Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen Sells 940 Shares

Xometry, Inc. (NASDAQ:XMTR - Get Free Report) COO Peter Goguen sold 940 shares of the company's stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $25.15, for a total value of $23,641.00. Following the completion of the transaction, the chief operating officer now directly owns 186,943 shares in the company, valued at $4,701,616.45. This trade represents a 0.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Tuesday, March 18th, Peter Goguen sold 986 shares of Xometry stock. The stock was sold at an average price of $25.20, for a total value of $24,847.20.
• On Tuesday, February 11th, Peter Goguen sold 3,000 shares of Xometry stock. The shares were sold at an average price of $35.57, for a total transaction of $106,710.00.
• 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.

Xometry Price Performance

Shares of XMTR traded up $2.73 during midday trading on Wednesday, hitting $22.07. 1,103,836 shares of the company traded hands, compared to its average volume of 612,779. Xometry, Inc. has a 52 week low of $11.08 and a 52 week high of $45.33. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.55 and a current ratio of 4.59. The firm has a 50 day moving average of $28.23 and a 200-day moving average of $29.22. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of -21.02 and a beta of 0.72.

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Hedge Funds Weigh In On Xometry

Several institutional investors have recently added to or reduced their stakes in XMTR. Barclays PLC boosted its position in shares of Xometry by 360.9% during the 3rd quarter. Barclays PLC now owns 68,951 shares of the company's stock valued at $1,266,000 after acquiring an additional 53,991 shares during the last quarter. Weiss Asset Management LP purchased a new position in shares of Xometry in the 3rd quarter worth $1,586,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Xometry by 4.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 354,849 shares of the company's stock worth $6,519,000 after buying an additional 16,396 shares during the last quarter. Centiva Capital LP bought a new stake in shares of Xometry in the 3rd quarter worth about $341,000. Finally, State Street Corp raised its position in shares of 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 buying an additional 3,027 shares in the last quarter. Hedge funds and other institutional investors own 97.31% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Royal Bank of Canada increased their target price on Xometry from $27.00 to $40.00 and gave the company a "sector perform" rating in a report on Friday, January 3rd. UBS Group upped their target price 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 reissued an "outperform" rating and set a $48.00 price objective on shares of Xometry in a research report on Friday, December 20th. JPMorgan Chase & Co. upgraded Xometry from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $25.00 to $45.00 in a research report on Wednesday, December 18th. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $42.00 price objective on shares of Xometry in a research report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $36.11.

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.