3D Systems' (DDD) "Sell (D-)" Rating Reiterated at Weiss Ratings

3D Systems (NYSE:DDD - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by stock analysts at Weiss Ratings in a note issued to investors on Saturday,Weiss Ratings reports.

A number of other research analysts have also recently issued reports on DDD. Needham & Company LLC reiterated a "hold" rating on shares of 3D Systems in a research report on Wednesday, January 15th. Craig Hallum raised 3D Systems to a "hold" rating in a research note on Thursday, December 12th. Finally, StockNews.com raised shares of 3D Systems from a "sell" rating to a "hold" rating in a research report on Thursday, November 28th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $3.25.

3D Systems Stock Performance

DDD traded down $0.04 on Friday, reaching $4.69. The company had a trading volume of 2,660,176 shares, compared to its average volume of 3,080,690. The stock has a market cap of $635.38 million, a P/E ratio of -1.18 and a beta of 1.63. 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 has a fifty-two week low of $1.72 and a fifty-two week high of $5.75. The company's fifty day moving average is $3.41 and its 200 day moving average is $3.06.

3D Systems (NYSE:DDD - Get Free Report) last announced its earnings results on Tuesday, November 26th. The 3D printing company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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%. As a group, analysts predict that 3D Systems will post -0.73 earnings per share for the current fiscal year.

Insider Activity at 3D Systems

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

Institutional Trading of 3D Systems

Several institutional investors and hedge funds have recently made changes to their positions in DDD. ARK Investment Management LLC grew its position in 3D Systems by 13.8% in the 4th quarter. ARK Investment Management LLC now owns 4,413,915 shares of the 3D printing company's stock worth $14,478,000 after purchasing an additional 535,287 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in 3D Systems by 2.2% in the fourth quarter. Exchange Traded Concepts LLC now owns 3,203,001 shares of the 3D printing company's stock worth $10,506,000 after purchasing an additional 68,530 shares during the last quarter. Geode Capital Management LLC increased its position in shares of 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 valued at $8,541,000 after purchasing an additional 38,431 shares during the last quarter. Silverberg Bernstein Capital Management LLC raised its stake in shares of 3D Systems by 8.2% during the 4th quarter. Silverberg Bernstein Capital Management LLC now owns 1,323,709 shares of the 3D printing company's stock worth $4,342,000 after purchasing an additional 99,950 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of 3D Systems by 17.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,193,107 shares of the 3D printing company's stock worth $3,913,000 after buying an additional 178,102 shares during the last quarter. Hedge funds and other institutional investors 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.