Natixis Advisors LLC Acquires Shares of 10,616 Xometry, Inc. (NASDAQ:XMTR)

Natixis Advisors LLC bought a new position in Xometry, Inc. (NASDAQ:XMTR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 10,616 shares of the company's stock, valued at approximately $453,000.

A number of other large investors have also added to or reduced their stakes in XMTR. FMR LLC boosted its stake in shares of Xometry by 40.2% during the 3rd quarter. FMR LLC now owns 4,078,462 shares of the company's stock worth $74,921,000 after acquiring an additional 1,169,778 shares during the last quarter. Baillie Gifford & Co. purchased a new stake in shares of Xometry during the 4th quarter valued at about $30,297,000. Fred Alger Management LLC lifted its holdings in shares of Xometry by 20.8% in the 3rd quarter. Fred Alger Management LLC now owns 1,815,696 shares of the company's stock valued at $33,354,000 after acquiring an additional 312,971 shares during the last quarter. Sylebra Capital LLC grew its position in Xometry by 19.1% in the third quarter. Sylebra Capital LLC now owns 1,796,867 shares of the company's stock worth $33,008,000 after acquiring an additional 288,151 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Xometry during the fourth quarter worth approximately $12,284,000. Institutional investors own 97.31% of the company's stock.

Xometry Stock Down 5.2 %

XMTR stock traded down $1.35 on Monday, hitting $24.54. 59,797 shares of the company's stock were exchanged, compared to its average volume of 601,971. The firm has a 50 day moving average price of $30.55 and a two-hundred day moving average price of $29.14. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.55 and a current ratio of 4.59. Xometry, Inc. has a 12-month low of $11.08 and a 12-month high of $45.33. The stock has a market cap of $1.23 billion, a P/E ratio of -23.37 and a beta of 0.69.

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Insider Transactions at Xometry

In other Xometry news, CEO Randolph Altschuler sold 27,566 shares of Xometry stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $26.60, for a total transaction of $733,255.60. Following the completion of the sale, the chief executive officer now owns 256,570 shares of the company's stock, valued at approximately $6,824,762. The trade was a 9.70 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO James Miln sold 5,386 shares of the business's stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $42.33, for a total value of $227,989.38. Following the sale, the chief financial officer now owns 102,329 shares in the company, valued at approximately $4,331,586.57. The trade was a 5.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 73,965 shares of company stock worth $2,050,643. Insiders own 16.79% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on XMTR shares. JPMorgan Chase & Co. upgraded Xometry from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $25.00 to $45.00 in a report on Wednesday, December 18th. Cantor Fitzgerald lifted their price target on shares of Xometry from $12.00 to $20.00 and gave the stock an "underweight" rating in a research note on Wednesday, February 26th. Wedbush reissued an "outperform" rating and issued a $48.00 price objective on shares of Xometry in a research report on Friday, December 20th. UBS Group boosted their target price on Xometry from $22.00 to $33.00 and gave the company a "neutral" rating in a research report on Wednesday, February 26th. Finally, Citigroup reduced their price target on Xometry from $46.00 to $39.00 and set a "buy" rating on the stock in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $36.11.

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.