Xometry, Inc. (NASDAQ:XMTR - Get Free Report) CFO James Miln sold 25,852 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $24.06, for a total value of $621,999.12. Following the completion of the transaction, the chief financial officer now directly owns 105,238 shares of the company's stock, valued at $2,532,026.28. This represents a 19.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
James Miln also recently made the following trade(s):
- 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 value of $192,523.35.
- On Friday, January 3rd, James Miln sold 5,386 shares of Xometry stock. The shares were sold at an average price of $42.33, for a total value of $227,989.38.
Xometry Trading Down 0.3 %
Shares of Xometry stock traded down $0.08 on Friday, reaching $24.63. 875,397 shares of the company's stock were exchanged, compared to its average volume of 690,464. The company has a market capitalization of $1.22 billion, a P/E ratio of -23.46 and a beta of 0.69. Xometry, Inc. has a 52 week low of $11.08 and a 52 week high of $45.33. The firm's 50-day moving average is $34.67 and its two-hundred day moving average is $28.28. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.55 and a current ratio of 4.59.
Hedge Funds Weigh In On Xometry
Institutional investors and hedge funds have recently modified their holdings of the business. Barclays PLC boosted its holdings in shares of Xometry by 360.9% during the 3rd quarter. Barclays PLC now owns 68,951 shares of the company's stock worth $1,266,000 after buying an additional 53,991 shares in the last quarter. Weiss Asset Management LP bought a new position in shares of Xometry during the 3rd quarter worth approximately $1,586,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Xometry during the 3rd quarter worth approximately $355,000. Versor Investments LP bought a new position in shares of Xometry during the 3rd quarter worth approximately $411,000. Finally, Primecap Management Co. CA lifted its holdings in shares of Xometry by 1.7% in the 3rd quarter. Primecap Management Co. CA now owns 6,918,252 shares of the company's stock worth $127,088,000 after purchasing an additional 113,264 shares in the last quarter. 97.31% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
XMTR has been the subject of several recent research reports. JMP Securities reaffirmed a "market outperform" rating and issued a $42.00 price objective on shares of Xometry in a research note on Monday, February 10th. JPMorgan Chase & Co. raised Xometry from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $25.00 to $45.00 in a research note on Wednesday, December 18th. Citigroup decreased their target price on shares of Xometry from $46.00 to $39.00 and set a "buy" rating for the company in a research report on Thursday, February 27th. Wedbush reissued an "outperform" rating and set a $48.00 target price on shares of Xometry in a research report on Friday, December 20th. Finally, Royal Bank of Canada increased their target price on shares of Xometry from $27.00 to $40.00 and gave the company a "sector perform" rating in a research report on Friday, January 3rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Xometry presently has an average rating of "Moderate Buy" and a consensus price target of $36.11.
Check Out Our Latest Report on XMTR
Xometry Company Profile
(
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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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