Xometry, Inc. (NASDAQ:XMTR) COO Sells $106,710.00 in Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 3,000 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $35.57, for a total transaction of $106,710.00. Following the sale, the chief operating officer now directly owns 161,993 shares of the company’s stock, valued at $5,762,091.01. This represents a 1.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Peter Goguen also recently made the following trade(s):

• On Wednesday, January 15th, Peter Goguen sold 3,000 shares of Xometry stock. The shares were sold at an average price of $34.50, for a total transaction of $103,500.00.
• On Friday, January 3rd, Peter Goguen sold 940 shares of Xometry stock. The stock was sold at an average price of $42.36, for a total transaction of $39,818.40.
• On Wednesday, December 18th, Peter Goguen sold 986 shares of Xometry stock. The stock was sold at an average price of $40.08, for a total transaction of $39,518.88.

Xometry Stock Performance

NASDAQ:XMTR opened at $38.38 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.59 and a quick ratio of 4.55. The firm has a 50-day moving average of $36.78 and a two-hundred day moving average of $26.66. The stock has a market cap of $1.90 billion, a P/E ratio of -36.55 and a beta of 0.65. Xometry, Inc. has a 1-year low of $11.08 and a 1-year high of $45.33.

Analyst Ratings Changes

A number of brokerages recently weighed in on XMTR. JMP Securities reaffirmed a “market outperform” rating and set a $42.00 price target on shares of Xometry in a research report on Monday. Cantor Fitzgerald reaffirmed an “underweight” rating and set a $12.00 price target on shares of Xometry in a research report on Wednesday, November 6th. Wedbush reaffirmed an “outperform” rating and set a $48.00 price target on shares of Xometry in a research report on Friday, December 20th. Craig Hallum upped their price target on shares of Xometry from $20.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Finally, Royal Bank of Canada upped their price target on shares of Xometry from $27.00 to $40.00 and gave the stock a “sector perform” rating in a research report on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.33.

Institutional Investors Weigh In On Xometry

A number of institutional investors have recently modified their holdings of the stock. Primecap Management Co. CA raised its stake in shares of Xometry by 1.7% in the 3rd quarter. Primecap Management Co. CA now owns 6,918,252 shares of the company’s stock valued at $127,088,000 after purchasing an additional 113,264 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Xometry by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 4,293,272 shares of the company’s stock valued at $183,151,000 after purchasing an additional 86,997 shares in the last quarter. FMR LLC raised its stake in shares of Xometry by 40.2% in the 3rd quarter. FMR LLC now owns 4,078,462 shares of the company’s stock valued at $74,921,000 after purchasing an additional 1,169,778 shares in the last quarter. Fred Alger Management LLC raised its stake in shares of Xometry by 20.8% in the 3rd quarter. Fred Alger Management LLC now owns 1,815,696 shares of the company’s stock valued at $33,354,000 after purchasing an additional 312,971 shares in the last quarter. Finally, Sylebra Capital LLC raised its stake in shares of Xometry by 19.1% in the 3rd quarter. Sylebra Capital LLC now owns 1,796,867 shares of the company’s stock valued at $33,008,000 after purchasing an additional 288,151 shares in the last quarter. Institutional investors and hedge funds own 97.31% of the company’s stock.

About Xometry

Xometry, Inc operates an online marketplace that enables buyers to source custom-manufactured parts and assemblies in the United States and internationally. It provides computer numerical control manufacturing, sheet metal forming, and sheet cutting; 3D printing, including fused deposition modeling, direct metal laser sintering, PolyJet, stereolithography, selective laser sintering, binder jetting, carbon digital light synthesis, multi jet fusion, and lubricant sublayer photo-curing; and die casting, stamping, injection molding, urethane casting, tube cutting, and tube bending, as well as finishing services, rapid prototyping, and high-volume production services.