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

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $35.57, for a total value of $106,710.00. Following the completion of the transaction, the chief operating officer now owns 161,993 shares of the company’s stock, valued at approximately $5,762,091.01. The trade was a 1.82 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Wednesday, January 15th, Peter Goguen sold 3,000 shares of Xometry stock. The stock was sold at an average price of $34.50, for a total value 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 shares were sold at an average price of $40.08, for a total transaction of $39,518.88.

Xometry Price Performance

Shares of NASDAQ:XMTR opened at $37.45 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.55 and a current ratio of 4.59. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of -35.67 and a beta of 0.65. The business has a 50-day simple moving average of $36.89 and a two-hundred day simple moving average of $26.82. Xometry, Inc. has a fifty-two week low of $11.08 and a fifty-two week high of $45.33.

Analyst Ratings Changes

A number of brokerages have weighed in on XMTR. Citigroup upped their price objective on shares of Xometry from $25.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. UBS Group raised their price objective on Xometry from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. JPMorgan Chase & Co. raised Xometry from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $25.00 to $45.00 in a report on Wednesday, December 18th. Craig Hallum raised their price target on Xometry from $20.00 to $30.00 and gave the company a “buy” rating in a 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 note on Friday, January 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $33.33.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Global Retirement Partners LLC bought a new stake in Xometry in the 4th quarter worth approximately $27,000. Canada Pension Plan Investment Board bought a new stake in shares of Xometry in the fourth quarter worth $38,000. Comerica Bank increased its position in Xometry by 195.1% during the fourth quarter. Comerica Bank now owns 1,133 shares of the company’s stock valued at $48,000 after acquiring an additional 749 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in Xometry during the fourth quarter valued at $73,000. Finally, US Bancorp DE boosted its position in 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 during the last quarter. 97.31% of the stock is owned by hedge funds and other institutional investors.

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.