AMH Equity Ltd Acquires 97,661 Shares of Materialise NV $MTLS

AMH Equity Ltd raised its holdings in Materialise NV (NASDAQ:MTLS) by 88.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 207,661 shares of the software maker’s stock after acquiring an additional 97,661 shares during the quarter. Materialise comprises 1.5% of AMH Equity Ltd’s portfolio, making the stock its 25th largest position. AMH Equity Ltd’s holdings in Materialise were worth $1,173,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in Materialise by 11.8% in the first quarter. Envestnet Asset Management Inc. now owns 139,409 shares of the software maker’s stock worth $686,000 after purchasing an additional 14,683 shares during the period. Meritage Portfolio Management acquired a new stake in Materialise in the second quarter worth $459,000. ARK Investment Management LLC raised its holdings in Materialise by 28.6% in the second quarter. ARK Investment Management LLC now owns 566,508 shares of the software maker’s stock worth $3,201,000 after purchasing an additional 125,948 shares during the period. King Luther Capital Management Corp raised its holdings in Materialise by 169.4% in the first quarter. King Luther Capital Management Corp now owns 485,000 shares of the software maker’s stock worth $2,386,000 after purchasing an additional 305,000 shares during the period. Finally, Rock Point Advisors LLC raised its holdings in Materialise by 28.0% in the first quarter. Rock Point Advisors LLC now owns 898,150 shares of the software maker’s stock worth $4,419,000 after purchasing an additional 196,555 shares during the period. 19.30% of the stock is currently owned by institutional investors and hedge funds.

Materialise Trading Up 3.3%

Shares of NASDAQ:MTLS opened at $5.66 on Friday. Materialise NV has a 12 month low of $3.93 and a 12 month high of $9.69. The company has a quick ratio of 2.00, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. The company’s fifty day simple moving average is $5.57 and its 200 day simple moving average is $5.42. The firm has a market cap of $334.34 million, a price-to-earnings ratio of 70.76 and a beta of 1.26.

Materialise (NASDAQ:MTLS) last issued its quarterly earnings data on Tuesday, October 28th. The software maker reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. Materialise had a net margin of 1.65% and a return on equity of 1.75%. The business had revenue of $77.69 million for the quarter, compared to analyst estimates of $65.35 million. Materialise has set its FY 2025 guidance at EPS. As a group, research analysts forecast that Materialise NV will post 0.3 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Materialise in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Materialise presently has a consensus rating of “Sell”.

About Materialise

Materialise NV provides additive manufacturing and medical software, and 3D printing services in the Americas, Europe and Africa, and the Asia-Pacific. The company operates through three segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. The Materialise Software segment offers software through programs and platforms that enable and enhance the functionality of 3D printers and of 3D printing operations.