AMH Equity Ltd Sells 84,000 Shares of Stratasys, Ltd. $SSYS

AMH Equity Ltd lessened its holdings in Stratasys, Ltd. (NASDAQ:SSYS) by 33.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 166,000 shares of the technology company’s stock after selling 84,000 shares during the period. Stratasys accounts for about 2.3% of AMH Equity Ltd’s investment portfolio, making the stock its 13th biggest holding. AMH Equity Ltd owned approximately 0.20% of Stratasys worth $1,859,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of SSYS. Janney Montgomery Scott LLC lifted its position in Stratasys by 4.3% in the second quarter. Janney Montgomery Scott LLC now owns 53,023 shares of the technology company’s stock worth $608,000 after purchasing an additional 2,172 shares during the period. OMERS ADMINISTRATION Corp boosted its holdings in Stratasys by 9.4% during the second quarter. OMERS ADMINISTRATION Corp now owns 28,000 shares of the technology company’s stock valued at $321,000 after purchasing an additional 2,400 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of Stratasys by 28.0% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 13,670 shares of the technology company’s stock valued at $157,000 after purchasing an additional 2,991 shares during the period. Raymond James Financial Inc. bought a new position in shares of Stratasys during the 2nd quarter worth approximately $35,000. Finally, Osaic Holdings Inc. boosted its stake in Stratasys by 66.7% in the 2nd quarter. Osaic Holdings Inc. now owns 8,199 shares of the technology company’s stock valued at $94,000 after buying an additional 3,282 shares in the last quarter. 75.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

SSYS has been the subject of a number of analyst reports. Needham & Company LLC cut their price objective on Stratasys from $13.00 to $12.00 and set a “buy” rating for the company in a report on Friday, November 14th. UBS Group reissued an “overweight” rating on shares of Stratasys in a report on Friday, November 14th. Cantor Fitzgerald upped their price objective on shares of Stratasys from $13.00 to $13.50 and gave the stock an “overweight” rating in a research note on Friday, November 14th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Stratasys in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.75.

Stratasys Stock Down 3.7%

Shares of NASDAQ:SSYS opened at $11.19 on Friday. The company has a 50 day moving average price of $9.24 and a two-hundred day moving average price of $10.31. The company has a market capitalization of $952.19 million, a PE ratio of -6.91 and a beta of 1.43. Stratasys, Ltd. has a 52 week low of $8.12 and a 52 week high of $12.88. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.69 and a current ratio of 3.65.

Stratasys (NASDAQ:SSYS) last released its quarterly earnings data on Thursday, November 13th. The technology company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.03. Stratasys had a negative net margin of 22.69% and a negative return on equity of 0.72%. The business had revenue of $136.97 million during the quarter, compared to analysts’ expectations of $136.60 million. During the same quarter in the prior year, the company earned $0.01 EPS. The firm’s quarterly revenue was down 2.2% on a year-over-year basis. Stratasys has set its FY 2025 guidance at 0.130-0.160 EPS. Analysts forecast that Stratasys, Ltd. will post -0.4 earnings per share for the current year.

Stratasys Profile

Stratasys, Inc is a global leader in additive manufacturing and 3D printing solutions, offering a comprehensive portfolio of technologies and materials for rapid prototyping and production. Founded in 1989 by Scott and Lisa Crump, the company pioneered fused deposition modeling (FDM) and has since expanded its capabilities to include PolyJet, stereolithography and metal deposition systems. Stratasys serves a broad array of customers, from small design studios to major industrial manufacturers, enabling accelerated product development and on-demand part production.

The company’s product line encompasses both desktop and industrial-grade 3D printers, dedicated support materials and proprietary software designed to streamline the digital manufacturing workflow.