Fox Run Management L.L.C. acquired a new stake in shares of Stratasys Ltd (NASDAQ:SSYS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,507 shares of the technology company’s stock, valued at approximately $381,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TRUE Private Wealth Advisors bought a new stake in Stratasys during the second quarter worth $215,000. Dynamic Technology Lab Private Ltd bought a new stake in Stratasys during the second quarter worth $240,000. Jane Street Group LLC bought a new stake in Stratasys during the first quarter worth $269,000. Alambic Investment Management L.P. bought a new stake in Stratasys during the second quarter worth $274,000. Finally, Alps Advisors Inc. bought a new stake in Stratasys during the second quarter worth $288,000. Hedge funds and other institutional investors own 76.45% of the company’s stock.

SSYS has been the subject of several recent research reports. Zacks Investment Research upgraded Stratasys from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a report on Tuesday, August 7th. BidaskClub upgraded Stratasys from a “hold” rating to a “buy” rating in a report on Tuesday, July 10th. Susquehanna Bancshares set a $25.00 price target on Stratasys and gave the stock a “buy” rating in a report on Thursday, August 2nd. ValuEngine upgraded Stratasys from a “sell” rating to a “hold” rating in a report on Friday, August 17th. Finally, Cowen set a $20.00 price target on Stratasys and gave the stock a “hold” rating in a report on Wednesday, August 1st. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $22.89.

Shares of NASDAQ:SSYS opened at $20.52 on Thursday. The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of 157.85, a price-to-earnings-growth ratio of 8.06 and a beta of 1.72. The company has a quick ratio of 2.97, a current ratio of 3.66 and a debt-to-equity ratio of 0.02. Stratasys Ltd has a 1 year low of $17.17 and a 1 year high of $26.17.

Stratasys (NASDAQ:SSYS) last announced its quarterly earnings data on Wednesday, August 1st. The technology company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.06. The firm had revenue of $170.20 million during the quarter, compared to the consensus estimate of $167.06 million. Stratasys had a positive return on equity of 0.78% and a negative net margin of 5.57%. The business’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.17 EPS. On average, equities analysts forecast that Stratasys Ltd will post 0.18 EPS for the current fiscal year.

Stratasys Company Profile

Stratasys Ltd. provides 3D printing and additive manufacturing solutions for individuals, small and large businesses, and enterprises. Its 3D printing systems utilize its fused deposition modeling (FDM) and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production and manufactured goods directly from 3D CAD files or other 3D content.

Read More: Should You Consider an Index Fund?

Want to see what other hedge funds are holding SSYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stratasys Ltd (NASDAQ:SSYS).

Institutional Ownership by Quarter for Stratasys (NASDAQ:SSYS)

Receive News & Ratings for Stratasys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stratasys and related companies with MarketBeat.com's FREE daily email newsletter.