3D Systems (DDD) Reaches $12.04 After 5.00% Down Move; National Oilwell Varco (NOV) Sellers Decreased By 15.81% Their Shorts




May 13, 2018 – By Winifred Garcia

The stock of 3D Systems Corporation (NYSE:DDD) is a huge mover today! The stock decreased 4.60% or $0.58 during the last trading session, reaching $12.04. About 3.28 million shares traded or 9.81% up from the average. 3D Systems Corporation (NYSE:DDD) has declined 19.11% since May 13, 2017 and is downtrending. It has underperformed by 30.66% the S&P500.The move comes after 5 months negative chart setup for the $1.37 billion company. It was reported on May, 13 by Barchart.com. We have $11.44 PT which if reached, will make NYSE:DDD worth $68.50 million less.

National Oilwell Varco Inc (NYSE:NOV) had a decrease of 15.81% in short interest. NOV’s SI was 23.16 million shares in May as released by FINRA. Its down 15.81% from 27.51M shares previously. With 2.67 million avg volume, 9 days are for National Oilwell Varco Inc (NYSE:NOV)’s short sellers to cover NOV’s short positions. The SI to National Oilwell Varco Inc’s float is 6.11%. The stock increased 0.10% or $0.04 during the last trading session, reaching $40.65. About 1.95M shares traded. National Oilwell Varco, Inc. (NYSE:NOV) has declined 3.90% since May 13, 2017 and is downtrending. It has underperformed by 15.45% the S&P500.

Since February 28, 2018, it had 0 insider buys, and 1 sale for $264,657 activity. Duff Scott K. sold $264,657 worth of National Oilwell Varco, Inc. (NYSE:NOV) on Wednesday, February 28.

National Oilwell Varco, Inc. designs, makes, and sells equipment and components used in gas and oil drilling, completion, and production operations; and provides oilfield services to the upstream gas and oil industry worldwide. The company has market cap of $15.53 billion. It operates through four divisions: Rig Systems, Rig Aftermarket, Wellbore Technologies, and Completion & Production Solutions. It currently has negative earnings. The Rig Systems segment offers land rigs; offshore drilling equipment packages; and drilling rig components.

More recent National Oilwell Varco, Inc. (NYSE:NOV) news were published by: Seekingalpha.com which released: “National Oilwell Varco expects Q1 revenue miss” on April 16, 2018. Also Seekingalpha.com published the news titled: “National Oilwell Varco’s (NOV) CEO Clay Williams on Q1 2018 Results – Earnings Call Transcript” on April 27, 2018. Globenewswire.com‘s news article titled: “Consolidated Research: 2018 Summary Expectations for The Mosaic, Newmont Mining, National Oilwell Varco …” with publication date: May 08, 2018 was also an interesting one.

Among 35 analysts covering National Oilwell Varco (NYSE:NOV), 8 have Buy rating, 5 Sell and 22 Hold. Therefore 23% are positive. National Oilwell Varco had 124 analyst reports since July 31, 2015 according to SRatingsIntel. The company was initiated on Thursday, April 6 by R. F. Lafferty. The company was initiated on Tuesday, January 12 by Oppenheimer. The stock has “Hold” rating by Susquehanna on Friday, January 12. Barclays Capital maintained National Oilwell Varco, Inc. (NYSE:NOV) rating on Monday, October 30. Barclays Capital has “Equal-Weight” rating and $36 target. The firm has “Buy” rating by Piper Jaffray given on Tuesday, February 6. The firm has “Buy” rating given on Friday, March 3 by Argus Research. The company was maintained on Thursday, October 5 by Jefferies. The rating was maintained by Seaport Global on Monday, February 12 with “Sell”. The company was upgraded on Friday, December 11 by Citigroup. The stock has “Neutral” rating by Susquehanna on Wednesday, March 9.

