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

3D Systems Co. (NYSE:DDD) EVP Charles W. Hull sold 115,971 shares of 3D Systems stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $3.86, for a total value of $447,648.06. Following the completion of the transaction, the executive vice president now owns 331,955 shares of the company’s stock, valued at approximately $1,281,346.30. The trade was a 25.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

3D Systems Trading Down 5.8 %

NYSE:DDD opened at $3.58 on Thursday. The stock has a market cap of $485.52 million, a price-to-earnings ratio of -0.90 and a beta of 1.64. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.34 and a current ratio of 3.31. 3D Systems Co. has a 1 year low of $1.72 and a 1 year high of $6.85. The business has a fifty day moving average of $3.19 and a 200-day moving average of $3.08.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Loop Capital cut their price target on 3D Systems from $4.50 to $2.00 and set a “hold” rating on the stock in a report on Thursday, September 5th. Craig Hallum upgraded 3D Systems to a “hold” rating in a research note on Thursday, December 12th. Needham & Company LLC restated a “hold” rating on shares of 3D Systems in a research report on Thursday, December 12th. 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. Finally, StockNews.com upgraded shares of 3D Systems from a “sell” rating to a “hold” rating in a research report on Thursday, November 28th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $3.25.

Institutional Investors Weigh In On 3D Systems

Institutional investors have recently bought and sold shares of the stock. Point72 DIFC Ltd bought a new stake in shares of 3D Systems during the 3rd quarter worth about $25,000. Murchinson Ltd. acquired a new position in shares of 3D Systems during the third quarter valued at approximately $28,000. HighTower Advisors LLC acquired a new position in shares of 3D Systems during the third quarter valued at approximately $31,000. Inspire Investing LLC bought a new stake in 3D Systems during the second quarter worth approximately $35,000. Finally, Ballentine Partners LLC acquired a new stake in 3D Systems in the third quarter worth approximately $36,000. Institutional investors and hedge funds own 64.49% of the company’s stock.

3D Systems Company Profile

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.