Segall Bryant & Hamill LLC Buys New Position in Stratasys, Ltd. $SSYS

Segall Bryant & Hamill LLC bought a new stake in Stratasys, Ltd. (NASDAQ:SSYSFree Report) during the first quarter, HoldingsChannel.com reports. The fund bought 1,422,191 shares of the technology company’s stock, valued at approximately $11,107,000.

A number of other hedge funds and other institutional investors have also modified their holdings of SSYS. Bank of America Corp DE grew its stake in Stratasys by 8.8% in the 1st quarter. Bank of America Corp DE now owns 76,067 shares of the technology company’s stock worth $594,000 after acquiring an additional 6,169 shares during the period. Rubric Capital Management LP lifted its stake in shares of Stratasys by 9.0% during the 1st quarter. Rubric Capital Management LP now owns 8,000,000 shares of the technology company’s stock worth $62,480,000 after purchasing an additional 659,974 shares during the period. Inceptionr LLC purchased a new position in shares of Stratasys during the 1st quarter worth $100,000. Parallel Advisors LLC boosted its holdings in shares of Stratasys by 1,071.4% during the first quarter. Parallel Advisors LLC now owns 3,807 shares of the technology company’s stock worth $30,000 after purchasing an additional 3,482 shares during the last quarter. Finally, NFSG Corp acquired a new stake in shares of Stratasys during the first quarter worth $45,000. 75.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SSYS has been the subject of several analyst reports. Weiss Ratings upgraded Stratasys from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, May 21st. Zacks Research raised Stratasys from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued 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 $12.33.

Check Out Our Latest Stock Analysis on SSYS

Stratasys Price Performance

Shares of SSYS opened at $7.82 on Monday. The firm has a market cap of $673.85 million, a PE ratio of -5.79 and a beta of 1.94. The company’s fifty day moving average is $8.68 and its two-hundred day moving average is $9.07. Stratasys, Ltd. has a fifty-two week low of $7.34 and a fifty-two week high of $12.81.

Stratasys (NASDAQ:SSYSGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.01. The company had revenue of $132.70 million during the quarter, compared to analysts’ expectations of $131.82 million. Stratasys had a negative net margin of 21.00% and a negative return on equity of 1.73%. The business’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.04 EPS. Stratasys has set its FY 2026 guidance at 0.090-0.140 EPS. As a group, equities research analysts anticipate that Stratasys, Ltd. will post -0.17 earnings per share for the current year.

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.

See Also

Want to see what other hedge funds are holding SSYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stratasys, Ltd. (NASDAQ:SSYSFree Report).

Institutional Ownership by Quarter for Stratasys (NASDAQ:SSYS)

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