PRIMECAP Management (Trades, Portfolio) added to two of its existing stakes in 3D technology – Stratasys Ltd. (SSYS, Financial) and Faro Technologies Inc. (FARO, Financial) – on Sept. 30.
PRIMECAP bought 1,795,000 shares of Stratasys, an Eden Prairie, Minn.-based maker of 3D printers and production systems for businesses, for $26.49 per share. The transaction had a 0.05% impact on PRIMECAP’s portfolio.
GuruFocus has given Stratasys a Financial Strength score of 8/10 and a Profitability & Growth score of 6/10.
Stratasys has a market cap of $1.53 billion and an enterprise value of $1.35 billion. It has a forward P/E of 32.6, a P/B of 0.7 and a P/S of 1.9.
PRIMECAP is Stratasys’ leading shareholder among the gurus; Bill Frels (Trades, Portfolio), Mario Gabelli (Trades, Portfolio), Chuck Royce (Trades, Portfolio) and Louis Moore Bacon (Trades, Portfolio) also have shares of Stratasys in their portfolios.
Stratasys sold for $29.66 per share when the market closed Tuesday.
PRIMECAP acquired 100,000 shares of Faro Technologies, a Lake Mary, Fla., provider of 3D measurement, imaging and realization technology, for $35 per share.
GuruFocus has given Faro Technologies a Financial Strength score of 8/10 and a Profitability & Growth score of 6/10.
Faro Technologies has a market cap of $671.39 million and an enterprise value of $496.26 million. It has a P/E of 24.8, a forward P/E of 22, a P/B of 1.9 and a P/S of 2.0.
James Barrow (Trades, Portfolio), Chuck Royce (Trades, Portfolio) and Mario Gabelli (Trades, Portfolio) have shares of Faro Technologies in their portfolios.
Faro Technologies reached a new 52-week high of $35.70 per share on Oct. 1. The stock has moved beyond that price in recent days, selling for $38.25 per share when the market closed Tuesday.
To view the portfolios of more gurus, visit the List of Gurus page. Not a premium member of GuruFocus? Try it free for 7 days.
