Clearline Capital LP Has $8.54 Million Position in Stratasys, Ltd. $SSYS

Clearline Capital LP lessened its stake in Stratasys, Ltd. (NASDAQ:SSYS) by 35.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 762,850 shares of the technology company’s stock after selling 418,702 shares during the period. Clearline Capital LP owned 0.90% of Stratasys worth $8,544,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Hussman Strategic Advisors Inc. bought a new stake in shares of Stratasys during the third quarter worth $2,352,000. Magnetar Financial LLC bought a new position in Stratasys in the second quarter valued at about $3,234,000. Capital World Investors bought a new position in Stratasys in the third quarter valued at about $15,204,000. Exchange Traded Concepts LLC increased its position in Stratasys by 6.7% in the third quarter. Exchange Traded Concepts LLC now owns 1,372,551 shares of the technology company’s stock worth $15,373,000 after purchasing an additional 86,480 shares during the period. Finally, SG Americas Securities LLC increased its position in Stratasys by 4.2% in the second quarter. SG Americas Securities LLC now owns 121,629 shares of the technology company’s stock worth $1,395,000 after purchasing an additional 4,919 shares during the period. 75.77% of the stock is currently owned by institutional investors.

Stratasys Price Performance

SSYS opened at $7.87 on Friday. The stock has a market cap of $678.16 million, a P/E ratio of -6.30 and a beta of 1.68. Stratasys, Ltd. has a 12 month low of $7.82 and a 12 month high of $12.81. The company has a quick ratio of 2.68, a current ratio of 3.57 and a debt-to-equity ratio of 0.02. The company has a fifty day simple moving average of $10.32 and a 200 day simple moving average of $10.14.

Stratasys (NASDAQ:SSYS) last posted its earnings results on Thursday, March 5th. The technology company reported $0.07 earnings per share 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 for the quarter, compared to analyst estimates of $139.32 million. During the same period in the previous year, the company posted $0.12 earnings per share. The company’s revenue for the quarter was down 6.9% on a year-over-year basis. Stratasys has set its FY 2026 guidance at -0.950–0.760 EPS. On average, research analysts expect that Stratasys, Ltd. will post -0.4 EPS for the current year.

Analysts Set New Price Targets

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