Insider Selling: Xometry, Inc. (NASDAQ:XMTR) CFO Sells 7,235 Shares of Stock

Xometry, Inc. (NASDAQ:XMTR - Get Free Report) CFO James Miln sold 7,235 shares of the business's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $26.61, for a total transaction of $192,523.35. Following the transaction, the chief financial officer now owns 131,090 shares in the company, valued at $3,488,304.90. The trade was a 5.23 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

James Miln also recently made the following trade(s):

• On Tuesday, March 4th, James Miln sold 25,852 shares of Xometry stock. The shares were sold at an average price of $24.06, for a total transaction of $621,999.12.
• 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 transaction of $227,989.38.

Xometry Stock Down 0.3 %

Shares of NASDAQ XMTR traded down $0.08 during trading on Friday, hitting $24.63. The stock had a trading volume of 875,397 shares, compared to its average volume of 690,464. Xometry, Inc. has a 12 month low of $11.08 and a 12 month high of $45.33. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.59 and a quick ratio of 4.55. The company has a market capitalization of $1.22 billion, a PE ratio of -23.46 and a beta of 0.69. The firm has a fifty day moving average of $34.67 and a two-hundred day moving average of $28.28.

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Analyst Ratings Changes

XMTR has been the subject of a number of recent research reports. Royal Bank of Canada boosted their price target on shares of Xometry from $27.00 to $40.00 and gave the company a "sector perform" rating in a research note on Friday, January 3rd. Cantor Fitzgerald boosted their price target on shares of Xometry from $12.00 to $20.00 and gave the company an "underweight" rating in a research note on Wednesday, February 26th. Citigroup decreased their price target on shares of Xometry from $46.00 to $39.00 and set a "buy" rating for the company in a research note on Thursday, February 27th. Wedbush restated an "outperform" rating and set a $48.00 price target on shares of Xometry in a research note on Friday, December 20th. Finally, JMP Securities restated a "market outperform" rating and set a $42.00 price target on shares of Xometry in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Xometry currently has an average rating of "Moderate Buy" and an average target price of $36.11.

Institutional Trading of Xometry

Several institutional investors have recently made changes to their positions in XMTR. US Bancorp DE grew its stake in shares of Xometry by 57.7% in the 3rd quarter. US Bancorp DE now owns 5,570 shares of the company's stock worth $102,000 after acquiring an additional 2,037 shares in the last quarter. ARK Investment Management LLC grew its position in Xometry by 7.2% during the third quarter. ARK Investment Management LLC now owns 284,134 shares of the company's stock valued at $5,220,000 after buying an additional 19,197 shares during the period. Versor Investments LP bought a new position in Xometry during the third quarter valued at about $411,000. GSA Capital Partners LLP bought a new position in Xometry during the third quarter valued at about $1,069,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Xometry during the third quarter valued at about $355,000. Institutional investors own 97.31% of the company's stock.

About Xometry

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.