Silverberg Bernstein Capital Management LLC Buys 99,950 Shares of 3D Systems Co. (NYSE:DDD)

Silverberg Bernstein Capital Management LLC grew its stake in 3D Systems Co. (NYSE:DDD - Free Report) by 8.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,323,709 shares of the 3D printing company's stock after acquiring an additional 99,950 shares during the period. 3D Systems accounts for 3.8% of Silverberg Bernstein Capital Management LLC's holdings, making the stock its 7th biggest holding. Silverberg Bernstein Capital Management LLC owned about 0.98% of 3D Systems worth $4,342,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of DDD. Weiss Asset Management LP bought a new position in 3D Systems in the third quarter worth approximately $1,143,000. XTX Topco Ltd raised its position in shares of 3D Systems by 1,844.0% in the 3rd quarter. XTX Topco Ltd now owns 359,817 shares of the 3D printing company's stock worth $1,022,000 after acquiring an additional 341,308 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in shares of 3D Systems during the 2nd quarter worth $824,000. Barclays PLC boosted its position in 3D Systems by 260.1% during the third quarter. Barclays PLC now owns 207,379 shares of the 3D printing company's stock valued at $589,000 after purchasing an additional 149,793 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in 3D Systems by 1.3% in the third quarter. Geode Capital Management LLC now owns 3,007,031 shares of the 3D printing company's stock valued at $8,541,000 after purchasing an additional 38,431 shares during the last quarter. 64.49% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Jeffrey A. Graves acquired 60,000 shares of 3D Systems stock in a transaction dated Tuesday, December 17th. The stock was purchased at an average cost of $3.85 per share, for a total transaction of $231,000.00. Following the completion of the purchase, the chief executive officer now directly owns 1,091,782 shares in the company, valued at $4,203,360.70. This trade represents a 5.82 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Charles W. Hull sold 115,971 shares of 3D Systems stock in a transaction dated 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 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. Corporate insiders own 3.70% of the company's stock.

3D Systems Stock Performance

Shares of 3D Systems stock traded up $0.09 during midday trading on Wednesday, hitting $3.12. The company had a trading volume of 2,104,422 shares, compared to its average volume of 2,134,576. The company has a fifty day simple moving average of $3.29 and a 200 day simple moving average of $3.05. The stock has a market cap of $423.13 million, a price-to-earnings ratio of -0.78 and a beta of 1.61. The company has a quick ratio of 2.34, a current ratio of 3.31 and a debt-to-equity ratio of 0.97. 3D Systems Co. has a 12-month low of $1.72 and a 12-month high of $5.75.

Analyst Ratings Changes

Several analysts have commented on the stock. Craig Hallum raised shares of 3D Systems to a "hold" rating in a research report on Thursday, December 12th. Needham & Company LLC reissued a "hold" rating on shares of 3D Systems in a research report on Wednesday. Finally, StockNews.com raised shares of 3D Systems from a "sell" rating to a "hold" rating in a 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, 3D Systems has a consensus rating of "Hold" and an average price target of $3.25.

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.