Xometry, Inc. (NASDAQ:XMTR) COO Sells $354,600.00 in Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 12,000 shares of the firm’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $29.55, for a total value of $354,600.00. Following the completion of the transaction, the chief operating officer now owns 180,419 shares in the company, valued at approximately $5,331,381.45. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• 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 value of $160,000.00.
• On Thursday, October 3rd, Peter Goguen sold 940 shares of Xometry stock. The stock was sold at an average price of $17.22, for a total value of $16,186.80.

Xometry Stock Down 2.6 %

Shares of NASDAQ XMTR traded down $0.84 during mid-day trading on Tuesday, reaching $31.34. The company had a trading volume of 347,740 shares, compared to its average volume of 605,142. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.60 and a current ratio of 4.59. Xometry, Inc. has a twelve month low of $11.08 and a twelve month high of $38.74. The stock’s 50 day moving average is $20.02 and its 200-day moving average is $16.95. The stock has a market capitalization of $1.54 billion, a PE ratio of -30.10 and a beta of 0.55.

Institutional Trading of Xometry

Several institutional investors and hedge funds have recently bought and sold shares of the stock. State Board of Administration of Florida Retirement System boosted its stake in shares of Xometry by 22.1% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 11,840 shares of the company’s stock worth $200,000 after buying an additional 2,140 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Xometry by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 3,877,346 shares of the company’s stock worth $65,488,000 after acquiring an additional 76,976 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc bought a new stake in Xometry in the 1st quarter valued at $169,000. Clearbridge Investments LLC boosted its stake in shares of Xometry by 20.7% during the 1st quarter. Clearbridge Investments LLC now owns 1,270,631 shares of the company’s stock worth $21,461,000 after purchasing an additional 217,939 shares during the period. Finally, Sylebra Capital LLC raised its holdings in shares of Xometry by 1,005.3% in the 1st quarter. Sylebra Capital LLC now owns 644,262 shares of the company’s stock valued at $10,882,000 after purchasing an additional 585,971 shares in the last quarter. Institutional investors own 97.31% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on XMTR. Cantor Fitzgerald reiterated an “underweight” rating and set a $12.00 price target on shares of Xometry in a report on Wednesday, November 6th. Royal Bank of Canada increased their price objective on shares of Xometry from $23.00 to $27.00 and gave the company a “sector perform” rating in a research report on Wednesday, November 6th. Craig Hallum lifted their price objective on shares of Xometry from $20.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Citigroup boosted their target price on shares of Xometry from $25.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Finally, The Goldman Sachs Group upped their target price on shares of Xometry from $24.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $26.29.

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.