Peter Goguen Sells 940 Shares of Xometry, Inc. (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 940 shares of the firm’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $42.36, for a total transaction of $39,818.40. Following the completion of the transaction, the chief operating officer now directly owns 167,993 shares in the company, valued at $7,116,183.48. This trade represents a 0.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Wednesday, December 18th, Peter Goguen sold 986 shares of Xometry stock. The shares were sold at an average price of $40.08, for a total transaction of $39,518.88.
• On Monday, November 11th, Peter Goguen sold 5,000 shares of Xometry stock. The shares were sold at an average price of $32.00, for a total transaction of $160,000.00.
• On Thursday, November 7th, Peter Goguen sold 12,000 shares of Xometry stock. The shares were sold at an average price of $29.55, for a total transaction of $354,600.00.

Xometry Stock Performance

Shares of XMTR traded down $1.20 during trading hours on Monday, hitting $42.00. The company’s stock had a trading volume of 721,689 shares, compared to its average volume of 697,996. The company has a market cap of $2.08 billion, a price-to-earnings ratio of -40.00 and a beta of 0.70. 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 business has a 50 day simple moving average of $33.09 and a two-hundred day simple moving average of $22.39. Xometry, Inc. has a 52-week low of $11.08 and a 52-week high of $45.33.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Citigroup raised their price target on shares of Xometry from $25.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Royal Bank of Canada raised their price target on shares of Xometry from $27.00 to $40.00 and gave the company a “sector perform” rating in a research report on Friday. UBS Group raised their price target on shares of Xometry from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. JMP Securities restated a “market outperform” rating and set a $42.00 price objective on shares of Xometry in a report on Monday, December 16th. Finally, Craig Hallum raised their price objective on shares of Xometry from $20.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, Xometry currently has an average rating of “Moderate Buy” and an average price target of $33.33.

Hedge Funds Weigh In On Xometry

Several large investors have recently modified their holdings of the business. Raymond James & Associates increased its stake in shares of Xometry by 0.6% in the third quarter. Raymond James & Associates now owns 287,986 shares of the company’s stock worth $5,290,000 after purchasing an additional 1,586 shares in the last quarter. Sei Investments Co. increased its stake in shares of Xometry by 0.8% in the second quarter. Sei Investments Co. now owns 214,048 shares of the company’s stock worth $2,474,000 after purchasing an additional 1,708 shares in the last quarter. US Bancorp DE increased its stake in shares of Xometry by 57.7% in the third quarter. US Bancorp DE now owns 5,570 shares of the company’s stock worth $102,000 after purchasing an additional 2,037 shares in the last quarter. State Street Corp increased its stake in shares of Xometry by 0.3% in the third quarter. State Street Corp now owns 887,139 shares of the company’s stock worth $16,297,000 after purchasing an additional 3,027 shares in the last quarter. Finally, Rhumbline Advisers increased its stake in shares of Xometry by 6.8% in the second quarter. Rhumbline Advisers now owns 58,002 shares of the company’s stock worth $670,000 after purchasing an additional 3,690 shares in the last quarter. Hedge funds and other institutional investors 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.