Oppenheimer & Co. Inc. cut its position in 3D Systems Corporation (NYSE:DDD) by 16.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,828 shares of the 3D printing company’s stock after selling 3,862 shares during the period. Oppenheimer & Co. Inc.’s holdings in 3D Systems Corporation were worth $297,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Stifel Financial Corp increased its position in shares of 3D Systems Corporation by 0.6% in the first quarter. Stifel Financial Corp now owns 19,099 shares of the 3D printing company’s stock worth $279,000 after buying an additional 105 shares during the last quarter. Northwestern Mutual Investment Management Company LLC increased its stake in shares of 3D Systems Corporation by 0.7% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 18,527 shares of the 3D printing company’s stock valued at $277,000 after buying an additional 131 shares during the last quarter. Cutter & CO Brokerage Inc. increased its stake in shares of 3D Systems Corporation by 1.3% in the first quarter. Cutter & CO Brokerage Inc. now owns 15,740 shares of the 3D printing company’s stock valued at $235,000 after buying an additional 200 shares during the last quarter. Private Advisor Group LLC increased its stake in shares of 3D Systems Corporation by 1.9% in the first quarter. Private Advisor Group LLC now owns 17,786 shares of the 3D printing company’s stock valued at $255,000 after buying an additional 324 shares during the last quarter. Finally, Private Asset Management Inc. raised its position in shares of 3D Systems Corporation by 2.8% in the first quarter. Private Asset Management Inc. now owns 14,800 shares of the 3D printing company’s stock worth $221,000 after buying an additional 400 shares during the period. Institutional investors and hedge funds own 54.86% of the company’s stock.

Shares of 3D Systems Corporation (DDD) traded up 3.00% during mid-day trading on Friday, hitting $18.55. 3,861,649 shares of the company traded hands. 3D Systems Corporation has a 52-week low of $11.98 and a 52-week high of $23.70. The firm’s market cap is $2.11 billion. The firm has a 50-day moving average price of $21.38 and a 200 day moving average price of $17.03.

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Several equities analysts recently issued reports on DDD shares. FBR & Co reissued a “hold” rating and set a $18.00 price objective on shares of 3D Systems Corporation in a report on Friday, May 5th. Jefferies Group LLC boosted their target price on shares of 3D Systems Corporation from $15.00 to $17.50 and gave the company a “hold” rating in a research report on Thursday, May 4th. Zacks Investment Research cut shares of 3D Systems Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, May 2nd. Canaccord Genuity reissued a “hold” rating and set a $15.00 target price on shares of 3D Systems Corporation in a research note on Friday, May 26th. Finally, BidaskClub cut shares of 3D Systems Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, June 28th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $17.80.

In related news, COO Kevin Mcalea sold 17,500 shares of the stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $20.63, for a total value of $361,025.00. Following the transaction, the chief operating officer now owns 276,074 shares in the company, valued at $5,695,406.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director G Walter Loewenbaum II sold 25,000 shares of the stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $22.29, for a total value of $557,250.00. Following the completion of the transaction, the director now owns 1,007,106 shares in the company, valued at approximately $22,448,392.74. The disclosure for this sale can be found here. Insiders sold 102,500 shares of company stock valued at $2,221,425 in the last ninety days. Corporate insiders own 5.00% of the company’s stock.

3D Systems Corporation Company Profile

3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and digital design tools. Its precision healthcare capabilities include simulation, Virtual Surgical Planning (VSP), and printing of medical and dental devices and surgical guides and instruments.

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

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