Retireful LLC Takes Position in Materialise NV (NASDAQ:MTLS)

Retireful LLC bought a new stake in Materialise NV (NASDAQ:MTLS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 22,821 shares of the software maker’s stock, valued at approximately $161,000.

Other large investors have also added to or reduced their stakes in the company. Disciplined Growth Investors Inc. MN boosted its position in Materialise by 0.5% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 1,601,641 shares of the software maker’s stock valued at $8,777,000 after buying an additional 8,089 shares during the last quarter. Rock Point Advisors LLC boosted its holdings in Materialise by 15.9% in the third quarter. Rock Point Advisors LLC now owns 777,465 shares of the software maker’s stock valued at $4,261,000 after purchasing an additional 106,564 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Materialise by 1,589.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 41,238 shares of the software maker’s stock valued at $226,000 after purchasing an additional 38,797 shares in the last quarter. Quadrature Capital Ltd grew its stake in Materialise by 104.0% during the 3rd quarter. Quadrature Capital Ltd now owns 36,350 shares of the software maker’s stock valued at $199,000 after purchasing an additional 18,532 shares in the last quarter. Finally, Ballentine Partners LLC purchased a new stake in Materialise during the 3rd quarter worth approximately $124,000. 19.30% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Materialise Stock Performance

Shares of Materialise stock opened at $7.60 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.65 and a current ratio of 1.81. Materialise NV has a 1 year low of $4.70 and a 1 year high of $8.50. The firm’s 50-day simple moving average is $7.48 and its 200-day simple moving average is $6.13. The firm has a market cap of $448.93 million, a PE ratio of 40.00 and a beta of 1.20.

Materialise Company Profile

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.