Two Sigma Investments LP Invests $261,000 in Stratasys Ltd. (NASDAQ:SSYS)

Two Sigma Investments LP acquired a new stake in Stratasys Ltd. (NASDAQ:SSYS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 29,325 shares of the technology company's stock, valued at approximately $261,000.

A number of other large investors have also recently made changes to their positions in the company. Headlands Technologies LLC acquired a new stake in shares of Stratasys in the 4th quarter valued at $68,000. Teton Advisors Inc. acquired a new position in Stratasys during the fourth quarter worth approximately $89,000. SBI Securities Co. Ltd. acquired a new stake in Stratasys during the 4th quarter worth $90,000. Hsbc Holdings PLC raised its holdings in shares of Stratasys by 10.4% in the fourth quarter. Hsbc Holdings PLC now owns 16,664 shares of the technology company's stock valued at $148,000 after buying an additional 1,564 shares during the last quarter. Finally, Graham Capital Management L.P. acquired a new position in shares of Stratasys in the fourth quarter valued at approximately $166,000. 75.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on SSYS. Cantor Fitzgerald raised their price objective on shares of Stratasys from $12.00 to $15.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. Wall Street Zen raised Stratasys from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Finally, Needham & Company LLC raised their target price on shares of Stratasys from $12.00 to $13.00 and gave the company a "buy" rating in a research note on Thursday, March 6th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $12.20.

Stratasys Stock Down 2.4%

Shares of NASDAQ:SSYS traded down $0.26 during trading on Thursday, hitting $10.39. 489,351 shares of the company traded hands, compared to its average volume of 571,009. The business's fifty day moving average is $9.98 and its 200-day moving average is $10.02. The stock has a market capitalization of $745.13 million, a price-to-earnings ratio of -7.87 and a beta of 1.52. Stratasys Ltd. has a one year low of $6.05 and a one year high of $12.88.

Stratasys (NASDAQ:SSYS - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The technology company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The business had revenue of $136.05 million during the quarter, compared to analyst estimates of $134.11 million. Stratasys had a negative net margin of 16.13% and a negative return on equity of 3.75%. The company's quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.02) earnings per share. On average, analysts forecast that Stratasys Ltd. will post -0.4 EPS for the current 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.