Insider Selling: The ExOne Company COO Unloads 60,000 Shares of Stock (XONE)
The ExOne Company (NASDAQ:XONE) COO David Burns sold 60,000 shares of the company’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $59.06, for a total value of $3,543,600.00. Following the completion of the sale, the chief operating officer now directly owns 259,000 shares of the company’s stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
XONE has been the subject of a number of recent research reports. Analysts at BB&T Corp. downgraded shares of The ExOne Company (NASDAQ:XONE) from a “buy” rating to a “hold” rating in a research note to investors on Monday, July 15th. Analysts at FBR Capital Markets reiterated an “outperform” rating on shares of The ExOne Company (NASDAQ:XONE) in a research note to investors on Thursday, June 13th. They now have a $50.00 price target on the stock.
The ExOne Company (NASDAQ:XONE) traded down 0.10% during mid-day trading on Wednesday, hitting $62.64. The stock had a trading volume of 985,719 shares. The ExOne Company has a 1-year low of $23.50 and a 1-year high of $78.80. The stock has a 50-day moving average of $66.43 and a 200-day moving average of $48.5. The company’s market cap is $831.9 million.
The ExOne Company (NASDAQ:XONE) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($0.08) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.06) by $0.02. The company had revenue of $9.20 million for the quarter, compared to the consensus estimate of $9.33 million. The company’s quarterly revenue was up 97.2% on a year-over-year basis. On average, analysts predict that The ExOne Company will post $-0.04 earnings per share for the current fiscal year.
The ExOne Company is provider of three-dimensional (NASDAQ:XONE) printing machines and printed products to industrial customers.
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