Virtu Financial LLC Takes Position in Markforged Holding Co. (NYSE:MKFG)

Virtu Financial LLC bought a new stake in Markforged Holding Co. (NYSE:MKFG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 37,068 shares of the company’s stock, valued at approximately $116,000. Virtu Financial LLC owned 0.18% of Markforged as of its most recent SEC filing.

Separately, Wolverine Asset Management LLC increased its holdings in Markforged by 336.2% during the 4th quarter. Wolverine Asset Management LLC now owns 32,731 shares of the company’s stock valued at $103,000 after purchasing an additional 25,228 shares in the last quarter. Hedge funds and other institutional investors own 87.30% of the company’s stock.

Markforged Trading Down 1.1 %

MKFG opened at $4.58 on Monday. Markforged Holding Co. has a 1-year low of $1.57 and a 1-year high of $8.80. The firm has a 50-day moving average price of $2.95 and a two-hundred day moving average price of $3.56. The stock has a market capitalization of $94.44 million, a PE ratio of -1.05 and a beta of 1.50.

Markforged (NYSE:MKFG) last posted its quarterly earnings data on Friday, March 28th. The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.33) by ($0.09). The company had revenue of $22.30 million during the quarter, compared to the consensus estimate of $22.30 million. Markforged had a negative return on equity of 34.99% and a negative net margin of 101.18%. On average, research analysts predict that Markforged Holding Co. will post -2 EPS for the current year.

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.