Rubric Capital Management LP Has $62.48 Million Position in Stratasys, Ltd. $SSYS

Rubric Capital Management LP raised its stake in shares of Stratasys, Ltd. (NASDAQ:SSYS) by 9.0% in the first quarter, Holdings Channel reports. The fund owned 8,000,000 shares of the technology company’s stock after acquiring an additional 659,974 shares during the period. Rubric Capital Management LP owned about 0.09% of Stratasys worth $62,480,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. TD Waterhouse Canada Inc. bought a new stake in shares of Stratasys in the 4th quarter worth about $25,000. Global Retirement Partners LLC bought a new position in Stratasys during the 4th quarter valued at about $26,000. Parallel Advisors LLC lifted its holdings in Stratasys by 1,071.4% during the 1st quarter. Parallel Advisors LLC now owns 3,807 shares of the technology company’s stock valued at $30,000 after purchasing an additional 3,482 shares during the last quarter. Advisory Services Network LLC acquired a new position in Stratasys in the third quarter valued at about $34,000. Finally, Raymond James Financial Inc. acquired a new position in Stratasys in the second quarter valued at about $35,000. Institutional investors and hedge funds own 75.77% of the company’s stock.

Stratasys Stock Performance

Shares of SSYS opened at $8.06 on Tuesday. The company has a market cap of $694.53 million, a price-to-earnings ratio of -5.97 and a beta of 1.91. The stock has a fifty day moving average price of $8.73 and a two-hundred day moving average price of $9.14. Stratasys, Ltd. has a 52-week low of $7.34 and a 52-week high of $12.81.

Stratasys (NASDAQ:SSYS) last announced its earnings results on Thursday, May 7th. The technology company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. Stratasys had a negative return on equity of 1.73% and a negative net margin of 21.00%.The company had revenue of $132.70 million for the quarter, compared to analysts’ expectations of $131.82 million. During the same quarter in the prior year, the business earned $0.04 earnings per share. The business’s revenue for the quarter was down 2.5% on a year-over-year basis. Stratasys has set its FY 2026 guidance at 0.090-0.140 EPS. As a group, research analysts predict that Stratasys, Ltd. will post -0.17 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Stratasys from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, May 21st. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $12.33.

About Stratasys

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.