EAM Global Investors LLC Invests $392,000 in Materialise NV (NASDAQ:MTLS)

EAM Global Investors LLC purchased a new stake in Materialise NV (NASDAQ:MTLS) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 55,616 shares of the software maker’s stock, valued at approximately $392,000. EAM Global Investors LLC owned 0.09% of Materialise as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Barclays PLC boosted its holdings in shares of Materialise by 45.3% in the third quarter. Barclays PLC now owns 7,933 shares of the software maker’s stock worth $43,000 after buying an additional 2,473 shares during the period. LPL Financial LLC boosted its stake in Materialise by 9.3% in the 4th quarter. LPL Financial LLC now owns 32,393 shares of the software maker’s stock worth $228,000 after purchasing an additional 2,750 shares during the period. GAMMA Investing LLC grew its position in Materialise by 73.3% during the 4th quarter. GAMMA Investing LLC now owns 9,165 shares of the software maker’s stock worth $65,000 after purchasing an additional 3,875 shares in the last quarter. Truist Financial Corp purchased a new position in Materialise during the 4th quarter worth approximately $79,000. Finally, Commonwealth Equity Services LLC acquired a new stake in Materialise during the 4th quarter valued at $85,000. Hedge funds and other institutional investors own 19.30% of the company’s stock.

Materialise Price Performance

NASDAQ MTLS opened at $4.57 on Wednesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.81 and a quick ratio of 1.65. The firm has a market capitalization of $269.95 million, a price-to-earnings ratio of 18.28 and a beta of 1.58. The company has a 50 day simple moving average of $5.72 and a 200-day simple moving average of $6.55. Materialise NV has a 52-week low of $3.93 and a 52-week high of $9.69.

Materialise (NASDAQ:MTLS) last released its earnings results on Thursday, February 20th. The software maker reported $0.05 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.05. Materialise had a net margin of 5.04% and a return on equity of 5.47%. The company had revenue of $68.24 million during the quarter, compared to the consensus estimate of $71.66 million. Equities research analysts predict that Materialise NV will post 0.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Materialise from a “buy” rating to a “hold” rating in a report on Friday, February 28th.

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.