3D Systems Corporation (NYSE:DDD – Get Free Report) CEO Jeffrey Graves sold 42,686 shares of 3D Systems stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $3.55, for a total value of $151,535.30. Following the completion of the sale, the chief executive officer owned 1,231,596 shares of the company’s stock, valued at $4,372,165.80. This trade represents a 3.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
3D Systems Trading Up 2.8%
Shares of NYSE DDD traded up $0.10 on Friday, reaching $3.64. 6,746,580 shares of the company traded hands, compared to its average volume of 3,694,465. The stock has a market capitalization of $604.79 million, a PE ratio of -8.88 and a beta of 2.75. 3D Systems Corporation has a fifty-two week low of $1.70 and a fifty-two week high of $4.12. The company has a current ratio of 3.40, a quick ratio of 2.27 and a debt-to-equity ratio of 0.32. The company has a 50 day moving average of $3.18 and a 200 day moving average of $2.81.
3D Systems (NYSE:DDD – Get Free Report) last released its earnings results on Monday, August 3rd. The 3D printing company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. The firm had revenue of $94.60 million during the quarter, compared to the consensus estimate of $94.01 million. 3D Systems had a negative net margin of 14.15% and a negative return on equity of 19.56%. On average, equities research analysts forecast that 3D Systems Corporation will post -0.23 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on DDD shares. Craig Hallum upgraded shares of 3D Systems from a “hold” rating to a “buy” rating and set a $6.00 target price on the stock in a report on Tuesday, August 4th. Weiss Ratings cut 3D Systems from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Tuesday, August 4th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $5.50.
3D Systems Company Profile
3D Systems Corporation (NYSE:DDD) develops and provides additive manufacturing, commonly known as 3D printing, technologies for industrial and healthcare applications. The company offers 3D printers, printing materials, software, design and production services, and related support to help customers move from product development and prototyping to production.
Its solutions serve industries including aerospace and defense, automotive, healthcare, dental, consumer products, and general manufacturing.
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