Credit Industriel ET Commercial Makes New $443,000 Investment in Stratasys Ltd. (NASDAQ:SSYS)

Credit Industriel ET Commercial purchased a new stake in shares of Stratasys Ltd. (NASDAQ:SSYS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 49,868 shares of the technology company's stock, valued at approximately $443,000. Credit Industriel ET Commercial owned about 0.07% of Stratasys as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Stifel Financial Corp increased its stake in shares of Stratasys by 24.7% in the third quarter. Stifel Financial Corp now owns 23,206 shares of the technology company's stock valued at $193,000 after buying an additional 4,600 shares during the period. Geode Capital Management LLC lifted its position in shares of Stratasys by 42.2% in the 3rd quarter. Geode Capital Management LLC now owns 67,398 shares of the technology company's stock worth $560,000 after purchasing an additional 20,012 shares during the period. Barclays PLC boosted its stake in shares of Stratasys by 1.9% in the 3rd quarter. Barclays PLC now owns 80,454 shares of the technology company's stock valued at $669,000 after purchasing an additional 1,525 shares during the last quarter. Jane Street Group LLC raised its stake in Stratasys by 17.4% during the third quarter. Jane Street Group LLC now owns 103,218 shares of the technology company's stock worth $858,000 after buying an additional 15,318 shares during the last quarter. Finally, RPG Investment Advisory LLC grew its holdings in Stratasys by 64.6% during the 4th quarter. RPG Investment Advisory LLC now owns 1,086,337 shares of the technology company's stock worth $9,658,000 after acquiring an additional 426,341 shares during the period. Institutional investors own 75.77% of the company's stock.

Stratasys Stock Up 0.9 %

SSYS stock opened at $9.14 on Thursday. The stock has a 50-day simple moving average of $9.96 and a two-hundred day simple moving average of $9.44. Stratasys Ltd. has a twelve month low of $6.05 and a twelve month high of $12.88. The firm has a market capitalization of $655.48 million, a PE ratio of -6.92 and a beta of 1.44.

Stratasys (NASDAQ:SSYS - Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The technology company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.01. The firm had revenue of $150.40 million for the quarter, compared to analyst estimates of $151.01 million. Stratasys had a negative net margin of 16.13% and a negative return on equity of 3.75%. The business's revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.02 EPS. On average, equities research analysts anticipate that Stratasys Ltd. will post -0.4 EPS for the current fiscal year.

Analyst Ratings Changes

SSYS has been the topic of several recent analyst reports. Cantor Fitzgerald boosted their price target on Stratasys from $12.00 to $15.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. StockNews.com cut shares of Stratasys from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Finally, Needham & Company LLC upped their price target on Stratasys from $12.00 to $13.00 and gave the stock a "buy" rating in a research note on Thursday, March 6th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $12.20.

Stratasys Profile

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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