37,733 Shares in Stratasys, Ltd. (NASDAQ:SSYS) Acquired by Brown Advisory Inc.

Brown Advisory Inc. bought a new stake in Stratasys, Ltd. (NASDAQ:SSYS) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 37,733 shares of the technology company’s stock, valued at approximately $369,000. Brown Advisory Inc. owned approximately 0.05% of Stratasys as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Headlands Technologies LLC acquired a new position in Stratasys in the 4th quarter valued at $68,000. Teton Advisors Inc. bought a new position in Stratasys in the fourth quarter valued at approximately $89,000. Harbor Capital Advisors Inc. acquired a new position in Stratasys during the first quarter worth $105,000. Hsbc Holdings PLC increased its holdings in shares of Stratasys by 10.4% in the fourth quarter. Hsbc Holdings PLC now owns 16,664 shares of the technology company’s stock valued at $148,000 after purchasing an additional 1,564 shares during the last quarter. Finally, Graham Capital Management L.P. bought a new stake in shares of Stratasys in the fourth quarter valued at about $166,000. Institutional investors and hedge funds own 75.77% of the company’s stock.

Stratasys Price Performance

NASDAQ SSYS opened at $11.11 on Wednesday. The stock has a market capitalization of $796.81 million, a price-to-earnings ratio of -7.41 and a beta of 1.53. Stratasys, Ltd. has a one year low of $6.05 and a one year high of $12.88. The business’s fifty day moving average is $10.85 and its 200-day moving average is $10.25.

Stratasys (NASDAQ:SSYS) last issued its earnings results on Thursday, May 8th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.01. The business had revenue of $136.05 million during the quarter, compared to analyst estimates of $134.11 million. Stratasys had a negative return on equity of 1.86% and a negative net margin of 19.02%. Stratasys’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.02) earnings per share. Research analysts expect that Stratasys, Ltd. will post -0.4 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Stratasys from a “hold” rating to a “buy” rating in a report on Thursday, May 15th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $12.20.

Stratasys Profile

Stratasys Ltd. provides connected polymer-based 3D printing solutions. It offers range of 3D printing systems, which includes polyjet printer, Fused Deposition Modeling (FDM) printers, stereolithography printing systems, origin P3 printers, and selective absorption fusion printer for additive manufacturing, and tooling and rapid prototyping for various vertical markets, such as automotive, aerospace, consumer products and healthcare.