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Stock Traders Buy High Volume of 3D Systems Put Options (NYSE:DDD)

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3D Systems logo 3D Systems Co. (NYSE:DDD) was the recipient of some unusual options trading activity on Tuesday.

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Traders bought 7,451 put options on the stock. This represents an increase of approximately 954% compared to the typical daily volume of 707 put options. A number of analysts have recently issued reports on DDD shares. Berenberg Bank started coverage on shares of 3D Systems in a research note on Friday, October 9th. They set a “buy” rating and a $8.00 price objective on the stock. Zacks Investment Research lowered shares of 3D Systems from a “buy” rating to a “hold” rating and set a $11.00 price objective on the stock. in a research note on Tuesday, December 15th. BidaskClub lowered shares of 3D Systems from a “buy” rating to a “hold” rating in a research note on Wednesday. William Blair upgraded shares of 3D Systems from an “underperform” rating to a “market perform” rating in a research note on Tuesday, November 10th. Finally, ValuEngine lowered shares of 3D Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, December 1st. One research analyst has rated the stock with a sell rating, eight have assigned a […]

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