Desktop Metal
About: Desktop Metal Inc manufactures 3D printing to make metal and carbon fiber 3D printing accessible to all engineers, designers, and manufacturers. 3D metal printing helps in the design and development of automotive parts, consumer goods, manufacture of industrial equipment, and design of mechanical systems. The company ships its product to markets in the Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC). It derives maximum revenue from Americas.
Employees: 950
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
1.17% more ownership
Funds ownership: 28.71% [Q3] → 29.88% (+1.17%) [Q4]
2% less funds holding
Funds holding: 91 [Q3] → 89 (-2) [Q4]
44% less capital invested
Capital invested by funds: $42M [Q3] → $23.3M (-$18.7M) [Q4]
55% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 29
77% less call options, than puts
Call options by funds: $1.36M | Put options by funds: $5.82M
Research analyst outlook
We haven’t received any recent analyst ratings for DM.
Financial journalist opinion
Neutral
Business Wire
1 day ago
Desktop Metal Announces Trial Date in Lawsuit Against Nano Dimension
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that the Delaware Court of Chancery has set trial dates of March 11-12, 2025 in Desktop Metal's pending litigation against Nano Dimension Ltd. (“Nano Dimension”) regarding the merger agreement between the parties dated July 2, 2024 (the “Merger Agreement”). The Court granted Desktop Metal's motion to expedite proceedings at a hearing in December 2024, finding that expedition was warranted to add.
Neutral
Business Wire
1 month ago
Delaware Court of Chancery Grants Desktop Metal's Motion for an Expedited Trial; Trial to be Set for February; Desktop Metal Files Second Lawsuit Against Nano Dimension for Breach of Merger Agreement
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that at a hearing held in the Delaware Court of Chancery on December 30, 2024, the Court granted Desktop Metal's motion for an expedited trial in the lawsuit Desktop Metal filed on December 16, 2024 against Nano Dimension Ltd. (“Nano Dimension”). In the lawsuit, Desktop Metal alleged that Nano Dimension has breached its obligation under the merger agreement between Desktop Metal and Nano Dimensi.
Neutral
Business Wire
2 months ago
Desktop Metal Files Lawsuit Against Nano Dimension for Breach of Merger Agreement
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that it has filed a lawsuit against Nano Dimension Ltd. (“Nano Dimension”) in the Delaware Court of Chancery (the “Court”), alleging that Nano Dimension has breached its obligation to use reasonable best efforts to obtain regulatory approval as soon as practicable in connection with the merger agreement between the parties (the “Merger Agreement”). The Court has scheduled an expedited hearing on.
Positive
Market Watch
4 months ago
Nano Dimension moves closer to closing Desktop Metal deal after shareholder vote
The proposed merger of 3-D printing companies Nano Dimension Ltd. and Desktop metal Inc. moved closer to completion on Thursday, after Desktop Metal shareholders voted to approve the deal.
Neutral
Business Wire
4 months ago
Desktop Metal Stockholders Approve Merger with Nano Dimension
WALTHAM, Mass.--(BUSINESS WIRE)-- #3Dprinting--Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”) and Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal” or “DM”) today jointly announced that, at a special meeting, Desktop Metal stockholders approved the merger agreement pursuant to which Desktop Metal would be acquired by Nano Dimension. Of approximately 33 million outstanding DM shares, 60% were voted in favor of the approval of the merger agreement between Desktop Metal and Nano Dimension. Out of the total.
Neutral
Business Wire
4 months ago
Nano Dimension Acquisition of Desktop Metal Receives Support from Leading Proxy Advisory Firm - ISS
WALTHAM, Mass.--(BUSINESS WIRE)-- #3Dprinting--Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or “Nano”) and Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal” or “DM”) today jointly announced that Institutional Shareholder Services (“ISS”), a leading proxy advisory firm, has recommended that Desktop Metal shareholders vote to support the merger agreement and other deal related proposals. On the major agenda item, “Item 1. Approve Merger Agreement”, ISS wrote: “The sales process suggests the offer is like.
Neutral
Business Wire
5 months ago
Desktop Metal Qualifies Continuum's Recycled Superalloy for Use on its Metal Binder Jet 3D Printers
BOSTON & HOUSTON--(BUSINESS WIRE)-- #3Dprinting--Continuum's 100% re-atomized Mar-M247 powder is now qualified for use on Desktop Metal's X25Pro binder jet 3D printer platform.
Neutral
Business Wire
5 months ago
Desktop Metal's Transformative Metal Manufacturing Technologies to be Showcased at IMTS 2024
BOSTON--(BUSINESS WIRE)-- #3Dprinting--The Figur G-15 delivers on-demand sheet metal forming without unique tools and dies. This system will be producing parts live at IMTS 2024 in Chicago.
Neutral
Business Wire
5 months ago
Desktop Health® Announces Flexcera® Family Resins Validated for LuxCreo 3D Printers
BOSTON--(BUSINESS WIRE)--Desktop Health, the trusted production-grade dental 3D printing brand of Desktop Metal, Inc. (NYSE: DM), is proud to announce that Flexcera family resins are now qualified for use with LuxCreo 3D printers. Flexcera dental resins are FDA (510)k cleared, MDR certified, and CE marked for 3D printed restoratives, such as provisional implant supported dentures, veneers, crowns, bridges, inlays and onlays, cosmetic snap-on smiles, and removables such as full and partial dentu.
Neutral
PRNewsWire
5 months ago
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Looming Vote on October 2, 2024, of Desktop Metal, Inc. - DM
NEW YORK , Aug. 29, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Desktop Metal, Inc. (NYSE: DM ), relating to its proposed merger with Nano Dimension Ltd.
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