Peter Goguen Sells 3,000 Shares of Xometry, Inc. (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR - Get Free Report) COO Peter Goguen sold 3,000 shares of Xometry stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $35.57, for a total transaction of $106,710.00. Following the completion of the transaction, the chief operating officer now owns 161,993 shares of the company's stock, valued at $5,762,091.01. The trade was a 1.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Peter Goguen also recently made the following trade(s):

• On Wednesday, January 15th, Peter Goguen sold 3,000 shares of Xometry stock. The stock was sold at an average price of $34.50, for a total transaction of $103,500.00.
• On Friday, January 3rd, Peter Goguen sold 940 shares of Xometry stock. The stock was sold at an average price of $42.36, for a total transaction of $39,818.40.
• On Wednesday, December 18th, Peter Goguen sold 986 shares of Xometry stock. The stock was sold at an average price of $40.08, for a total transaction of $39,518.88.

Xometry Stock Down 2.4 %

Shares of XMTR stock traded down $0.93 during mid-day trading on Friday, reaching $37.45. 329,728 shares of the company's stock traded hands, compared to its average volume of 617,744. Xometry, Inc. has a 12 month low of $11.08 and a 12 month high of $45.33. The company has a market cap of $1.86 billion, a P/E ratio of -35.67 and a beta of 0.65. The company has a quick ratio of 4.55, a current ratio of 4.59 and a debt-to-equity ratio of 0.90. The company's 50-day moving average price is $36.89 and its 200-day moving average price is $26.99.

Wall Street Analyst Weigh In

Several brokerages recently commented on XMTR. The Goldman Sachs Group lifted their target price on shares of Xometry from $24.00 to $28.00 and gave the stock a "buy" rating in a research note on Wednesday, November 6th. UBS Group lifted their target price on shares of Xometry from $20.00 to $22.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 6th. JMP Securities reaffirmed a "market outperform" rating and issued a $42.00 target price on shares of Xometry in a research note on Monday, February 10th. Royal Bank of Canada boosted their price objective 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. Finally, Wedbush reissued an "outperform" rating and set a $48.00 price objective on shares of Xometry in a research report on Friday, December 20th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $33.33.

Institutional Trading of Xometry

A number of hedge funds have recently modified their holdings of the business. Ameritas Investment Partners Inc. boosted its holdings in shares of Xometry by 8.1% during the 4th quarter. Ameritas Investment Partners Inc. now owns 4,447 shares of the company's stock valued at $190,000 after buying an additional 333 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of Xometry during the 4th quarter valued at $27,000. Comerica Bank boosted its stake in Xometry by 195.1% in the 4th quarter. Comerica Bank now owns 1,133 shares of the company's stock worth $48,000 after purchasing an additional 749 shares in the last quarter. Arizona State Retirement System boosted its stake in Xometry by 7.9% in the 4th quarter. Arizona State Retirement System now owns 12,180 shares of the company's stock worth $520,000 after purchasing an additional 891 shares in the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in Xometry in the 4th quarter worth about $38,000. Institutional investors own 97.31% of the company's stock.

Xometry Company 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.