Jane Street Group LLC Has $101,000 Stake in Markforged Holding Co. (NYSE:MKFG)

Jane Street Group LLC lowered its holdings in Markforged Holding Co. (NYSE:MKFG) by 91.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 21,120 shares of the company’s stock after selling 218,038 shares during the quarter. Jane Street Group LLC owned about 0.10% of Markforged worth $101,000 as of its most recent filing with the SEC.

Separately, Divisar Capital Management LLC increased its holdings in shares of Markforged by 7.7% in the second quarter. Divisar Capital Management LLC now owns 7,864,892 shares of the company’s stock valued at $3,225,000 after purchasing an additional 561,304 shares in the last quarter. Institutional investors and hedge funds own 87.30% of the company’s stock.

Wall Street Analyst Weigh In

MKFG has been the topic of several research reports. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $5.00 price objective (down previously from $8.50) on shares of Markforged in a report on Thursday, September 26th. Lake Street Capital reaffirmed a “hold” rating on shares of Markforged in a research note on Thursday, September 26th.

Markforged Price Performance

Shares of NYSE:MKFG opened at $3.47 on Wednesday. The stock has a market cap of $71.55 million, a price-to-earnings ratio of -0.80 and a beta of 1.51. The company has a 50 day moving average of $3.81 and a 200-day moving average of $3.69. Markforged Holding Co. has a one year low of $1.57 and a one year high of $8.80.

Markforged Profile

Markforged Holding Corporation produces and sells 3D printers, materials, software, and other related services worldwide. It offers desktop, industrial, and metal 3D printers; and composite, continuous fiber, and metal parts, as well as advanced 3D printing software. The company serves customers in aerospace, military and defense, food and beverage, industrial automation, space exploration, healthcare, and automotive industries.