Materialise NV $MTLS Holdings Decreased by KBC Group NV

KBC Group NV lessened its stake in Materialise NV (NASDAQ:MTLS) by 76.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,771 shares of the software maker’s stock after selling 91,214 shares during the period. KBC Group NV’s holdings in Materialise were worth $142,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC bought a new position in shares of Materialise in the first quarter valued at approximately $75,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Materialise by 15.1% in the second quarter. Arrowstreet Capital Limited Partnership now owns 467,276 shares of the software maker’s stock valued at $2,640,000 after buying an additional 61,465 shares during the period. Walleye Capital LLC bought a new position in Materialise during the second quarter valued at about $150,000. NewEdge Advisors LLC boosted its stake in Materialise by 19,063.2% during the second quarter. NewEdge Advisors LLC now owns 13,031 shares of the software maker’s stock valued at $74,000 after buying an additional 12,963 shares in the last quarter. Finally, Disciplined Growth Investors Inc. MN grew its holdings in Materialise by 0.8% during the second quarter. Disciplined Growth Investors Inc. MN now owns 1,890,920 shares of the software maker’s stock worth $10,684,000 after acquiring an additional 15,573 shares during the period. 19.30% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Materialise from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 27th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $10.00.

Materialise Stock Down 1.7%

Shares of NASDAQ:MTLS opened at $6.44 on Tuesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.24 and a current ratio of 2.42. The company has a market cap of $380.41 million, a PE ratio of 32.20 and a beta of 1.32. Materialise NV has a 52 week low of $4.78 and a 52 week high of $7.50. The firm has a 50 day simple moving average of $6.63 and a 200 day simple moving average of $5.81.

Materialise (NASDAQ:MTLS) last posted its quarterly earnings data on Tuesday, March 31st. The software maker reported $0.03 earnings per share for the quarter. Materialise had a net margin of 3.77% and a return on equity of 4.05%. The firm had revenue of $76.72 million for the quarter. As a group, research analysts expect that Materialise NV will post 0.16 earnings per share for the current year.

Materialise Profile

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.