Today, the EVP-COO, Healthcare of 3D Systems (NYSE: DDD), Kevin Mcalea, sold shares of DDD for $424.2K.
In addition to Kevin Mcalea, one other DDD executive reported Sell trades in the last month.
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Based on 3D Systems’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $177 million and GAAP net loss of $8.86 million. In comparison, last year the company earned revenue of $159 million and had a GAAP net loss of $8.42 million. Currently, 3D Systems has an average volume of 1.51M.
Based on 5 analyst ratings, the analyst consensus is Moderate Sell with an average price target of $13.80, reflecting a -34.0% downside. Nine different firms, including B.Riley FBR and Merrill Lynch, currently also have a Sell rating on the stock.
The insider sentiment on 3D Systems has been neutral according to 36 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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3D Systems Corp. is a holding company, which engages in the provision of comprehensive three dimensional printing solutions. It includes three dimensional printers, materials, software, on demand manufacturing services, and digital design tools. The company was founded by Charles W. Hull in 1986 and is headquartered in Rock Hill, SC.
