The ExOne Co. (NASDAQ:XONE) shares traded down 4.4% during trading on Friday following insider selling activity. The stock traded as low as $14.77 and last traded at $14.88, with a volume of 105,335 shares traded. The stock had previously closed at $15.56.
Specifically, CEO James L. Mccarley bought 7,200 shares of The ExOne stock in a transaction dated Wednesday, August 24th. The stock was bought at an average cost of $14.27 per share, for a total transaction of $102,744.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director John Irvin sold 5,000 shares of the stock in a transaction that occurred on Monday, October 3rd. The shares were sold at an average price of $15.51, for a total value of $77,550.00. Following the transaction, the director now owns 154,300 shares of the company’s stock, valued at $2,393,193. The disclosure for this sale can be found here. Insiders own 36.40% of the company’s stock.
Several equities analysts recently issued reports on XONE shares. Zacks Investment Research upgraded The ExOne from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Saturday, August 13th. Canaccord Genuity restated a “hold” rating and set a $12.00 price objective on shares of The ExOne in a research note on Wednesday, August 10th. Brean Capital restated a “hold” rating on shares of The ExOne in a research note on Thursday, August 11th. Finally, FBR & Co restated an “outperform” rating and set a $18.00 price objective on shares of The ExOne in a research note on Monday, October 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $14.00.
The company’s market cap is $239.40 million. The firm has a 50 day moving average of $14.29 and a 200 day moving average of $12.08.
The ExOne (NASDAQ:XONE) last announced its quarterly earnings results on Tuesday, August 9th. The company reported ($0.18) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.27) by $0.09. The business had revenue of $11.80 million for the quarter, compared to analyst estimates of $11.12 million. The ExOne had a negative return on equity of 16.30% and a negative net margin of 43.59%. The ExOne’s quarterly revenue was up 38.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.48) EPS. On average, equities research analysts anticipate that The ExOne Co. will post ($0.71) EPS for the current fiscal year.
A number of hedge funds have recently made changes to their positions in XONE. Marathon Capital Management bought a new stake in shares of The ExOne during the second quarter valued at approximately $106,000. Sanders Morris Harris Inc. bought a new stake in shares of The ExOne during the second quarter valued at approximately $124,000. Parametric Portfolio Associates LLC raised its stake in shares of The ExOne by 4.4% in the second quarter. Parametric Portfolio Associates LLC now owns 12,078 shares of the company’s stock valued at $128,000 after buying an additional 507 shares in the last quarter. A.R.T. Advisors LLC bought a new stake in shares of The ExOne during the second quarter valued at approximately $150,000. Finally, Commerzbank Aktiengesellschaft FI raised its stake in shares of The ExOne by 4.3% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 16,886 shares of the company’s stock valued at $178,000 after buying an additional 698 shares in the last quarter. 16.00% of the stock is currently owned by institutional investors and hedge funds.
The ExOne Company Profile
The ExOne Company is a provider of three dimensional (3D) printing machines and 3D printed and other products, materials and services to industrial customers. The Company’s business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its installed base of 3D printing machines.
Receive News & Ratings for The ExOne Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The ExOne Co. and related companies with MarketBeat.com's FREE daily email newsletter.