Xometry, Inc. (NASDAQ:XMTR - Get Free Report) CEO Randolph Altschuler sold 9,331 shares of the company's stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $25.16, for a total value of $234,767.96. Following the sale, the chief executive officer now owns 328,934 shares in the company, valued at $8,275,979.44. The trade was a 2.76 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Randolph Altschuler also recently made the following trade(s):
- On Friday, February 28th, Randolph Altschuler sold 27,566 shares of Xometry stock. The stock was sold at an average price of $26.60, for a total transaction of $733,255.60.
Xometry Price Performance
XMTR traded up $0.01 on Wednesday, reaching $19.35. The company had a trading volume of 294,980 shares, compared to its average volume of 609,930. The company has a market capitalization of $973.07 million, a P/E ratio of -18.18 and a beta of 0.72. The company has a current ratio of 4.59, a quick ratio of 4.55 and a debt-to-equity ratio of 0.90. The company has a fifty day moving average of $28.71 and a 200-day moving average of $29.25. Xometry, Inc. has a one year low of $11.08 and a one year high of $45.33.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Global Retirement Partners LLC bought a new position in Xometry during the 4th quarter valued at $27,000. Canada Pension Plan Investment Board acquired a new stake in shares of Xometry in the fourth quarter valued at $38,000. Comerica Bank boosted its stake in Xometry by 195.1% during the fourth quarter. Comerica Bank now owns 1,133 shares of the company's stock valued at $48,000 after buying an additional 749 shares in the last quarter. CoreCap Advisors LLC bought a new position in Xometry during the fourth quarter valued at about $51,000. Finally, SBI Securities Co. Ltd. acquired a new position in Xometry during the fourth quarter worth about $73,000. 97.31% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several research analysts have recently commented on XMTR shares. UBS Group lifted their price target on shares of Xometry from $22.00 to $33.00 and gave the company a "neutral" rating in a report on Wednesday, February 26th. Wedbush reaffirmed an "outperform" rating and set a $48.00 target price on shares of Xometry in a report on Friday, December 20th. Royal Bank of Canada raised their price target on Xometry from $27.00 to $40.00 and gave the stock a "sector perform" rating in a report on Friday, January 3rd. Cantor Fitzgerald upped their price objective on Xometry from $12.00 to $20.00 and gave the stock an "underweight" rating in a research note on Wednesday, February 26th. Finally, Citigroup cut their target price on Xometry from $46.00 to $39.00 and set a "buy" rating on the stock in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Xometry has a consensus rating of "Moderate Buy" and a consensus price target of $36.11.
Check Out Our Latest Report on Xometry
About Xometry
(
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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.
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