Stratasys, Ltd. $SSYS Shares Sold by Kopion Asset Management LLC

Kopion Asset Management LLC trimmed its holdings in shares of Stratasys, Ltd. (NASDAQ:SSYS) by 6.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 769,103 shares of the technology company’s stock after selling 54,133 shares during the quarter. Stratasys comprises 5.6% of Kopion Asset Management LLC’s portfolio, making the stock its 8th biggest holding. Kopion Asset Management LLC’s holdings in Stratasys were worth $8,614,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC increased its holdings in shares of Stratasys by 4.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 53,023 shares of the technology company’s stock valued at $608,000 after acquiring an additional 2,172 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 worth $321,000 after purchasing an additional 2,400 shares during the period. Harbor Capital Advisors Inc. grew its holdings in Stratasys by 28.0% during the second quarter. Harbor Capital Advisors Inc. now owns 13,670 shares of the technology company’s stock valued at $157,000 after purchasing an additional 2,991 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Stratasys in the second quarter valued at approximately $35,000. Finally, Osaic Holdings Inc. lifted its stake in shares of Stratasys by 66.7% in the second quarter. Osaic Holdings Inc. now owns 8,199 shares of the technology company’s stock worth $94,000 after buying an additional 3,282 shares during the last quarter. 75.77% of the stock is currently owned by institutional investors.

Stratasys Stock Up 3.4%

Shares of SSYS opened at $9.25 on Tuesday. 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 company has a 50-day simple moving average of $9.75 and a 200-day simple moving average of $10.45. Stratasys, Ltd. has a 52 week low of $8.12 and a 52 week high of $12.88. The firm has a market capitalization of $787.08 million, a P/E ratio of -5.71 and a beta of 1.47.

Stratasys (NASDAQ:SSYS) last released its earnings results on Thursday, November 13th. The technology company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $136.97 million for the quarter, compared to the consensus estimate of $136.60 million. During the same period last year, the business earned $0.01 earnings per share. The firm’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. On average, equities research analysts expect that Stratasys, Ltd. will post -0.4 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Cantor Fitzgerald raised their target price on shares of Stratasys from $13.00 to $13.50 and gave the company an “overweight” rating in a research note on Friday, November 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Stratasys in a report on Wednesday, October 8th. UBS Group reiterated an “overweight” rating on shares of Stratasys in a research note on Friday, November 14th. Finally, Needham & Company LLC decreased their target price on Stratasys from $13.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, November 14th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.