Editor’s Note: Related tickers: 3D Systems Corporation (NYSE:DDD), Stratasys, Ltd. (NASDAQ:SSYS), ExOne Co (NASDAQ:XONE), Proto Labs Inc (NYSE:PRLB), iShares NASDAQ Biotechnology Index (ETF) (NASDAQ:IBB), Avery Dennison Corp (NYSE:AVY)
3D Systems Delivers on 3D Printing Acquisition Promise (247WallSt)
When 3D Systems Corporation (NYSE:DDD) raised capital, the company signaled that it was going to make an acquisition in the 3D printing space. We now know that 1) the company was telling the truth and 2) which company 3D Systems is buying. News broke on Wednesday morning that 3D Systems was acquiring about 80% of Phenix Systems, a provider of Direct Metal Selective Laser Sintering 3D Printers. What is interesting here is that 3D Systems Corporation (NYSE:DDD) said specifically that this acquisition should be accretive to the company’s non-GAAP earnings in the first full year following the completion of transaction.
3D Printing Stocks See Mixed Interest from Short Sellers (247WallSt)
We have tracked the key short interest changes as of May 31 in the following 3D printer and services companies: 3D Systems Corporation (NYSE:DDD), Stratasys, Ltd. (NASDAQ:SSYS), The ExOne Co (NASDAQ:XONE) and Proto Labs Inc (NYSE:PRLB). Short interest in 3D Systems fell 9.4% to 23.42 million shares. Some 25% of the company’s stock is short. Short interest in Proto Labs Inc (NYSE:PRLB) rose 14.4% to 2.03 million shares, or 10.6% of the company’s float. Stratasys, Ltd. (NASDAQ:SSYS) saw short interest fall by 12.3% in the last two weeks of May to 3.19 million shares, or about 11.6% of the company’s float. Short interest in ExOne Co (NASDAQ:XONE) rose by 5.2% to 2.2 million shares. About 32.5% of the company’s shares are now held short.
3D Systems (DDD) Will Display Geomagic Solutions Tools at RAPID 2013 (StreetInsider)
3D Systems Corporation (NYSE:DDD) announced that its 3D authoring software tools from Geomagic Solutions will be on display along with its personal and professional 3D printers at the RAPID 2013 event. This exhibition and conference will be held in Pittsburgh, Pa., June 10 – 13, 2013, at the David L. Lawrence Convention Center with 3D Systems located in booth #427. Visitors will experience hands-on workflows that take 3D scans into intuitive CAD and voxel modeling software tools that ensure 3D Systems Corporation (NYSE:DDD) printability.
Why 3D Systems Will Revolutionize Manufacturing (TheStreet)
I’m hanging tough with my holdings in 3D Systems Corporation (NYSE:DDD) and the iShares NASDAQ Biotechnology Index (ETF) (NASDAQ:IBB). My reasons are pretty straightforward. I personally believe 3D-printing is going to revolutionize manufacturing on Earth. We’ve only seen the beginning. This specific company is the leader in the field. There’s nothing blue sky about it. The company turns a profit, and I believe will soon even pay a small dividend. The market is absurdly manic-depressive in its appraisal of this equity. I have no idea what’s going to happen to this stock over the short-term… nor does anybody else. Over the long-term, though, it’s the best bet I know, and that’s why I’m loaded up with it.
3D Systems Moves Up In Market Cap Rank, Passing Avery Dennison (Forbes)
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component 3D Systems Corporation (NYSE:DDD) was identified as having a larger market cap than the smaller end of the S&P 500, for example Avery Dennison Corp (NYSE:AVY), according to The Online Investor. Click here to find out the top S&P 500 components ordered by average analyst rating » Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company’s stock.