Top 5 Tech and Automation Stocks in Cathie Wood’s Portfolio

4. Stratasys Ltd. (NASDAQ:SSYS)

Ark Investment’s Stake Value: $155.6 million

Percent of 13F Portfolio: 0.37%

Number of Hedge Fund Holders: 21

Stratasys Ltd. (NASDAQ:SSYS) is a Minneapolis-based technology company that provides 3D printing systems and services. Insider Monkey tracked that Stratasys Ltd. (NASDAQ:SSYS) was in the portfolio of 21 hedge funds in the September quarter of 2021, valued at $270.2 million.

In the third quarter of 2021, Cathie Wood’s Ark Management held 7.23 million shares in Stratasys Ltd. (NASDAQ:SSYS), valued at $155.58 million, accounting for 0.37% of its 13F portfolio. In the third quarter filings, Stratasys Ltd. (NASDAQ:SSYS) posted an EPS of $0.01, beating the market estimates by $0.07. Q3 revenue totaled $159.01 million, beating the estimates by $8.93 million.

On November 08, 2021, Loop Capital raised its price target on Stratasys Ltd. (NASDAQ:SSYS) to $35 from $19 and kept a “Hold” rating on the stock.