GSA Capital Partners LLP Purchases New Holdings in Xometry, Inc. (NASDAQ:XMTR)

GSA Capital Partners LLP acquired a new position in Xometry, Inc. (NASDAQ:XMTR - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 58,205 shares of the company's stock, valued at approximately $1,069,000. GSA Capital Partners LLP owned approximately 0.12% of Xometry as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Xometry by 2.0% in the first quarter. Vanguard Group Inc. now owns 3,877,346 shares of the company's stock worth $65,488,000 after purchasing an additional 76,976 shares in the last quarter. Clearbridge Investments LLC boosted its stake in Xometry by 20.7% in the first quarter. Clearbridge Investments LLC now owns 1,270,631 shares of the company's stock worth $21,461,000 after purchasing an additional 217,939 shares in the last quarter. ARK Investment Management LLC boosted its stake in Xometry by 74.9% in the second quarter. ARK Investment Management LLC now owns 264,937 shares of the company's stock worth $3,063,000 after purchasing an additional 113,478 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Xometry by 191.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 216,700 shares of the company's stock worth $3,981,000 after purchasing an additional 142,262 shares in the last quarter. Finally, Sylebra Capital LLC boosted its stake in Xometry by 134.2% in the second quarter. Sylebra Capital LLC now owns 1,508,716 shares of the company's stock worth $17,441,000 after purchasing an additional 864,454 shares in the last quarter. Institutional investors and hedge funds own 97.31% of the company's stock.

Insider Activity at Xometry

In other Xometry news, COO Peter Goguen sold 5,000 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $32.00, for a total value of $160,000.00. Following the completion of the sale, the chief operating officer now directly owns 175,419 shares in the company, valued at $5,613,408. This represents a 2.77 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Matthew Leibel sold 16,564 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $30.08, for a total value of $498,245.12. Following the completion of the sale, the chief technology officer now owns 77,856 shares of the company's stock, valued at $2,341,908.48. This trade represents a 17.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 41,633 shares of company stock worth $1,201,730. 16.79% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

XMTR has been the topic of several research reports. Craig Hallum upped their price target on Xometry from $20.00 to $30.00 and gave the company a "buy" rating in a research note on Wednesday, November 6th. The Goldman Sachs Group upped their price target on Xometry from $24.00 to $28.00 and gave the company a "buy" rating in a research note on Wednesday, November 6th. JMP Securities upped their price target on Xometry from $34.00 to $42.00 and gave the company a "market outperform" rating in a research note on Thursday. Citigroup upped their price target on Xometry from $25.00 to $33.00 and gave the company a "buy" rating in a research note on Wednesday, November 6th. Finally, Cantor Fitzgerald reaffirmed an "underweight" rating and set a $12.00 price target on shares of Xometry in a research note on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Xometry currently has a consensus rating of "Hold" and a consensus target price of $27.71.

Xometry Stock Down 1.7 %

NASDAQ XMTR traded down $0.50 on Friday, reaching $29.09. The company had a trading volume of 488,916 shares, compared to its average volume of 652,902. The stock's 50 day moving average is $20.98 and its 200-day moving average is $17.31. The company has a current ratio of 4.59, a quick ratio of 4.55 and a debt-to-equity ratio of 0.90. Xometry, Inc. has a 52 week low of $11.08 and a 52 week high of $38.74.

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.