John Irvin Sells 5,000 Shares of The ExOne Co. (XONE) Stock
The ExOne Co. (NASDAQ:XONE) Director John Irvin sold 5,000 shares of the firm’s stock in a transaction on Monday, October 3rd. The stock was sold at an average price of $15.51, for a total value of $77,550.00. Following the completion of the transaction, the director now owns 154,300 shares in the company, valued at approximately $2,393,193. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
The ExOne Co. (NASDAQ:XONE) opened at 14.90 on Monday. The ExOne Co. has a 52-week low of $6.50 and a 52-week high of $16.15. The firm has a 50-day moving average price of $14.29 and a 200-day moving average price of $12.08. The company’s market cap is $239.40 million.
The ExOne (NASDAQ:XONE) last announced its quarterly earnings data on Tuesday, August 9th. The company reported ($0.18) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.09. The firm earned $11.80 million during the quarter, compared to the consensus estimate of $11.12 million. The ExOne had a negative return on equity of 16.30% and a negative net margin of 43.59%. The business’s revenue for the quarter was up 38.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.48) EPS. On average, analysts forecast that The ExOne Co. will post ($0.71) EPS for the current year.
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC boosted its position in shares of The ExOne by 82.5% in the second quarter. Janney Montgomery Scott LLC now owns 155,648 shares of the company’s stock worth $1,602,000 after buying an additional 70,341 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of The ExOne by 72.4% in the second quarter. Dimensional Fund Advisors LP now owns 60,503 shares of the company’s stock worth $640,000 after buying an additional 25,414 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of The ExOne during the second quarter worth approximately $244,000. BlackRock Fund Advisors boosted its position in shares of The ExOne by 8.5% in the second quarter. BlackRock Fund Advisors now owns 286,241 shares of the company’s stock worth $3,026,000 after buying an additional 22,452 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of The ExOne by 6.6% in the second quarter. Vanguard Group Inc. now owns 317,170 shares of the company’s stock worth $3,352,000 after buying an additional 19,717 shares in the last quarter. 16.00% of the stock is currently owned by hedge funds and other institutional investors.
A number of brokerages recently commented on XONE. Zacks Investment Research upgraded The ExOne from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research report on Thursday. FBR & Co restated an “outperform” rating and issued a $18.00 price target on shares of The ExOne in a research report on Monday, October 3rd. Brean Capital restated a “hold” rating on shares of The ExOne in a research report on Thursday, August 11th. Finally, Canaccord Genuity restated a “hold” rating and issued a $12.00 price target on shares of The ExOne in a research report on Wednesday, August 10th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The ExOne presently has a consensus rating of “Hold” and a consensus target price of $14.00.
About The ExOne
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.
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