AMH Equity Ltd bought a new stake in shares of Materialise NV (NASDAQ:MTLS - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 110,000 shares of the software maker's stock, valued at approximately $541,000. AMH Equity Ltd owned approximately 0.19% of Materialise as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also bought and sold shares of MTLS. Randolph Co Inc acquired a new stake in shares of Materialise during the first quarter worth $49,000. GAMMA Investing LLC raised its stake in shares of Materialise by 69.2% in the 1st quarter. GAMMA Investing LLC now owns 15,503 shares of the software maker's stock valued at $76,000 after acquiring an additional 6,338 shares during the period. Commonwealth Equity Services LLC acquired a new position in shares of Materialise in the fourth quarter valued at approximately $85,000. Trexquant Investment LP acquired a new position in Materialise during the 4th quarter worth approximately $103,000. Finally, Two Sigma Advisers LP acquired a new position in shares of Materialise in the 4th quarter valued at $111,000. Hedge funds and other institutional investors own 19.30% of the company's stock.
Materialise Trading Down 2.5%
Materialise stock traded down $0.15 during trading hours on Friday, reaching $5.84. 105,537 shares of the company were exchanged, compared to its average volume of 185,803. Materialise NV has a 12 month low of $3.93 and a 12 month high of $9.69. The stock has a 50-day moving average of $5.53 and a 200 day moving average of $5.98. The company has a quick ratio of 1.72, a current ratio of 1.88 and a debt-to-equity ratio of 0.08.
Materialise (NASDAQ:MTLS - Get Free Report) last announced its earnings results on Thursday, April 24th. The software maker reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.03). The business had revenue of $71.79 million for the quarter, compared to the consensus estimate of $67.00 million. Materialise had a return on equity of 3.77% and a net margin of 3.45%. As a group, sell-side analysts expect that Materialise NV will post 0.3 earnings per share for the current year.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Materialise from a "hold" rating to a "buy" rating in a report on Tuesday, May 13th.
View Our Latest Analysis on Materialise
About Materialise
(
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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