Xometry, Inc. (NASDAQ:XMTR – Get Free Report) CEO Randolph Altschuler sold 27,566 shares of the firm’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $26.60, for a total transaction of $733,255.60. Following the transaction, the chief executive officer now directly owns 256,570 shares in the company, valued at $6,824,762. This trade represents a 9.70 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Xometry Stock Down 0.9 %
XMTR stock opened at $25.03 on Wednesday. The firm has a 50 day moving average of $35.42 and a 200 day moving average of $28.33. The stock has a market capitalization of $1.24 billion, a PE ratio of -23.84 and a beta of 0.65. 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 52 week low of $11.08 and a 52 week high of $45.33.
Institutional Trading of Xometry
A number of institutional investors have recently bought and sold shares of XMTR. US Bancorp DE boosted its stake in Xometry by 57.7% in the 3rd 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. ARK Investment Management LLC lifted its stake in Xometry by 7.2% during the 3rd quarter. ARK Investment Management LLC now owns 284,134 shares of the company’s stock valued at $5,220,000 after acquiring an additional 19,197 shares during the period. Versor Investments LP acquired a new stake in Xometry during the 3rd quarter valued at approximately $411,000. GSA Capital Partners LLP acquired a new stake in Xometry during the 3rd quarter valued at approximately $1,069,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Xometry during the 3rd quarter valued at approximately $355,000. 97.31% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on Xometry
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.
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