Insider Sale: 3D Systems Co. (NYSE: DDD) Executive Vice President Sells 6,767 Shares

3D Systems Co. (NYSE:DDD – Get Rating) Executive Vice President Andrew Martin Johnson sold 6,767 shares of the company in a trade dated Friday, September 9. The stock was sold at an average price of $10.06, for a total transaction of $68,076.02. As a result of the transaction, the executive vice president now owns 186,221 shares of the company, valued at approximately $1,873,383.26. The sale was disclosed in a filing with the SEC, accessible via this link.

3D systems are trading up 3.1%

3D Systems stock traded at $0.30 during trading hours on Friday, hitting $10.11. 1,479,327 shares of the company have been traded, compared to its average volume of 1,652,534. The company has a debt ratio of 0.57, a quick ratio of 4.86 and a current ratio of 5 .52. 3D Systems Co. has a fifty-two week minimum of $8.78 and a fifty-two week maximum of $34.97. The company has a market capitalization of $1.32 billion, a price-earnings ratio of 5.55 and a beta of 1.42. The company’s 50-day moving average is $10.70 and its 200-day moving average is $12.20.

3D Systems (NYSE:DDD – Get Rating) last reported results on Monday, August 8. The 3D printing company reported ($0.07) earnings per share (EPS) for the quarter. The company posted revenue of $140.00 million for the quarter, versus analyst estimates of $145.48 million. 3D Systems had a net margin of 39.08% and a negative return on equity of 6.43%. The company’s revenue for the quarter was down 13.9% year over year. In the same quarter a year earlier, the company posted ($0.06) earnings per share. On average, analysts predict that 3D Systems Co. will post -0.54 earnings per share for the current year.

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Several research analysts have recently published reports on DDD stocks. StockNews.com downgraded 3D Systems shares from a “held” rating to a “sell” rating in a Thursday, May 12 research report. Credit Suisse Group began covering 3D Systems shares in a research report on Tuesday, August 16. They set an “underperforming” rating and a target price of $8.00 for the stock. Four research analysts gave the stock a sell rating, two gave the company a hold rating and one gave the company a buy rating. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $16.50.

Institutional trading of 3D systems

Hedge funds have recently changed their holdings in the company. Lazard Asset Management LLC acquired a new stake in 3D Systems stock in Q1 worth approximately $30,000. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in 3D Systems stock in Q2 worth approximately $45,000. Northwestern Mutual Wealth Management Co. raised its position in 3D Systems shares by 251.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,809 shares of the 3D printing company valued at $56,000 after acquiring 4,156 additional shares during the period. CWM LLC increased its position in 3D Systems shares by 33.3% in the first quarter. CWM LLC now owns 3,610 shares of the 3D printing company valued at $60,000 after acquiring 901 additional shares during the period. Finally, Point72 Hong Kong Ltd acquired a new equity stake in 3D Systems in Q4 worth approximately $85,000. 69.33% of the shares are currently held by institutional investors and hedge funds.

3D Systems Company Profile

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

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Insider buying and selling by quarter for 3D Systems (NYSE: DDD)

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