210,000 Shares in Stratasys, Ltd. $SSYS Purchased by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. acquired a new position in shares of Stratasys, Ltd. (NASDAQ:SSYS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 210,000 shares of the technology company’s stock, valued at approximately $2,352,000. Hussman Strategic Advisors Inc. owned 0.25% of Stratasys at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Rubric Capital Management LP lifted its position in shares of Stratasys by 18.3% in the second quarter. Rubric Capital Management LP now owns 7,803,097 shares of the technology company’s stock worth $89,502,000 after purchasing an additional 1,205,764 shares in the last quarter. Magnetar Financial LLC purchased a new stake in Stratasys in the 2nd quarter worth approximately $3,234,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Stratasys during the 2nd quarter valued at $1,708,000. BNP Paribas Financial Markets boosted its stake in shares of Stratasys by 75.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 329,872 shares of the technology company’s stock valued at $3,784,000 after buying an additional 141,558 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in shares of Stratasys by 41.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 332,395 shares of the technology company’s stock valued at $3,813,000 after acquiring an additional 96,731 shares in the last quarter. Institutional investors and hedge funds own 75.77% of the company’s stock.

Stratasys Stock Performance

Shares of NASDAQ SSYS opened at $11.20 on Wednesday. The business’s 50-day simple moving average is $9.52 and its 200-day simple moving average is $10.28. 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. The firm has a market cap of $953.01 million, a price-to-earnings ratio of -6.91 and a beta of 1.43.

Stratasys (NASDAQ:SSYS) last announced its quarterly earnings results on Thursday, November 13th. The technology company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.03. Stratasys had a negative return on equity of 0.72% and a negative net margin of 22.69%.The company had revenue of $136.97 million for the quarter, compared to the consensus estimate of $136.60 million. During the same quarter last year, the company posted $0.01 earnings per share. The company’s revenue for the quarter was down 2.2% compared to the same quarter last year. Stratasys has set its FY 2025 guidance at 0.130-0.160 EPS. As a group, equities research analysts expect that Stratasys, Ltd. will post -0.4 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on SSYS shares. UBS Group reissued an “overweight” rating on shares of Stratasys in a research report on Friday, November 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Stratasys in a report on Thursday, January 22nd. Needham & Company LLC dropped their price objective on Stratasys from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, November 14th. Finally, Cantor Fitzgerald raised their price objective on shares of Stratasys from $13.00 to $13.50 and gave the company an “overweight” rating in a research report on Friday, November 14th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $12.75.

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.