XTX Topco Ltd Makes New Investment in Stratasys Ltd. (NASDAQ:SSYS)

XTX Topco Ltd acquired a new stake in shares of Stratasys Ltd. (NASDAQ:SSYS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 37,241 shares of the technology company's stock, valued at approximately $331,000. XTX Topco Ltd owned approximately 0.05% of Stratasys as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. State Street Corp lifted its position in shares of Stratasys by 1.4% during the 3rd quarter. State Street Corp now owns 105,578 shares of the technology company's stock worth $877,000 after buying an additional 1,500 shares in the last quarter. Barclays PLC lifted its holdings in Stratasys by 1.9% during the third quarter. Barclays PLC now owns 80,454 shares of the technology company's stock worth $669,000 after acquiring an additional 1,525 shares during the period. Tidal Investments LLC boosted its position in Stratasys by 4.6% in the third quarter. Tidal Investments LLC now owns 56,176 shares of the technology company's stock worth $467,000 after purchasing an additional 2,483 shares during the last quarter. Stifel Financial Corp grew its stake in Stratasys by 24.7% in the 3rd quarter. Stifel Financial Corp now owns 23,206 shares of the technology company's stock valued at $193,000 after purchasing an additional 4,600 shares during the period. Finally, Legal & General Group Plc increased its position in shares of Stratasys by 0.6% during the 4th quarter. Legal & General Group Plc now owns 941,407 shares of the technology company's stock valued at $8,369,000 after purchasing an additional 5,541 shares during the last quarter. 75.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on SSYS. Needham & Company LLC increased their price target on shares of Stratasys from $12.00 to $13.00 and gave the company a "buy" rating in a research report on Thursday, March 6th. Cantor Fitzgerald increased their target price on shares of Stratasys from $12.00 to $15.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Finally, StockNews.com downgraded Stratasys from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $12.20.

Stratasys Stock Up 2.2 %

SSYS traded up $0.21 on Monday, hitting $9.72. The company's stock had a trading volume of 227,673 shares, compared to its average volume of 589,293. The company's 50 day simple moving average is $9.87 and its 200-day simple moving average is $9.50. Stratasys Ltd. has a 12 month low of $6.05 and a 12 month high of $12.88. The firm has a market cap of $697.08 million, a P/E ratio of -7.37 and a beta of 1.44.

Stratasys (NASDAQ:SSYS - Get Free Report) last released its quarterly earnings data on Wednesday, March 5th. The technology company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.01. Stratasys had a negative return on equity of 3.75% and a negative net margin of 16.13%. The company had revenue of $150.40 million for the quarter, compared to analyst estimates of $151.01 million. During the same period in the previous year, the company posted $0.02 EPS. The firm's revenue for the quarter was down 3.8% compared to the same quarter last year. Equities analysts predict that Stratasys Ltd. will post -0.4 earnings per share for the current fiscal year.

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.