Exchange Traded Concepts LLC raised its stake in Stratasys, Ltd. (NASDAQ:SSYS – Free Report) by 18.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,629,459 shares of the technology company’s stock after acquiring an additional 256,908 shares during the period. Exchange Traded Concepts LLC owned approximately 1.91% of Stratasys worth $14,144,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Kopion Asset Management LLC raised its stake in Stratasys by 21.7% during the 4th quarter. Kopion Asset Management LLC now owns 935,626 shares of the technology company’s stock valued at $8,121,000 after buying an additional 166,523 shares during the last quarter. Penn Capital Management Company LLC boosted its stake in shares of Stratasys by 51.2% in the 3rd quarter. Penn Capital Management Company LLC now owns 191,578 shares of the technology company’s stock worth $2,146,000 after buying an additional 64,906 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of Stratasys in the third quarter worth $34,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Stratasys by 11.7% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 204,683 shares of the technology company’s stock valued at $2,314,000 after acquiring an additional 21,511 shares during the last quarter. Finally, Centiva Capital LP purchased a new stake in Stratasys during the third quarter valued at $302,000. 75.77% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the stock. Craig Hallum lowered their price objective on shares of Stratasys from $14.00 to $12.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. Needham & Company LLC cut their target price on shares of Stratasys from $12.00 to $11.50 and set a “buy” rating for the company in a research report on Thursday, March 5th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Stratasys in a report on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.33.
Stratasys Stock Down 3.4%
NASDAQ SSYS opened at $7.64 on Friday. The stock’s 50 day moving average is $9.81 and its 200 day moving average is $9.95. The company has a current ratio of 3.57, a quick ratio of 2.68 and a debt-to-equity ratio of 0.02. Stratasys, Ltd. has a 12 month low of $7.54 and a 12 month high of $12.81. The stock has a market cap of $658.34 million, a PE ratio of -6.11 and a beta of 1.68.
Stratasys (NASDAQ:SSYS – Get Free Report) last released its quarterly earnings data on Thursday, March 5th. The technology company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.06 by $0.01. The business had revenue of $140.00 million during the quarter, compared to the consensus estimate of $139.32 million. Stratasys had a negative net margin of 18.92% and a negative return on equity of 1.37%. The business’s revenue was down 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 EPS. Stratasys has set its FY 2026 guidance at -0.950–0.760 EPS. Research analysts predict that Stratasys, Ltd. will post -0.4 EPS for the current fiscal year.
About Stratasys
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.
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