Penn Capital Management Company LLC Buys 143,182 Shares of Stratasys, Ltd. $SSYS

Penn Capital Management Company LLC increased its stake in shares of Stratasys, Ltd. (NASDAQ:SSYS) by 74.7% during the fourth quarter, HoldingsChannel reports. The fund owned 334,760 shares of the technology company’s stock after acquiring an additional 143,182 shares during the quarter. Penn Capital Management Company LLC’s holdings in Stratasys were worth $2,906,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of SSYS. TD Waterhouse Canada Inc. bought a new position in Stratasys during the fourth quarter worth $25,000. Global Retirement Partners LLC bought a new position in Stratasys during the fourth quarter worth $26,000. Advisory Services Network LLC bought a new position in Stratasys during the third quarter worth $34,000. Raymond James Financial Inc. bought a new position in Stratasys during the second quarter worth $35,000. Finally, Osaic Holdings Inc. increased its position in Stratasys by 66.7% during the second quarter. Osaic Holdings Inc. now owns 8,199 shares of the technology company’s stock worth $94,000 after acquiring an additional 3,282 shares during the period. Institutional investors own 75.77% of the company’s stock.

Stratasys Price Performance

SSYS opened at $9.66 on Wednesday. Stratasys, Ltd. has a fifty-two week low of $7.34 and a fifty-two week high of $12.81. The firm’s fifty day moving average price is $8.37 and its two-hundred day moving average price is $9.24. The company has a market capitalization of $832.40 million, a P/E ratio of -7.16 and a beta of 1.86.

Stratasys (NASDAQ:SSYS) last posted its quarterly earnings results on Thursday, May 7th. The technology company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. Stratasys had a negative net margin of 21.00% and a negative return on equity of 1.73%. The firm had revenue of $132.70 million for the quarter, compared to the consensus estimate of $131.82 million. During the same quarter in the previous year, the company earned $0.04 earnings per share. The business’s revenue was down 2.5% compared to the same quarter last year. Stratasys has set its FY 2026 guidance at 0.090-0.140 EPS. On average, equities research analysts expect that Stratasys, Ltd. will post -0.17 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on SSYS shares. Weiss Ratings raised shares of Stratasys from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, May 21st. Needham & Company LLC decreased their price target on shares of Stratasys from $12.00 to $11.50 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Finally, Craig Hallum decreased their price target on shares of Stratasys from $14.00 to $12.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. Four analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Stratasys has an average rating of “Moderate Buy” and a consensus target price of $12.33.

Stratasys Profile

Stratasys, Inc is a global leader in additive manufacturing and 3D printing solutions, offering a comprehensive portfolio of technologies and materials for rapid prototyping and production. Founded in 1989 by Scott and Lisa Crump, the company pioneered fused deposition modeling (FDM) and has since expanded its capabilities to include PolyJet, stereolithography and metal deposition systems. Stratasys serves a broad array of customers, from small design studios to major industrial manufacturers, enabling accelerated product development and on-demand part production.

The company’s product line encompasses both desktop and industrial-grade 3D printers, dedicated support materials and proprietary software designed to streamline the digital manufacturing workflow.