EAM Global Investors LLC Makes New Investment in Materialise NV (NASDAQ:MTLS)

EAM Global Investors LLC acquired a new stake in Materialise NV (NASDAQ:MTLS - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 55,616 shares of the software maker's stock, valued at approximately $392,000. EAM Global Investors LLC owned 0.09% of Materialise as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the company. Jump Financial LLC purchased a new stake in shares of Materialise in the 4th quarter valued at approximately $163,000. Renaissance Group LLC acquired a new stake in Materialise in the fourth quarter valued at $2,136,000. Envestnet Asset Management Inc. purchased a new stake in Materialise during the 4th quarter worth about $878,000. Trexquant Investment LP acquired a new position in shares of Materialise during the 4th quarter worth about $103,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Materialise by 93.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 348,577 shares of the software maker's stock valued at $2,454,000 after acquiring an additional 168,850 shares during the last quarter. 19.30% of the stock is currently owned by hedge funds and other institutional investors.

Materialise Stock Performance

MTLS traded up $0.09 on Friday, reaching $4.72. The company had a trading volume of 279,792 shares, compared to its average volume of 176,888. The company has a quick ratio of 1.65, a current ratio of 1.81 and a debt-to-equity ratio of 0.10. Materialise NV has a 1 year low of $3.93 and a 1 year high of $9.69. The stock has a market capitalization of $278.81 million, a PE ratio of 18.88 and a beta of 1.58. The stock has a 50-day moving average price of $5.47 and a 200-day moving average price of $6.53.

Materialise (NASDAQ:MTLS - Get Free Report) last announced its earnings results on Thursday, February 20th. The software maker reported $0.05 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.05. Materialise had a return on equity of 5.47% and a net margin of 5.04%. The firm had revenue of $68.24 million during the quarter, compared to analysts' expectations of $71.66 million. As a group, research analysts forecast that Materialise NV will post 0.3 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com downgraded Materialise from a "buy" rating to a "hold" rating in a report on Friday, February 28th.

About Materialise

Materialise NV provides additive manufacturing and medical software, and 3D printing services in the Americas, Europe and Africa, and the Asia-Pacific. The company operates through three segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. The Materialise Software segment offers software through programs and platforms that enable and enhance the functionality of 3D printers and of 3D printing operations.