SG Americas Securities LLC decreased its stake in shares of Stratasys, Ltd. (NASDAQ:SSYS) by 89.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,762 shares of the technology company’s stock after selling 54,812 shares during the period. SG Americas Securities LLC’s holdings in Stratasys were worth $139,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of SSYS. Wells Fargo & Company MN raised its position in Stratasys by 14.3% in the first quarter. Wells Fargo & Company MN now owns 95,498 shares of the technology company’s stock valued at $1,957,000 after buying an additional 11,957 shares during the period. IFP Advisors Inc boosted its position in shares of Stratasys by 3.3% in the first quarter. IFP Advisors Inc now owns 6,977 shares of the technology company’s stock valued at $143,000 after buying an additional 225 shares during the last quarter. Russell Investments Group Ltd. boosted its position in shares of Stratasys by 28.2% in the first quarter. Russell Investments Group Ltd. now owns 47,446 shares of the technology company’s stock valued at $972,000 after buying an additional 10,446 shares during the last quarter. Riverbridge Partners LLC boosted its position in shares of Stratasys by 3.3% in the first quarter. Riverbridge Partners LLC now owns 1,845,424 shares of the technology company’s stock valued at $37,813,000 after buying an additional 59,249 shares during the last quarter. Finally, Highbridge Capital Management LLC boosted its position in shares of Stratasys by 65.3% in the fourth quarter. Highbridge Capital Management LLC now owns 25,010 shares of the technology company’s stock valued at $413,000 after buying an additional 9,880 shares during the last quarter. Institutional investors own 66.46% of the company’s stock.

Shares of Stratasys, Ltd. (NASDAQ SSYS) traded down 3.87% on Monday, hitting $22.59. The company’s stock had a trading volume of 880,529 shares. Stratasys, Ltd. has a 52 week low of $16.37 and a 52 week high of $30.88. The stock’s 50-day moving average price is $24.73 and its 200-day moving average price is $23.24. The firm’s market cap is $1.19 billion.

Stratasys (NASDAQ:SSYS) last released its quarterly earnings data on Tuesday, May 16th. The technology company reported $0.05 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.05. Stratasys had a negative return on equity of 0.03% and a negative net margin of 10.17%. The company had revenue of $163.20 million for the quarter, compared to analyst estimates of $162.38 million. During the same period in the previous year, the company posted $0.01 EPS. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. Equities analysts expect that Stratasys, Ltd. will post $0.28 earnings per share for the current fiscal year.

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Several brokerages have commented on SSYS. Cowen and Company reiterated a “hold” rating and issued a $27.00 target price on shares of Stratasys in a report on Monday. BidaskClub lowered shares of Stratasys from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 2nd. Needham & Company LLC lowered shares of Stratasys from a “buy” rating to a “hold” rating in a research report on Wednesday, May 17th. Zacks Investment Research lowered shares of Stratasys from a “buy” rating to a “hold” rating in a research report on Tuesday, July 18th. Finally, FBR & Co reaffirmed a “buy” rating on shares of Stratasys in a research report on Wednesday, July 19th. Six analysts have rated the stock with a sell rating, ten have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $23.68.

Stratasys Company Profile

Stratasys, Inc is a manufacturer of three-dimensional (3D) printers and rapid prototyping (RP) systems for the office-based RP and direct digital manufacturing (DDM) markets. The Company develops, manufactures and sells a product line of 3D printers and DDM systems (and related consumable materials) that create physical models from computer-aided design (CAD) designs.

Institutional Ownership by Quarter for Stratasys (NASDAQ:SSYS)

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