Seeking Alpha


Send Message
View as an RSS Feed
Latest  |  Highest rated
  • Four 3D Systems (DDD) insiders sold nearly 1.3M shares between them yesterday, according to fresh SEC filings. CEO Abraham Reichental sold 400K shares, director Walter Loewenbaum sold 800K, CFO Joe Gregoire sold 45K, and director Jim Kever sold 38K. Co-founder/CTO Charles Hull, 73, sold 500K shares in March. DDD -1% AH after falling 4.4% in regular trading thanks to William Blair's downgrade. Update: The sales are tied to 3D's recent stock offering[View news story]
    Buying is generally more indicative of insiders future beliefs about the company; selling is more difficult as insiders raise cash for many reasons besides the future prospects for the company, especially if these were options being excercised.... Does anyone know or suspect reasons for sale?
    May 16 11:54 PM | Likes Like |Link to Comment
1 Comment