Inspire Investing LLC Buys New Position in Materialise NV (NASDAQ:MTLS)

Inspire Investing LLC bought a new stake in shares of Materialise NV (NASDAQ:MTLS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 107,397 shares of the software maker’s stock, valued at approximately $756,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC boosted its stake 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 purchasing an additional 2,473 shares during the period. GAMMA Investing LLC boosted its stake in Materialise by 73.3% during the 4th quarter. GAMMA Investing LLC now owns 9,165 shares of the software maker’s stock valued at $65,000 after purchasing an additional 3,875 shares during the period. Quintet Private Bank Europe S.A. boosted its stake in 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 valued at $120,000 after purchasing an additional 7,459 shares during the period. Ballentine Partners LLC bought a new stake in Materialise during the 3rd quarter valued at approximately $124,000. Finally, Retireful LLC acquired a new position in Materialise in the 4th quarter valued at approximately $161,000. Institutional investors own 19.30% of the company’s stock.

Materialise Trading Up 4.9 %

Materialise stock opened at $8.20 on Friday. The business has a 50 day moving average price of $7.56 and a two-hundred day moving average price of $6.24. 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 $484.37 million, a price-to-earnings ratio of 43.16 and a beta of 1.20. Materialise NV has a 12 month low of $4.70 and a 12 month high of $8.50.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised 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.