Materialise NV (NASDAQ:MTLS) Shares Bought by Disciplined Growth Investors Inc. MN

Disciplined Growth Investors Inc. MN lifted its holdings in Materialise NV (NASDAQ:MTLS) by 0.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,601,641 shares of the software maker’s stock after purchasing an additional 8,089 shares during the period. Disciplined Growth Investors Inc. MN owned about 2.71% of Materialise worth $8,777,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in MTLS. Rock Point Advisors LLC grew its position in Materialise by 15.9% in the third quarter. Rock Point Advisors LLC now owns 777,465 shares of the software maker’s stock worth $4,261,000 after buying an additional 106,564 shares during the last quarter. Ballentine Partners LLC bought a new stake in shares of Materialise during the 3rd quarter worth $124,000. Quadrature Capital Ltd boosted its stake in shares of Materialise by 104.0% during the 3rd quarter. Quadrature Capital Ltd now owns 36,350 shares of the software maker’s stock worth $199,000 after acquiring an additional 18,532 shares in the last quarter. Quintet Private Bank Europe S.A. grew its holdings in shares of Materialise by 51.4% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 21,965 shares of the software maker’s stock worth $120,000 after acquiring an additional 7,459 shares during the last quarter. Finally, Barclays PLC raised its position in shares of Materialise by 45.3% during the third quarter. Barclays PLC now owns 7,933 shares of the software maker’s stock worth $43,000 after purchasing an additional 2,473 shares during the period. 19.30% of the stock is currently owned by institutional investors.

Materialise Stock Performance

Shares of Materialise stock opened at $8.23 on Tuesday. Materialise NV has a 12 month low of $4.70 and a 12 month high of $8.49. The company has a quick ratio of 1.65, a current ratio of 1.81 and a debt-to-equity ratio of 0.10. The stock has a market cap of $486.15 million, a PE ratio of 43.32 and a beta of 1.19. The business has a fifty day simple moving average of $6.32 and a 200-day simple moving average of $5.63.

Analyst Ratings Changes

Separately, StockNews.com raised Materialise from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 13th.

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.