Renaissance Group LLC purchased a new position in Materialise NV (NASDAQ:MTLS - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 303,442 shares of the software maker's stock, valued at approximately $2,136,000. Renaissance Group LLC owned 0.51% of Materialise as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Barclays PLC raised its stake in Materialise by 45.3% during the 3rd quarter. Barclays PLC now owns 7,933 shares of the software maker's stock valued at $43,000 after purchasing an additional 2,473 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Materialise by 73.3% in the fourth quarter. GAMMA Investing LLC now owns 9,165 shares of the software maker's stock valued at $65,000 after buying an additional 3,875 shares during the period. Truist Financial Corp bought a new position in Materialise during the fourth quarter valued at about $79,000. Commonwealth Equity Services LLC bought a new stake in shares of Materialise in the 4th quarter worth approximately $85,000. Finally, Trexquant Investment LP acquired a new stake in shares of Materialise during the 4th quarter worth approximately $103,000. 19.30% of the stock is currently owned by institutional investors and hedge funds.
Materialise Price Performance
NASDAQ:MTLS traded up $0.06 during trading hours on Monday, reaching $4.39. The company had a trading volume of 34,993 shares, compared to its average volume of 175,327. The firm has a market capitalization of $259.32 million, a PE ratio of 17.56 and a beta of 1.58. The stock has a 50-day moving average of $5.91 and a two-hundred day moving average of $6.57. Materialise NV has a one year low of $3.93 and a one year high of $9.69. 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 (NASDAQ:MTLS - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The software maker reported $0.05 EPS for the quarter, meeting analysts' consensus estimates of $0.05. The firm had revenue of $68.24 million for the quarter, compared to analyst estimates of $71.66 million. Materialise had a net margin of 5.04% and a return on equity of 5.47%. Analysts forecast that Materialise NV will post 0.3 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, StockNews.com cut Materialise from a "buy" rating to a "hold" rating in a research report on Friday, February 28th.
Read Our Latest Analysis on Materialise
Materialise Profile
(
Free Report)
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.
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