Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen Sells 986 Shares

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 986 shares of Xometry stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $40.08, for a total value of $39,518.88. Following the transaction, the chief operating officer now owns 168,933 shares of the company’s stock, valued at $6,770,834.64. The trade was a 0.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through 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 stock was sold at an average price of $32.00, for a total value 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 value of $354,600.00.
• 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 transaction of $16,186.80.

Xometry Trading Down 0.6 %

Shares of Xometry stock opened at $36.60 on Friday. The firm’s 50-day moving average price is $27.98 and its two-hundred day moving average price is $20.04. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of -34.86 and a beta of 0.83. The company has a quick ratio of 4.55, a current ratio of 4.59 and a debt-to-equity ratio of 0.90. Xometry, Inc. has a 12-month low of $11.08 and a 12-month high of $41.43.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on XMTR shares. Royal Bank of Canada raised their price objective on shares of Xometry from $23.00 to $27.00 and gave the stock a “sector perform” rating in a research report on Wednesday, November 6th. Cantor Fitzgerald reissued an “underweight” rating and set a $12.00 price target on shares of Xometry in a report on Wednesday, November 6th. UBS Group increased their price objective on Xometry from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Craig Hallum boosted their target price on shares of Xometry from $20.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $42.00 price target on shares of Xometry in a research report on Monday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Xometry currently has an average rating of “Moderate Buy” and an average price target of $31.89.

Institutional Trading of Xometry

Several large investors have recently made changes to their positions in the company. nVerses Capital LLC bought a new position in shares of Xometry in the 2nd quarter valued at $38,000. ProShare Advisors LLC bought a new position in Xometry in the second quarter valued at about $53,000. Point72 Asset Management L.P. acquired a new position in Xometry during the second quarter worth about $55,000. US Bancorp DE lifted its holdings 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 acquiring an additional 2,037 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in shares of Xometry in the 2nd quarter valued at approximately $129,000. Institutional investors and hedge funds own 97.31% of the company’s stock.

Xometry Company Profile

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.