RIA Advisory Group LLC Makes New Investment in Stratasys Ltd. (NASDAQ:SSYS)

RIA Advisory Group LLC bought a new position in Stratasys Ltd. (NASDAQ:SSYS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,319 shares of the technology company’s stock, valued at approximately $33,000.

Several other institutional investors also recently made changes to their positions in SSYS. CWM LLC lifted its holdings in shares of Stratasys by 2,633.3% during the 3rd quarter. CWM LLC now owns 3,280 shares of the technology company’s stock valued at $45,000 after acquiring an additional 3,160 shares in the last quarter. FMR LLC lifted its holdings in shares of Stratasys by 12,707.1% during the 3rd quarter. FMR LLC now owns 3,586 shares of the technology company’s stock valued at $49,000 after acquiring an additional 3,558 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of Stratasys by 315.6% during the 2nd quarter. Captrust Financial Advisors now owns 3,071 shares of the technology company’s stock valued at $58,000 after acquiring an additional 2,332 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Stratasys by 560.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 4,471 shares of the technology company’s stock valued at $61,000 after acquiring an additional 3,794 shares in the last quarter. Finally, Amundi lifted its holdings in shares of Stratasys by 25.2% during the 4th quarter. Amundi now owns 6,921 shares of the technology company’s stock valued at $95,000 after acquiring an additional 1,393 shares in the last quarter. 75.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SSYS has been the topic of several recent research reports. Needham & Company LLC restated a “buy” rating and set a $16.00 target price on shares of Stratasys in a report on Tuesday, December 26th. StockNews.com started coverage on shares of Stratasys in a report on Friday. They set a “buy” rating on the stock. Finally, Cantor Fitzgerald started coverage on shares of Stratasys in a report on Tuesday, February 13th. They issued an “overweight” rating and a $24.00 price objective on the stock.

Stratasys Trading Up 1.0 %

Shares of SSYS stock opened at $10.03 on Friday. Stratasys Ltd. has a 12 month low of $9.43 and a 12 month high of $21.72. The company’s fifty day moving average price is $11.76 and its two-hundred day moving average price is $12.09.

Stratasys (NASDAQ:SSYS) last issued its quarterly earnings data on Thursday, March 7th. The technology company reported $0.02 EPS for the quarter, hitting analysts’ consensus estimates of $0.02. The firm had revenue of $156.34 million for the quarter, compared to analyst estimates of $153.96 million. Stratasys had a negative net margin of 19.61% and a negative return on equity of 2.28%. The firm’s revenue was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.03) EPS. On average, analysts anticipate that Stratasys Ltd. will post -0.29 EPS for the current year.

About Stratasys

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.