GAMMA Investing LLC Increases Stock Position in Materialise NV (NASDAQ:MTLS)

GAMMA Investing LLC boosted its holdings in shares of Materialise NV (NASDAQ:MTLS) by 73.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,165 shares of the software maker’s stock after acquiring an additional 3,875 shares during the quarter. GAMMA Investing LLC’s holdings in Materialise were worth $65,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Barclays PLC boosted its position in Materialise by 45.3% during the 3rd quarter. Barclays PLC now owns 7,933 shares of the software maker’s stock valued at $43,000 after acquiring an additional 2,473 shares in the last quarter. Quintet Private Bank Europe S.A. lifted its stake in shares of Materialise by 51.4% during the 3rd quarter. Quintet Private Bank Europe S.A. now owns 21,965 shares of the software maker’s stock worth $120,000 after purchasing an additional 7,459 shares during the last quarter. Ballentine Partners LLC bought a new stake in Materialise during the third quarter valued at about $124,000. Quadrature Capital Ltd boosted its position in Materialise by 104.0% during the third 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, JPMorgan Chase & Co. grew its stake in Materialise by 1,589.4% in the third 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 during the last quarter. Institutional investors own 19.30% of the company’s stock.

Materialise Stock Performance

Shares of MTLS opened at $7.39 on Monday. The company has a current ratio of 1.81, a quick ratio of 1.65 and a debt-to-equity ratio of 0.10. The firm has a market cap of $436.51 million, a PE ratio of 38.90 and a beta of 1.20. Materialise NV has a 12 month low of $4.70 and a 12 month high of $8.50. The stock has a fifty day moving average price of $7.35 and a 200-day moving average price of $6.04.

Wall Street Analyst Weigh In

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

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.