Exchange Traded Concepts LLC Increases Stake in Stratasys, Ltd. $SSYS

Exchange Traded Concepts LLC raised its holdings in shares of Stratasys, Ltd. (NASDAQ:SSYSFree Report) by 18.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,629,459 shares of the technology company’s stock after purchasing an additional 256,908 shares during the period. Exchange Traded Concepts LLC’s holdings in Stratasys were worth $14,144,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Stratasys by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 212,555 shares of the technology company’s stock valued at $2,148,000 after acquiring an additional 6,306 shares during the period. JPMorgan Chase & Co. raised its position in shares of Stratasys by 41.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 332,395 shares of the technology company’s stock worth $3,813,000 after acquiring an additional 96,731 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Stratasys by 17.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 78,902 shares of the technology company’s stock worth $905,000 after purchasing an additional 11,808 shares during the last quarter. OMERS ADMINISTRATION Corp boosted its position 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. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Stratasys during the second quarter valued at about $1,708,000. Institutional investors own 75.77% of the company’s stock.

Stratasys Price Performance

Shares of NASDAQ:SSYS opened at $7.64 on Friday. Stratasys, Ltd. has a twelve month low of $7.54 and a twelve month high of $12.81. The company’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. The company has a market cap of $658.34 million, a PE ratio of -6.11 and a beta of 1.68.

Stratasys (NASDAQ:SSYSGet Free Report) last released its quarterly earnings data on Thursday, March 5th. The technology company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. Stratasys had a negative return on equity of 1.37% and a negative net margin of 18.92%.The business had revenue of $140.00 million during the quarter, compared to analyst estimates of $139.32 million. During the same quarter last year, the business posted $0.12 EPS. The company’s revenue was down 6.9% on a year-over-year basis. Stratasys has set its FY 2026 guidance at -0.950–0.760 EPS. On average, sell-side analysts forecast that Stratasys, Ltd. will post -0.4 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Stratasys in a research report on Thursday, January 22nd. Needham & Company LLC lowered their target price on shares of Stratasys from $12.00 to $11.50 and set a “buy” rating for the company in a research note on Thursday, March 5th. Finally, Craig Hallum lowered their target price on shares of Stratasys from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, March 6th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Stratasys presently has an average rating of “Moderate Buy” and a consensus price target of $12.33.

Check Out Our Latest Research Report on Stratasys

Stratasys Profile

(Free Report)

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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Institutional Ownership by Quarter for Stratasys (NASDAQ:SSYS)

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