2 weeks Ago By ABMN Staff
Marathon Capital Management lessened its position in Stratasys Ltd. ( NASDAQ:SSYS – Free Report ) by 5.5% in the second quarter, according to its most recent disclosure with the SEC.
The firm owned 122,535 shares of the technology company’s stock after selling 7,095 shares during the period. Marathon Capital Management’s holdings in Stratasys were worth $1,028,000 as of its most recent filing with the SEC. Several other hedge funds also recently modified their holdings of SSYS.
Crewe Advisors LLC purchased a new position in shares of Stratasys during the first quarter valued at approximately $61,000. Larson Financial Group LLC lifted its holdings in Stratasys by 2,711.2% during the first quarter.
Larson Financial Group LLC now owns 9,558 shares of the technology company’s stock worth $111,000 after acquiring an additional 9,218 shares during the period. Values First Advisors Inc. lifted its holdings in Stratasys by 51.
3% during the second quarter. Values First Advisors Inc. now owns 33,175 shares of the technology company’s stock worth $278,000 after acquiring an additional 11,254 shares during the period.
Gamco Investors INC. ET AL lifted its holdings in Stratasys by 4.0% during the first quarter.
Gamco Investors INC. ET AL now owns 48,659 shares of the technology company’s stock worth $565,000 after acquiring an additional 1,850 shares during the period. Finally, Tidal Investments LLC bought a new stake in Stratasys during the first quarter worth $598,000.
Hedge funds and other institutional investors own 75.77% of the company’s stock. Stratasys Trading Up 4.
8 % SSYS opened at $7.99 on Friday. The stock has a 50-day moving average price of $7.
62 and a 200-day moving average price of $9.01. Stratasys Ltd.
has a 12-month low of $6.05 and a 12-month high of $14.93.
The stock has a market capitalization of $556.55 million, a P/E ratio of -4.37 and a beta of 1.
18. Analysts Set New Price Targets Several brokerages have issued reports on SSYS. Needham & Company LLC lowered their target price on Stratasys from $12.
00 to $10.00 and set a “buy” rating on the stock in a research note on Friday, August 30th. Craig Hallum decreased their price objective on Stratasys from $16.
00 to $14.00 and set a “buy” rating on the stock in a research note on Monday, July 1st. Lake Street Capital decreased their price objective on Stratasys from $15.
00 to $11.00 and set a “buy” rating on the stock in a research note on Friday, August 30th. StockNews.
com began coverage on Stratasys in a research note on Monday, September 2nd. They set a “hold” rating on the stock. Finally, Cantor Fitzgerald decreased their price objective on Stratasys from $23.
00 to $12.00 and set an “overweight” rating on the stock in a research note on Friday, August 30th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock.
According to MarketBeat.com, Stratasys has a consensus rating of “Moderate Buy” and a consensus price target of $10.80.
Check Out Our Latest Research Report on SSYS Stratasys Company Profile ( Free Report ) 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.
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