Ownership Action Don’t Lie: Is Stratasys Inc (NASDAQ:SSYS) Going to Burn These Institutional Investors?

November 30, 2016 - By Vivian Park   ·   0 Comments

Ownership Action Don't Lie: Is Stratasys Inc (NASDAQ:SSYS) Going to Burn These Institutional Investors?

Sentiment for Stratasys Inc (NASDAQ:SSYS)

Stratasys Inc (NASDAQ:SSYS) institutional sentiment increased to 1.37 in Q2 2016. Its up 0.61, from 0.76 in 2016Q1. The ratio has improved, as 65 investment professionals increased or opened new stock positions, while 85 sold and trimmed stock positions in Stratasys Inc. The investment professionals in our partner’s database now have: 31.78 million shares, down from 35.55 million shares in 2016Q1. Also, the number of investment professionals holding Stratasys Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 24 Reduced: 61 Increased: 37 New Position: 28.

About 195,218 shares traded hands. Stratasys, Ltd. (NASDAQ:SSYS) has declined 33.03% since April 27, 2016 and is downtrending. It has underperformed by 38.25% the S&P500.

Analysts await Stratasys, Ltd. (NASDAQ:SSYS) to report earnings on March, 2. They expect $-0.06 earnings per share, up 68.42% or $0.13 from last year’s $-0.19 per share. After $-0.08 actual earnings per share reported by Stratasys, Ltd. for the previous quarter, Wall Street now forecasts -25.00% EPS growth.

According to Zacks Investment Research, “Stratasys Ltd. operates as a manufacturer of 3D printers and materials. The company’s systems are used by manufacturers to create models and prototypes to aid in the new product design process. Stratasys offers its products as integrated systems consisting of an RP machine and the software to convert the CAD designs into a machine compatible format, and modeling and support materials. It also manufacturers Solidscape 3D Printers and operates the RedEye On Demand digital manufacturing service. The Company’s products are used in the aerospace, defense, automotive, medical, business and industrial equipment, education, jewellery, architecture, dental, and consumer-products markets. Stratasys Ltd., formerly known as Stratasys, Inc., maintains dual headquarters in Minneapolis, Minn. and Rehovot, Israel.”

Lapides Asset Management Llc holds 2.53% of its portfolio in Stratasys, Ltd. for 598,700 shares. Contour Asset Management Llc owns 1.12 million shares or 1.74% of their US portfolio. Moreover, David R. Rahn & Associates Inc. has 1.33% invested in the company for 74,214 shares. The Minnesota-based Riverbridge Partners Llc has invested 0.99% in the stock. Trust Investment Advisors, a Indiana-based fund reported 26,295 shares.#img1#

Stratasys, Ltd. (NASDAQ:SSYS) Ratings Coverage

Ratings analysis reveals 43% of Stratasys’s analysts are positive. Out of 14 Wall Street analysts rating Stratasys, 6 give it “Buy”, 3 “Sell” rating, while 5 recommend “Hold”. The lowest target is $16.0 while the high is $50. The stock’s average target of $29.10 is 59.89% above today’s ($18.2) share price. SSYS was included in 27 notes of analysts from July 22, 2015. Piper Jaffray upgraded the stock to “Overweight” rating in Friday, July 31 report. The stock of Stratasys, Ltd. (NASDAQ:SSYS) has “Sell” rating given on Friday, October 23 by UBS. Citigroup downgraded Stratasys, Ltd. (NASDAQ:SSYS) rating on Friday, April 15. Citigroup has “Neutral” rating and $30 price target. The stock of Stratasys, Ltd. (NASDAQ:SSYS) earned “Hold” rating by Deutsche Bank on Monday, November 9. JP Morgan downgraded it to “Underweight” rating and $22 target price in Monday, March 7 report. The stock of Stratasys, Ltd. (NASDAQ:SSYS) has “Buy” rating given on Wednesday, November 16 by Needham. The firm has “Buy” rating by Needham given on Tuesday, May 10. As per Monday, July 18, the company rating was downgraded by Piper Jaffray. The firm earned “Outperform” rating on Tuesday, October 27 by Oppenheimer. As per Tuesday, January 26, the company rating was maintained by UBS.

SSYS Company Profile

Stratasys Ltd., incorporated on March 3, 1998, is a well-known provider of three dimensional (3D) printing and additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. The Company’s solutions include products ranging from entry-level desktop 3D printers to systems for rapid prototyping (RP) and production systems for direct digital manufacturing (DDM). The Firm also develops, makes and sells materials for use with its systems and provides related services offerings. The Firm offers 3D printing consumable materials, which consists of over 10 Fused Deposition Modeling (FDM) cartridge materials, approximately 20 PolyJet cartridge materials, over five Smooth Curvature Printing (SCP) inkjet materials and approximately 160 non-color digital materials, and over 1,500 color variations, as well as over four SolidScape non-toxic thermoplastic modeling materials. The Company’s services offerings include Stratasys Direct Manufacturing printed parts service, as well as its professional services.

More recent Stratasys, Ltd. (NASDAQ:SSYS) news were published by: Foxbusiness.com which released: “Better Buy: Stratasys Ltd. vs. 3D Systems Corporation” on November 28, 2016. Also Fool.com published the news titled: “Why Shares of Stratasys, Ltd. Dropped 17% Today” on November 15, 2016. Valuewalk.com‘s news article titled: “Mobileye NV Rises On Earnings, Stratasys, Ltd. Tumbles On Wide Miss” with publication date: November 15, 2016 was also an interesting one.

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By Vivian Park

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