Xometry, Inc. (NASDAQ:XMTR – Get Free Report) CFO James Miln sold 599 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $62.11, for a total transaction of $37,203.89. Following the completion of the transaction, the chief financial officer owned 141,796 shares in the company, valued at approximately $8,806,949.56. This represents a 0.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
James Miln also recently made the following trade(s):
- On Tuesday, September 2nd, James Miln sold 598 shares of Xometry stock. The shares were sold at an average price of $50.25, for a total transaction of $30,049.50.
Xometry Stock Up 2.4%
Shares of Xometry stock traded up $1.58 on Monday, hitting $66.39. 754,283 shares of the company traded hands, compared to its average volume of 729,941. Xometry, Inc. has a 12-month low of $18.59 and a 12-month high of $69.26. The company has a quick ratio of 3.58, a current ratio of 3.62 and a debt-to-equity ratio of 1.20. The company has a market cap of $3.37 billion, a PE ratio of -53.11 and a beta of 0.87. The company has a 50-day moving average price of $51.82 and a 200 day moving average price of $41.11.
Analyst Ratings Changes
XMTR has been the subject of several research reports. JMP Securities set a $75.00 price target on Xometry in a report on Wednesday, November 5th. Citizens Jmp raised their price objective on shares of Xometry from $65.00 to $75.00 and gave the company a “market outperform” rating in a research report on Wednesday, November 5th. UBS Group lifted their target price on shares of Xometry from $35.00 to $40.00 and gave the company a “neutral” rating in a research note on Wednesday, August 6th. The Goldman Sachs Group increased their price target on shares of Xometry from $49.00 to $56.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Finally, Wedbush raised their price target on shares of Xometry from $48.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, November 5th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Xometry has an average rating of “Hold” and an average price target of $57.89.
Check Out Our Latest Stock Report on XMTR
Institutional Trading of Xometry
Institutional investors and hedge funds have recently modified their holdings of the company. Counterpoint Mutual Funds LLC bought a new stake in shares of Xometry during the 3rd quarter worth $479,000. Citigroup Inc. lifted its position in Xometry by 48.8% during the 3rd quarter. Citigroup Inc. now owns 128,563 shares of the company’s stock worth $7,003,000 after acquiring an additional 42,138 shares during the last quarter. BIT Capital GmbH boosted its holdings in Xometry by 11.5% during the third quarter. BIT Capital GmbH now owns 113,653 shares of the company’s stock valued at $6,191,000 after acquiring an additional 11,695 shares during the period. Zweig DiMenna Associates LLC grew its position in shares of Xometry by 171.4% in the third quarter. Zweig DiMenna Associates LLC now owns 128,900 shares of the company’s stock valued at $7,021,000 after purchasing an additional 81,400 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of Xometry by 283.7% in the third quarter. PNC Financial Services Group Inc. now owns 1,508 shares of the company’s stock valued at $82,000 after purchasing an additional 1,115 shares during the last quarter. 97.31% of the stock is currently 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.
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