Is something in the air around 3D Systems?

Yesterday, the company's stock experienced a +438% increase in trading volume compared to usual.

Yesterday (19-07-2024) 3D Systems experienced unusual options trading on NYSE stock exchange. Stock traders acquired 7,565 put options on the company, what represents an increase of approximately +438% compared to the average volume of 1,406 put options.

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of 3D Systems by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 13,950,820 shares of the 3D printing company's stock worth $68,499,000 after acquiring an additional 51,868 shares during the period.

Raymond James & Associates lifted its position in 3D Systems by 18.0% in the 4th quarter. Raymond James & Associates now owns 115,996 shares of the 3D printing company's stock valued at $737,000 after acquiring an additional 17,660 shares in the last quarter.

Silverberg Bernstein Capital Management LLC bought a new position in 3D Systems in the 4th quarter valued at approximately $4,684,000. ARK Investment Management LLC lifted its holdings in shares of 3D Systems by 7.5% during the 4th quarter.

ARK Investment Management LLC now owns 3,109,753 shares of the 3D printing company's stock valued at $19,747,000 after buying an additional 216,637 shares during the period.

Finally, Nisa Investment Advisors LLC lifted its holdings in shares of 3D Systems by 386.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 6,490 shares of the 3D printing company's stock valued at $41,000 after buying an additional 5,155 shares during the period. 64.49% of the stock is owned by institutional investors.

A number of equities research analysts have weighed in on 3D Systems. Needham & Company LLC restated a "hold" rating on its shares, while Cantor Fitzgerald reaffirmed an "overweight" rating.

Source: www.marketbeat.com