3D Systems Co. (NYSE:DDD) Receives Average Recommendation of "Hold" from Brokerages

3D Systems Co. (NYSE:DDD - Get Free Report) has earned a consensus rating of "Hold" from the five analysts that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $3.25.

A number of analysts have issued reports on the stock. StockNews.com raised shares of 3D Systems from a "sell" rating to a "hold" rating in a report on Thursday, November 28th. Craig Hallum upgraded 3D Systems to a "hold" rating in a research note on Thursday, December 12th. Finally, Needham & Company LLC restated a "hold" rating on shares of 3D Systems in a research note on Thursday, December 12th.

3D Systems Stock Performance

Shares of 3D Systems stock traded down $0.04 during trading on Friday, reaching $3.28. The company's stock had a trading volume of 1,955,139 shares, compared to its average volume of 2,177,207. The company has a quick ratio of 2.34, a current ratio of 3.31 and a debt-to-equity ratio of 0.97. The business's 50-day moving average price is $3.31 and its 200-day moving average price is $3.05. 3D Systems has a 52 week low of $1.72 and a 52 week high of $5.75. The firm has a market cap of $444.83 million, a PE ratio of -0.82 and a beta of 1.61.

Insider Buying and Selling

In other 3D Systems news, CEO Jeffrey A. Graves bought 60,000 shares of the firm's stock in a transaction on Tuesday, December 17th. The shares were purchased at an average price of $3.85 per share, for a total transaction of $231,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,091,782 shares in the company, valued at approximately $4,203,360.70. The trade was a 5.82 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Charles W. Hull sold 115,971 shares of the stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $3.86, for a total transaction of $447,648.06. Following the completion of the transaction, the executive vice president now directly owns 331,955 shares of the company's stock, valued at $1,281,346.30. This trade represents a 25.89 % decrease in their position. The disclosure for this sale can be found here. 3.70% of the stock is currently owned by company insiders.

Institutional Trading of 3D Systems

Several hedge funds and other institutional investors have recently made changes to their positions in DDD. Barclays PLC boosted 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 during the period. Geode Capital Management LLC lifted its holdings in shares of 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 purchasing an additional 38,431 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in shares of 3D Systems in the third quarter worth $252,000. XTX Topco Ltd increased its holdings 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 during the period. Finally, DF Dent & Co. Inc. bought a new position in 3D Systems during the 3rd quarter worth $142,000. 64.49% of the stock is currently owned by institutional investors.

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.