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

Invenomic Capital Management LP lowered its position in Stratasys, Ltd. (NASDAQ:SSYS) by 20.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,134,033 shares of the technology company’s stock after selling 536,540 shares during the period. Stratasys comprises about 1.2% of Invenomic Capital Management LP’s portfolio, making the stock its 22nd largest position. Invenomic Capital Management LP’s holdings in Stratasys were worth $23,901,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Centiva Capital LP bought a new stake in Stratasys in the 3rd quarter worth about $302,000. Ameriprise Financial Inc. purchased a new position in shares of Stratasys in the 3rd quarter worth approximately $967,000. Virtu Financial LLC bought a new position in shares of Stratasys in the third quarter valued at approximately $473,000. UBS Group AG grew its holdings in shares of Stratasys by 94.6% in 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. purchased a new stake in shares of Stratasys during the third quarter valued at approximately $152,000. 75.77% of the stock is currently owned by hedge funds and other institutional investors.

Stratasys Trading Down 3.9%

Shares of SSYS stock opened at $7.87 on Monday. 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 firm has a market cap of $678.16 million, a P/E ratio of -6.30 and a beta of 1.68. The company has a 50 day moving average of $10.32 and a 200-day moving average of $10.13. Stratasys, Ltd. has a 12-month low of $7.82 and a 12-month high of $12.81.

Stratasys (NASDAQ:SSYS) last posted its quarterly earnings data on Thursday, March 5th. The technology company reported $0.07 EPS for the quarter, beating 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 business had revenue of $140.00 million for the quarter, compared to the consensus estimate of $139.32 million. During the same quarter in the prior year, the business earned $0.12 earnings per share. Stratasys’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. Sell-side analysts anticipate that Stratasys, Ltd. will post -0.4 earnings per share for the current year.

Analyst Upgrades and Downgrades

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