Los Angeles Capital Management LLC Sells 6,442 Shares of Xometry, Inc. $XMTR

Los Angeles Capital Management LLC cut its position in Xometry, Inc. (NASDAQ:XMTR) by 45.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,686 shares of the company’s stock after selling 6,442 shares during the period. Los Angeles Capital Management LLC’s holdings in Xometry were worth $260,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Hussman Strategic Advisors Inc. bought a new position in Xometry in the 2nd quarter worth $710,000. Zweig DiMenna Associates LLC purchased a new position in shares of Xometry in the second quarter valued at about $1,605,000. Pier Capital LLC bought a new position in shares of Xometry in the second quarter worth about $3,599,000. Teacher Retirement System of Texas purchased a new stake in shares of Xometry during the second quarter worth about $225,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in Xometry during the 2nd quarter valued at approximately $1,704,000. Hedge funds and other institutional investors own 97.31% of the company’s stock.

Analysts Set New Price Targets

XMTR has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their price target on Xometry from $55.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 5th. Wedbush raised their target price on shares of Xometry from $48.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, November 5th. Citizens Jmp lifted their price target on shares of Xometry from $65.00 to $75.00 and gave the company a “market outperform” rating in a report on Wednesday, November 5th. Cantor Fitzgerald increased their price objective on shares of Xometry from $41.00 to $60.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Finally, JMP Securities set a $75.00 price objective on Xometry in a research report on Wednesday, November 5th. 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’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $57.89.

Insiders Place Their Bets

In other news, CEO Randolph Altschuler sold 9,331 shares of Xometry stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $50.31, for a total transaction of $469,442.61. Following the completion of the sale, the chief executive officer directly owned 310,271 shares in the company, valued at approximately $15,609,734.01. This trade represents a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO James Miln sold 599 shares of the company’s stock in a transaction dated Friday, November 7th. The stock was 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. The trade was a 0.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 10,528 shares of company stock worth $536,696. Insiders own 9.66% of the company’s stock.

Xometry Price Performance

XMTR stock opened at $60.58 on Monday. The stock has a market cap of $3.08 billion, a PE ratio of -48.46 and a beta of 0.87. Xometry, Inc. has a 12 month low of $18.59 and a 12 month high of $69.26. The company has a 50-day moving average price of $53.25 and a 200 day moving average price of $42.44. The company has a current ratio of 3.62, a quick ratio of 3.58 and a debt-to-equity ratio of 1.20.

Xometry (NASDAQ:XMTR) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11. Xometry had a negative net margin of 9.80% and a negative return on equity of 6.59%. The business had revenue of $180.72 million during the quarter, compared to the consensus estimate of $168.25 million. During the same quarter last year, the firm earned $0.02 earnings per share. The firm’s quarterly revenue was up 27.5% compared to the same quarter last year. Xometry has set its Q4 2025 guidance at EPS. Equities research analysts anticipate that Xometry, Inc. will post -0.66 earnings per share for the current year.

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.