3D Systems (DDD) Lower Amid Another Insider Sale

March 15, 2013 2:49 PM EDT
3D Systems (NYSE: DDD) shares are seeing a little more pressure today as another insider disclosed making a sale.

In a Form 4 filed with the U.S. SEC Thursday night, Chairman G. Walter Loewenbaum disclosed selling 15,000 shares on March 13, 2013. The stock was sold for $32.20 for gross proceeds of $483,000. Following the sale, Loewenbaum still holds a hefty 1,599,000 shares.

The sale comes just a few days following co-Founder, EVP, Chief Technology Officer Charles Hull selling 500,000 shares. Those were held by the Charles William Hull and Charlene Antoinette Hull 1992 Revocable Living Trust while Loewenbaum's sales were from directly-held shares.

3D Systems is off about 6 percent Friday.

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