3D Systems Co. (NYSE:DDD) EVP Sells $447,648.06 in Stock

by · The Markets Daily

3D Systems Co. (NYSE:DDD – Get Free Report) EVP Charles W. Hull sold 115,971 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $3.86, for a total value of $447,648.06. Following the sale, the executive vice president now directly owns 331,955 shares in the company, valued at $1,281,346.30. The trade was a 25.89 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

3D Systems Trading Down 1.4 %

NYSE:DDD opened at $3.50 on Friday. The company has a market cap of $474.67 million, a P/E ratio of -0.88 and a beta of 1.64. 3D Systems Co. has a twelve month low of $1.72 and a twelve month high of $6.85. The business has a 50 day moving average price of $3.20 and a two-hundred day moving average price of $3.09. The company has a quick ratio of 2.34, a current ratio of 3.31 and a debt-to-equity ratio of 0.97.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in DDD. Barclays PLC lifted its position in 3D Systems by 260.1% during the 3rd quarter. Barclays PLC now owns 207,379 shares of the 3D printing company’s stock worth $589,000 after buying an additional 149,793 shares in the last quarter. Geode Capital Management LLC raised its holdings in 3D Systems by 1.3% during the third quarter. Geode Capital Management LLC now owns 3,007,031 shares of the 3D printing company’s stock worth $8,541,000 after acquiring an additional 38,431 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in 3D Systems during the third quarter valued at approximately $252,000. XTX Topco Ltd grew its stake in 3D Systems by 1,844.0% in the third quarter. XTX Topco Ltd now owns 359,817 shares of the 3D printing company’s stock valued at $1,022,000 after purchasing an additional 341,308 shares in the last quarter. Finally, DF Dent & Co. Inc. acquired a new position in shares of 3D Systems during the 3rd quarter worth approximately $142,000. Institutional investors and hedge funds own 64.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on DDD shares. Cantor Fitzgerald dropped their price target on 3D Systems from $5.50 to $3.75 and set an “overweight” rating on the stock in a research report on Friday, August 30th. Needham & Company LLC restated a “hold” rating on shares of 3D Systems in a report on Thursday, December 12th. Craig Hallum raised shares of 3D Systems to a “hold” rating in a research note on Thursday, December 12th. Loop Capital lowered their price objective on shares of 3D Systems from $4.50 to $2.00 and set a “hold” rating for the company in a research report on Thursday, September 5th. Finally, Lake Street Capital cut their price objective on shares of 3D Systems from $6.00 to $4.00 and set a “buy” rating on the stock in a research report on Thursday, September 5th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $3.25.

Check Out Our Latest Analysis on 3D Systems

About 3D Systems

(Get Free Report)

3D Systems Corporation provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers 3D printers technologies, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, polymer extrusion, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts.

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