SSYS

Stratasys (SSYS) Price Target Increased by 10.46% to 16.61

The average one-year price target for Stratasys (NasdaqGS:SSYS) has been revised to 16.61 / share. This is an increase of 10.46% from the prior estimate of 15.04 dated January 16, 2024.

The price target is an average of many targets provided by analysts. The latest targets range from a low of 11.11 to a high of 25.20 / share. The average price target represents an increase of 31.32% from the latest reported closing price of 12.65 / share.

What is the Fund Sentiment?

There are 260 funds or institutions reporting positions in Stratasys. This is a decrease of 18 owner(s) or 6.47% in the last quarter. Average portfolio weight of all funds dedicated to SSYS is 0.19%, a decrease of 17.16%. Total shares owned by institutions increased in the last three months by 3.23% to 48,734K shares. SSYS / Stratasys Ltd. Put/Call Ratios The put/call ratio of SSYS is 1.22, indicating a bearish outlook.

What are Other Shareholders Doing?

SSYS / Stratasys Ltd. Shares Held by Institutions

Rubric Capital Management holds 4,250K shares representing 6.14% ownership of the company. In it's prior filing, the firm reported owning 911K shares, representing an increase of 78.57%. The firm increased its portfolio allocation in SSYS by 170.88% over the last quarter.

Neuberger Berman Group holds 3,878K shares representing 5.61% ownership of the company. In it's prior filing, the firm reported owning 3,940K shares, representing a decrease of 1.61%. The firm decreased its portfolio allocation in SSYS by 49.60% over the last quarter.

Phoenix Holdings holds 3,641K shares representing 5.26% ownership of the company. In it's prior filing, the firm reported owning 3,660K shares, representing a decrease of 0.52%. The firm decreased its portfolio allocation in SSYS by 36.58% over the last quarter.

Primecap Management holds 2,777K shares representing 4.02% ownership of the company. In it's prior filing, the firm reported owning 2,997K shares, representing a decrease of 7.94%. The firm decreased its portfolio allocation in SSYS by 8.83% over the last quarter.

POGRX - PRIMECAP Odyssey Growth Fund holds 1,912K shares representing 2.76% ownership of the company. In it's prior filing, the firm reported owning 1,929K shares, representing a decrease of 0.89%. The firm decreased its portfolio allocation in SSYS by 36.92% over the last quarter.

Stratasys Background Information
(This description is provided by the company.)

Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world's leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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