Xometry, Inc. (NASDAQ:XMTR - Get Free Report) CFO James Miln sold 1,346 shares of the stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $25.13, for a total transaction of $33,824.98. Following the transaction, the chief financial officer now directly owns 144,713 shares in the company, valued at approximately $3,636,637.69. This represents a 0.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
James Miln also recently made the following trade(s):
- On Tuesday, March 4th, James Miln sold 25,852 shares of Xometry stock. The stock was sold at an average price of $24.06, for a total value of $621,999.12.
- On Friday, February 28th, James Miln sold 7,235 shares of Xometry stock. The shares were sold at an average price of $26.61, for a total transaction of $192,523.35.
Xometry Stock Performance
NASDAQ:XMTR traded up $2.73 during trading hours on Wednesday, reaching $22.07. The stock had a trading volume of 1,103,836 shares, compared to its average volume of 612,779. The stock has a market cap of $1.11 billion, a P/E ratio of -21.02 and a beta of 0.72. The stock has a 50 day simple moving average of $28.23 and a 200 day simple moving average of $29.22. 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.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Xometry by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 4,293,272 shares of the company's stock valued at $183,151,000 after purchasing an additional 86,997 shares during the last quarter. FMR LLC lifted 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 valued at $74,921,000 after buying an additional 1,169,778 shares in the last quarter. Sylebra Capital LLC boosted its holdings in Xometry by 2.1% in the 4th quarter. Sylebra Capital LLC now owns 1,834,750 shares of the company's stock worth $78,270,000 after buying an additional 37,883 shares during the period. Geode Capital Management LLC grew its stake in Xometry by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 1,004,452 shares of the company's stock valued at $42,861,000 after buying an additional 8,974 shares in the last quarter. Finally, State Street Corp raised its holdings in Xometry by 0.3% during the 3rd quarter. State Street Corp now owns 887,139 shares of the company's stock valued at $16,297,000 after acquiring an additional 3,027 shares during the period. Institutional investors own 97.31% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on XMTR shares. Wedbush reiterated an "outperform" rating and set a $48.00 price objective on shares of Xometry in a report on Friday, December 20th. Royal Bank of Canada increased their price objective on Xometry from $27.00 to $40.00 and gave the stock a "sector perform" rating in a research note on Friday, January 3rd. Cantor Fitzgerald increased their price target on Xometry from $12.00 to $20.00 and gave the company an "underweight" rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. raised shares of Xometry from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $25.00 to $45.00 in a report on Wednesday, December 18th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $42.00 target price on shares of Xometry in a report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Xometry currently has an average rating of "Moderate Buy" and a consensus price target of $36.11.
Read Our Latest Analysis on Xometry
About Xometry
(
Get Free Report)
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.
Further Reading
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