Investors sentiment decreased to 0.7 in Q4 2017. Its down 0.15, from 0.85 in 2017Q3. It is negative, as 42 investors sold National Oilwell Varco, Inc. shares while 209 reduced holdings. 52 funds opened positions while 124 raised stakes. 349.52 million shares or 0.22% more from 348.73 million shares in 2017Q3 were reported. Virginia Retirement System Et Al owns 0% invested in National Oilwell Varco, Inc. (NYSE:NOV) for 6,430 shares. Select Equity Group Inc L P accumulated 1.24M shares. Northwestern Mutual Wealth accumulated 656 shares or 0% of the stock. 29,694 are owned by Old Mutual Customised Solutions (Proprietary). Enterprise Financial Corporation owns 3 shares. Synovus Financial holds 8,453 shares or 0.01% of its portfolio. 134,498 were reported by Valueworks. Bb&T Secs Llc holds 0.01% or 26,706 shares. Speece Thorson Group holds 523,838 shares. Daiwa Grp Inc holds 0.03% of its portfolio in National Oilwell Varco, Inc. (NYSE:NOV) for 120,539 shares. Whittier Trust Of Nevada holds 0% or 106 shares. Alliancebernstein Ltd Partnership has 1.11M shares. Sei Investments Company owns 632,042 shares or 0.08% of their US portfolio. Amalgamated Commercial Bank holds 0.05% or 47,908 shares. State Board Of Administration Of Florida Retirement Systems holds 0.05% or 568,319 shares in its portfolio.

Investors sentiment decreased to 0.99 in 2017 Q4. Its down 0.42, from 1.41 in 2017Q3. It worsened, as 34 investors sold 3D Systems Corporation shares while 50 reduced holdings. 28 funds opened positions while 55 raised stakes. 71.68 million shares or 7.28% more from 66.82 million shares in 2017Q3 were reported. Peoples Financial Ser has invested 0.01% in 3D Systems Corporation (NYSE:DDD). Gmt Corporation invested in 0.04% or 241,300 shares. Moreover, Guggenheim Ltd Co has 0% invested in 3D Systems Corporation (NYSE:DDD). Winfield Associates invested 0% in 3D Systems Corporation (NYSE:DDD). New York-based Metropolitan Life Co Ny has invested 0.01% in 3D Systems Corporation (NYSE:DDD). Price T Rowe Md reported 44,058 shares. Pitcairn holds 25,183 shares. Royal Fincl Bank Of Canada invested in 0% or 262,794 shares. The Kansas-based Creative Planning has invested 0% in 3D Systems Corporation (NYSE:DDD). Susquehanna Llp owns 38,813 shares. First Manhattan Co has invested 0% in 3D Systems Corporation (NYSE:DDD). Aqr Capital Mngmt Lc holds 0% of its portfolio in 3D Systems Corporation (NYSE:DDD) for 29,335 shares. Clearbridge Ltd Liability Corp owns 100 shares for 0% of their portfolio. Proshare Advsr Limited Liability Corp holds 30,837 shares. Brown Advisory stated it has 37,723 shares or 0% of all its holdings.

3D Systems Corporation, through its subsidiaries, provides 3D printing services and products worldwide. The company has market cap of $1.37 billion. The companyÂ’s 3D printers transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts using a range of print materials, including plastic, nylon, metal, composite, elastomeric, wax, polymeric dental materials, and Class IV bio-compatible materials. It currently has negative earnings. It offers various 3D printing technologies, such as stereolithography, selective laser sintering, direct metal printing, multijet printing, and colorjet printing.

Among 19 analysts covering 3D Systems Corporation (NYSE:DDD), 2 have Buy rating, 6 Sell and 11 Hold. Therefore 11% are positive. 3D Systems Corporation had 68 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Hold” rating by Canaccord Genuity on Monday, January 18. JP Morgan downgraded 3D Systems Corporation (NYSE:DDD) on Friday, February 9 to “Underweight” rating. Longbow upgraded the stock to “Neutral” rating in Wednesday, July 29 report. The firm earned “Buy” rating on Wednesday, November 1 by Gabelli. Pacific Crest maintained 3D Systems Corporation (NYSE:DDD) on Monday, August 10 with “Equal Weight” rating. As per Friday, March 16, the company rating was maintained by Susquehanna. The company was maintained on Thursday, August 4 by Jefferies. UBS maintained it with “Sell” rating and $6 target in Tuesday, January 26 report. As per Friday, October 13, the company rating was maintained by Piper Jaffray. As per Tuesday, October 3, the company rating was maintained by Jefferies.

More recent 3D Systems Corporation (NYSE:DDD) news were published by: Seekingalpha.com which released: “3D printing stocks drop after Stratasys earnings miss” on May 02, 2018. Also Streetinsider.com published the news titled: “3D Systems (DDD) Partners with Huntington Ingalls Industries for US Navy Shipbuilding” on May 10, 2018. Globenewswire.com‘s news article titled: “3D Systems Reports First Quarter 2018 Financial Results” with publication date: May 02, 2018 was also an interesting one.

National Oilwell Varco, Inc. (NYSE:NOV) Institutional Positions Chart

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