Investors Buy High Volume of Stratasys Call Options (NASDAQ:SSYS)

Stratasys, Ltd. (NASDAQ:SSYS) was the recipient of unusually large options trading activity on Friday. Traders acquired 5,504 call options on the company. This is an increase of approximately 52% compared to the typical volume of 3,611 call options.

Stratasys Stock Performance

NASDAQ SSYS traded down $0.58 during trading hours on Friday, reaching $11.04. The company’s stock had a trading volume of 2,191,238 shares, compared to its average volume of 1,322,378. The company has a current ratio of 3.65, a quick ratio of 2.69 and a debt-to-equity ratio of 0.03. The business has a 50-day simple moving average of $9.21 and a 200 day simple moving average of $10.32. Stratasys has a 52 week low of $8.12 and a 52 week high of $12.88. The stock has a market cap of $939.22 million, a PE ratio of -6.84 and a beta of 1.43.

Stratasys (NASDAQ:SSYS) last released its quarterly earnings data on Thursday, November 13th. The technology company reported $0.02 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $136.60 million. During the same quarter in the previous year, the firm posted $0.01 EPS. The business’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. Equities research analysts predict that Stratasys will post -0.4 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SSYS. Weiss Ratings restated a “sell (d-)” rating on shares of Stratasys in a research note on Wednesday, October 8th. Cantor Fitzgerald boosted their target price on shares of Stratasys from $13.00 to $13.50 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Needham & Company LLC lowered their price target on Stratasys from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, November 14th. Finally, UBS Group reaffirmed an “overweight” rating on shares of Stratasys in a research note on Friday, November 14th. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $12.75.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SSYS. Magnetar Financial LLC bought a new position in Stratasys during the 2nd quarter valued at $3,234,000. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Stratasys by 24.8% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 384,901 shares of the technology company’s stock valued at $4,415,000 after buying an additional 76,557 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of Stratasys by 4.3% in the second quarter. Janney Montgomery Scott LLC now owns 53,023 shares of the technology company’s stock valued at $608,000 after buying an additional 2,172 shares during the period. MQS Management LLC bought a new position in Stratasys during the second quarter valued at about $180,000. Finally, Exchange Traded Concepts LLC grew its holdings in Stratasys by 6.7% during the third quarter. Exchange Traded Concepts LLC now owns 1,372,551 shares of the technology company’s stock worth $15,373,000 after acquiring an additional 86,480 shares during the period. Institutional investors and hedge funds own 75.77% of the company’s stock.

Stratasys Company 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.