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ExOne (NASDAQ:XONE) traded down 2.3% during trading on Monday after an insider sold shares in the company, AR Network reports. The company traded as low as $26.88 and last traded at $26.97, with a volume of 364,954 shares traded. The stock had previously closed at $27.61.

Specifically, major shareholder Century Ventures Ltd Novel unloaded 172,881 shares of ExOne stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $29.18, for a total transaction of $5,044,667.58. The sale was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

XONE has been the subject of a number of recent research reports. Analysts at Credit Suisse reiterated an “underperform” rating on shares of ExOne in a research note on Friday. They now have a $21.00 price target on the stock, down previously from $25.00. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of ExOne in a research note on Friday. They now have a $30.00 price target on the stock, down previously from $32.00. Finally, analysts at FBR Capital Markets initiated coverage on shares of ExOne in a research note on Friday. They set an “outperform” rating and a $45.00 price target on the stock. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $38.79.

The stock’s 50-day moving average is $34.28 and its 200-day moving average is $35.52. The company’s market cap is $389.6 million.

ExOne (NASDAQ:XONE) last announced its earnings results on Wednesday, August 13th. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by $0.18. The company had revenue of $11.20 million for the quarter, compared to the consensus estimate of $12.11 million. On average, analysts predict that ExOne will post $-0.71 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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