FMR LLC Raises Stake in Stratasys Ltd. (SSYS) to 6.7%

February 14, 2013 2:35 PM EST
Stratasys Ltd. (NASDAQ: SSYS) is getting hit mid-day following a post from noted short selling website Citron Research on peer 3D Systems Corp. (NYSE: DDD). Citron Research called it a bubble stock. However, the world's largest mutual fund thinks otherwise.

In a 13G filing on Stratasys Ltd the parent of mutual fund Fidelity, FMR LLC, disclosed a 6.7%, or 2,758,771 share, stake in the company. This is up 428.95% from the 521,558 shares held at the end of the latest quarter ending September 30, 2012.

NOTE: FMR LLC also has a 6.12%, or 3,488,700 share, stake in 3D Systems.

For more notable holders of STRATASYS stock click here. For more information on FMR LLC click here.

Shares of SSYS are down 6.2 percent mid-day.

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