3D Systems (NYSE:DDD) Stock Price Down 4.9% - Time to Sell?

3D Systems Co. (NYSE:DDD - Get Free Report) shares traded down 4.9% during mid-day trading on Friday . The company traded as low as $4.34 and last traded at $4.45. 725,169 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 3,001,547 shares. The stock had previously closed at $4.68.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on DDD shares. Needham & Company LLC reiterated a "hold" rating on shares of 3D Systems in a research report on Wednesday, January 15th. Weiss Ratings reiterated a "sell (d-)" rating on shares of 3D Systems in a report on Saturday, February 1st. Craig Hallum raised shares of 3D Systems to a "hold" rating in a research note on Thursday, December 12th. Finally, StockNews.com raised 3D Systems from a "sell" rating to a "hold" rating in a research note on Thursday, November 28th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $3.25.

3D Systems Trading Down 0.5 %

The stock's 50-day moving average price is $3.50 and its 200 day moving average price is $3.06. The company has a debt-to-equity ratio of 0.97, a current ratio of 3.31 and a quick ratio of 2.34. The firm has a market capitalization of $593.74 million, a PE ratio of -1.10 and a beta of 1.63.

3D Systems (NYSE:DDD - Get Free Report) last released its quarterly earnings data on Tuesday, November 26th. The 3D printing company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.02). 3D Systems had a negative return on equity of 26.72% and a negative net margin of 117.65%. On average, sell-side analysts expect that 3D Systems Co. will post -0.73 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Jeffrey A. Graves acquired 60,000 shares of the firm's stock in a transaction that occurred on 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 purchase, the chief executive officer now directly owns 1,091,782 shares of the company's stock, valued at $4,203,360.70. This trade represents a 5.82 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Charles W. Hull sold 115,971 shares of 3D Systems stock in a transaction that occurred on 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 in the company, valued at approximately $1,281,346.30. The trade was a 25.89 % decrease in their position. The disclosure for this sale can be found here. 3.70% of the stock is owned by company insiders.

Institutional Trading of 3D Systems

Institutional investors have recently made changes to their positions in the business. Weiss Asset Management LP purchased a new stake in 3D Systems in the third quarter valued at about $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 valued at $1,022,000 after purchasing an additional 341,308 shares during the last quarter. Barclays PLC boosted its stake in 3D Systems by 260.1% in the 3rd quarter. Barclays PLC now owns 207,379 shares of the 3D printing company's stock worth $589,000 after purchasing an additional 149,793 shares in the last quarter. Geode Capital Management LLC grew its position in 3D Systems by 1.3% during the 3rd 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 last quarter. Finally, Inspire Investing LLC increased its stake in 3D Systems by 822.7% during the 4th quarter. Inspire Investing LLC now owns 139,685 shares of the 3D printing company's stock valued at $458,000 after purchasing an additional 124,547 shares in the last quarter. 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.