Street Analyst Weigh In
Check Out Our Latest Report on Materialise
About Materialise
Materialise NV provides additive manufacturing and medical software, and 3D printing services in the Americas, Europe and Africa, and the Asia-Pacific. The company operates through three segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. The Materialise Software segment offers software through programs and platforms that enable and enhance the functionality of 3D printers and of 3D printing operations.
See Also
- Five stocks we like better than Materialise
- Breakout Stocks: What They Are and How to Identify Them
- MP Materials: Rare Earth Elements Powering the EV Boom
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Verizon’s Turnaround Gains Traction: New Highs Are Likely in 2025
- Do ETFs Pay Dividends? What You Need to Know
- Bloom Energy: Powering the Future With Decentralized Energy
Receive News & Ratings for Materialise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Materialise and related companies with MarketBeat.com's FREE daily email newsletter.