Invenomic Capital Management LP Sells 536,540 Shares of Stratasys, Ltd. $SSYS

Invenomic Capital Management LP lessened its stake in shares of Stratasys, Ltd. (NASDAQ:SSYS) by 20.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,134,033 shares of the technology company’s stock after selling 536,540 shares during the period. Stratasys accounts for about 1.2% of Invenomic Capital Management LP’s portfolio, making the stock its 22nd largest position. Invenomic Capital Management LP owned approximately 2.51% of Stratasys worth $23,901,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Centiva Capital LP bought a new position in shares of Stratasys during the 3rd quarter worth about $302,000. Ameriprise Financial Inc. acquired a new position in Stratasys during the 3rd quarter worth approximately $967,000. Virtu Financial LLC acquired a new position in Stratasys during the 3rd quarter worth approximately $473,000. UBS Group AG increased its holdings in shares of Stratasys by 94.6% during the third quarter. UBS Group AG now owns 337,610 shares of the technology company’s stock valued at $3,781,000 after acquiring an additional 164,146 shares in the last quarter. Finally, Franklin Resources Inc. bought a new stake in shares of Stratasys during the third quarter valued at approximately $152,000. 75.77% of the stock is owned by institutional investors.

Stratasys Price Performance

SSYS stock opened at $7.87 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.68 and a current ratio of 3.57. The business has a 50-day simple moving average of $10.32 and a two-hundred day simple moving average of $10.13. The company has a market capitalization of $678.16 million, a P/E ratio of -6.30 and a beta of 1.68. Stratasys, Ltd. has a 52-week low of $7.82 and a 52-week high of $12.81.

Stratasys (NASDAQ:SSYS) last issued its quarterly earnings data on Thursday, March 5th. The technology company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01. Stratasys had a negative return on equity of 1.37% and a negative net margin of 18.92%.The firm had revenue of $140.00 million during the quarter, compared to the consensus estimate of $139.32 million. During the same period in the prior year, the business posted $0.12 earnings per share. The company’s quarterly revenue was down 6.9% compared to the same quarter last year. Stratasys has set its FY 2026 guidance at -0.950–0.760 EPS. Research analysts expect that Stratasys, Ltd. will post -0.4 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Stratasys in a report on Thursday, January 22nd. Needham & Company LLC decreased their price target on shares of Stratasys from $12.00 to $11.50 and set a “buy” rating for the company in a research note on Thursday, March 5th. Finally, Craig Hallum lowered their price objective on shares of Stratasys from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, March 6th. Four equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Stratasys currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.33.

Stratasys Company 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.