Wells Fargo & Company MN continued to hold its stake in The ExOne Company (NASDAQ:XONE) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,864 shares of the industrial products company’s stock at the close of the second quarter. Wells Fargo & Company MN owned 0.10% of The ExOne worth $193,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Essex Investment Management Co. LLC boosted its stake in The ExOne by 83.9% during the 2nd quarter. Essex Investment Management Co. LLC now owns 149,452 shares of the industrial products company’s stock valued at $1,711,000 after purchasing an additional 68,187 shares in the last quarter. Banque Pictet & Cie SA bought a new position in The ExOne during the 2nd quarter valued at $229,000. SG Americas Securities LLC bought a new position in The ExOne during the 2nd quarter valued at $224,000. Finally, KCG Holdings Inc. bought a new position in The ExOne during the 1st quarter valued at $181,000. 31.29% of the stock is owned by hedge funds and other institutional investors.

Shares of The ExOne Company (XONE) opened at $11.76 on Thursday. The ExOne Company has a 52-week low of $6.72 and a 52-week high of $14.43. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.62 and a current ratio of 2.60.

The ExOne (NASDAQ:XONE) last announced its quarterly earnings data on Thursday, November 9th. The industrial products company reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.13). The ExOne had a negative net margin of 39.52% and a negative return on equity of 25.42%. The company had revenue of $15.89 million for the quarter, compared to analyst estimates of $16.05 million. During the same quarter last year, the company posted ($0.23) EPS. The ExOne’s revenue was up 22.3% on a year-over-year basis. analysts predict that The ExOne Company will post -1.12 earnings per share for the current fiscal year.

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A number of equities analysts have issued reports on the company. Canaccord Genuity Group Inc. raised The ExOne from a “hold” rating to a “buy” rating and increased their price target for the company from $9.50 to $13.00 in a research note on Wednesday, November 15th. Canaccord Genuity raised The ExOne from a “hold” rating to a “buy” rating and increased their price target for the company from $9.50 to $13.00 in a research note on Monday, November 13th. ValuEngine downgraded The ExOne from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. Zacks Investment Research downgraded The ExOne from a “hold” rating to a “sell” rating in a research report on Tuesday, September 26th. Finally, B. Riley reiterated a “buy” rating on shares of The ExOne in a research report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $13.67.

In other news, Director John Irvin sold 3,606 shares of the stock in a transaction on Monday, November 20th. The stock was sold at an average price of $11.54, for a total transaction of $41,613.24. Following the completion of the sale, the director now owns 154,300 shares in the company, valued at approximately $1,780,622. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 31.60% of the stock is currently owned by corporate insiders.

About The ExOne

The ExOne Company is a provider of three dimensional (3D) printing machines and 3D printed and other products, materials and services to industrial customers. The Company’s business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its installed base of 3D printing machines.

Institutional Ownership by Quarter for The ExOne (NASDAQ:XONE)

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