3D Systems Co. (NYSE:DDD) Shares Bought by Credit Suisse AG

Credit Suisse AG grew its holdings in shares of 3D Systems Co. (NYSE:DDDGet Rating) by 16.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 551,766 shares of the 3D printing company’s stock after acquiring an additional 76,774 shares during the period. Credit Suisse AG owned about 0.42% of 3D Systems worth $4,403,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Lazard Asset Management LLC acquired a new stake in shares of 3D Systems during the first quarter valued at about $30,000. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in shares of 3D Systems during the second quarter valued at about $45,000. Pacer Advisors Inc. grew its stake in shares of 3D Systems by 35.2% during the third quarter. Pacer Advisors Inc. now owns 5,128 shares of the 3D printing company’s stock valued at $41,000 after acquiring an additional 1,334 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of 3D Systems by 251.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,809 shares of the 3D printing company’s stock valued at $56,000 after acquiring an additional 4,156 shares in the last quarter. Finally, FMR LLC lifted its position in shares of 3D Systems by 15.9% during the second quarter. FMR LLC now owns 9,246 shares of the 3D printing company’s stock worth $90,000 after purchasing an additional 1,265 shares during the last quarter. 67.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at 3D Systems

In other 3D Systems news, EVP Andrew Martin Johnson sold 7,787 shares of the firm’s stock in a transaction that occurred on Friday, December 9th. The shares were sold at an average price of $9.39, for a total value of $73,119.93. Following the sale, the executive vice president now owns 178,434 shares in the company, valued at $1,675,495.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.45% of the stock is owned by company insiders.

3D Systems Stock Performance

Shares of NYSE DDD opened at $9.79 on Wednesday. The company has a quick ratio of 4.85, a current ratio of 5.68 and a debt-to-equity ratio of 0.61. The firm’s 50-day moving average price is $9.60 and its two-hundred day moving average price is $9.38. 3D Systems Co. has a 52-week low of $7.02 and a 52-week high of $20.51. The stock has a market capitalization of $1.28 billion, a P/E ratio of -11.94 and a beta of 1.71.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on DDD shares. StockNews.com raised shares of 3D Systems to a “sell” rating in a research report on Monday. TheStreet cut shares of 3D Systems from a “c-” rating to a “d” rating in a research report on Tuesday, November 8th. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $16.50.

About 3D Systems

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3D Systems Corp. is a holding company, which engages in the provision of comprehensive three-dimensional printing solutions. It offers a comprehensive range of 3D printers, materials, software, haptic design tools, 3D scanners, and virtual surgical simulators. The company was founded by Charles W. Hull in 1986 and is headquartered in Rock Hill, SC.

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Institutional Ownership by Quarter for 3D Systems (NYSE:DDD)

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