Nano Cap New Millennium Growth Fund L P Makes New $555,000 Investment in Materialise NV $MTLS

Nano Cap New Millennium Growth Fund L P bought a new position in Materialise NV (NASDAQ:MTLSFree Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 100,000 shares of the software maker’s stock, valued at approximately $555,000.

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of Materialise by 123.8% during the 4th quarter. GAMMA Investing LLC now owns 9,869 shares of the software maker’s stock valued at $55,000 after purchasing an additional 5,459 shares in the last quarter. Teton Advisors LLC bought a new position in shares of Materialise during the 3rd quarter valued at about $56,000. Osaic Holdings Inc. lifted its holdings in shares of Materialise by 1,453.3% during the 2nd quarter. Osaic Holdings Inc. now owns 11,650 shares of the software maker’s stock valued at $66,000 after purchasing an additional 10,900 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Materialise by 19,063.2% during the 2nd quarter. NewEdge Advisors LLC now owns 13,031 shares of the software maker’s stock valued at $74,000 after purchasing an additional 12,963 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of Materialise during the 1st quarter valued at about $75,000. Institutional investors own 19.30% of the company’s stock.

Wall Street Analysts Forecast Growth

MTLS has been the topic of several recent analyst reports. Wall Street Zen cut Materialise from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Cantor Fitzgerald set a $10.00 target price on shares of Materialise and gave the stock an “overweight” rating in a research note on Friday, February 20th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Materialise currently has an average rating of “Hold” and an average target price of $10.00.

Check Out Our Latest Stock Report on Materialise

Materialise Price Performance

Shares of NASDAQ MTLS opened at $5.82 on Friday. The business’s 50 day moving average price is $5.27 and its two-hundred day moving average price is $5.53. The company has a market cap of $343.79 million, a PE ratio of 29.10 and a beta of 1.28. The company has a quick ratio of 2.24, a current ratio of 2.42 and a debt-to-equity ratio of 0.18. Materialise NV has a twelve month low of $4.78 and a twelve month high of $6.80.

Materialise (NASDAQ:MTLSGet Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The software maker reported $0.03 earnings per share for the quarter. The company had revenue of $76.72 million for the quarter. Materialise had a net margin of 3.77% and a return on equity of 4.05%. On average, analysts predict that Materialise NV will post 0.16 EPS for the current year.

Materialise Company Profile

(Free Report)

Materialise NV is a Belgium-based company specializing in 3D printing software and additive manufacturing services. Through its dual focus on software and printing, the company addresses a wide range of industries, including automotive, aerospace, consumer goods, and healthcare. Materialise’s offerings span from design and simulation tools to end-to-end production, delivering both standardized and highly customized parts across polymer and metal platforms.

On the software side, Materialise develops a suite of proprietary applications—such as Magics for data preparation, Mimics for medical image processing and patient-specific modeling, and Streamics for production workflow management.

Further Reading

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Institutional Ownership by Quarter for Materialise (NASDAQ:MTLS)

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