Zweig DiMenna Associates LLC acquired a new position in shares of Xometry, Inc. (NASDAQ:XMTR – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 47,500 shares of the company’s stock, valued at approximately $1,605,000. Zweig DiMenna Associates LLC owned approximately 0.09% of Xometry at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of XMTR. Corebridge Financial Inc. lifted its stake in shares of Xometry by 1.6% in the first quarter. Corebridge Financial Inc. now owns 21,481 shares of the company’s stock worth $535,000 after buying an additional 348 shares in the last quarter. Zevenbergen Capital Investments LLC lifted its stake in shares of Xometry by 5.1% in the first quarter. Zevenbergen Capital Investments LLC now owns 10,250 shares of the company’s stock worth $255,000 after buying an additional 500 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Xometry by 160.1% in the first quarter. GAMMA Investing LLC now owns 1,004 shares of the company’s stock worth $25,000 after buying an additional 618 shares in the last quarter. Swiss National Bank lifted its stake in shares of Xometry by 1.6% in the first quarter. Swiss National Bank now owns 83,900 shares of the company’s stock worth $2,091,000 after buying an additional 1,300 shares in the last quarter. Finally, State of Wyoming increased its holdings in Xometry by 14.8% during the first quarter. State of Wyoming now owns 10,187 shares of the company’s stock valued at $254,000 after buying an additional 1,311 shares during the last quarter. Institutional investors own 97.31% of the company’s stock.
Insiders Place Their Bets
In related news, CEO Randolph Altschuler sold 9,331 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $50.31, for a total transaction of $469,442.61. Following the completion of the transaction, the chief executive officer owned 310,271 shares in the company, valued at approximately $15,609,734.01. This represents a 2.92% 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. Also, CFO James Miln sold 598 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $50.25, for a total transaction of $30,049.50. Following the transaction, the chief financial officer owned 144,115 shares of the company’s stock, valued at approximately $7,241,778.75. This represents a 0.41% decrease in their position. The SEC filing for this sale provides additional information. 9.66% of the stock is currently owned by corporate insiders.
Xometry Price Performance
Xometry (NASDAQ:XMTR – Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.04. Xometry had a negative net margin of 10.20% and a negative return on equity of 6.79%. The firm had revenue of $162.55 million during the quarter, compared to analyst estimates of $156.53 million. During the same quarter in the prior year, the business earned ($0.01) earnings per share. Xometry’s revenue for the quarter was up 22.6% on a year-over-year basis. Xometry has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Xometry, Inc. will post -0.66 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the stock. Citigroup reaffirmed an “outperform” rating on shares of Xometry in a report on Friday, July 11th. Cantor Fitzgerald raised shares of Xometry from an “underweight” rating to a “neutral” rating and set a $41.00 price objective for the company in a research note on Tuesday, August 5th. JMP Securities increased their price objective on shares of Xometry from $45.00 to $50.00 and gave the stock a “market outperform” rating in a research note on Wednesday, August 6th. The Goldman Sachs Group reissued a “neutral” rating and issued a $49.00 price objective (up from $42.00) on shares of Xometry in a research note on Thursday, October 16th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Xometry in a research note on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Xometry presently has an average rating of “Hold” and an average target price of $41.22.
Check Out Our Latest Research Report on XMTR
Xometry 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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