Xometry, Inc. (NASDAQ:XMTR) Director Emily Rollins Sells 10,041 Shares

Xometry, Inc. (NASDAQ:XMTR) Director Emily Rollins sold 10,041 shares of the stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $30.70, for a total transaction of $308,258.70. Following the completion of the transaction, the director now owns 11,105 shares in the company, valued at $340,923.50. This represents a 47.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Emily Rollins also recently made the following trade(s):

• On Monday, April 7th, Emily Rollins sold 2,000 shares of Xometry stock. The shares were sold at an average price of $20.66, for a total transaction of $41,320.00.

Xometry Trading Down 0.3 %

Shares of XMTR stock opened at $30.49 on Friday. The company has a market capitalization of $1.53 billion, a P/E ratio of -29.04 and a beta of 0.71. The company has a current ratio of 4.59, a quick ratio of 4.55 and a debt-to-equity ratio of 0.90. The business’s 50 day moving average is $24.60 and its two-hundred day moving average is $30.12. Xometry, Inc. has a twelve month low of $11.08 and a twelve month high of $45.33.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on XMTR shares. JPMorgan Chase & Co. reduced their price target on shares of Xometry from $45.00 to $30.00 and set an “overweight” rating for the company in a research report on Tuesday, April 22nd. JMP Securities reissued a “market outperform” rating and issued a $42.00 target price on shares of Xometry in a report on Monday, February 10th. The Goldman Sachs Group raised their price target on Xometry from $30.00 to $33.00 and gave the stock a “buy” rating in a research note on Thursday. Citigroup reduced their price objective on Xometry from $46.00 to $39.00 and set a “buy” rating for the company in a research note on Thursday, February 27th. Finally, Cantor Fitzgerald increased their price objective on Xometry from $20.00 to $21.00 and gave the company an “underweight” rating in a report on Wednesday. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.89.

Institutional Investors Weigh In On Xometry

Several hedge funds have recently modified their holdings of XMTR. Barclays PLC lifted its stake in shares of Xometry by 360.9% in the 3rd quarter. Barclays PLC now owns 68,951 shares of the company’s stock worth $1,266,000 after acquiring an additional 53,991 shares during the period. Franklin Resources Inc. raised its holdings in Xometry by 32.9% during the third quarter. Franklin Resources Inc. now owns 38,881 shares of the company’s stock worth $731,000 after purchasing an additional 9,625 shares in the last quarter. SG Americas Securities LLC lifted its position in Xometry by 67.5% in the fourth quarter. SG Americas Securities LLC now owns 13,938 shares of the company’s stock valued at $595,000 after purchasing an additional 5,616 shares during the period. Caprock Group LLC purchased a new stake in Xometry in the 4th quarter valued at approximately $274,000. Finally, Allspring Global Investments Holdings LLC increased its position in Xometry by 1.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 219,075 shares of the company’s stock worth $9,120,000 after purchasing an additional 2,375 shares during the period. 97.31% of the stock is owned by institutional investors and hedge funds.

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.