Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen Sells 986 Shares

Xometry, Inc. (NASDAQ:XMTR - Get Free Report) COO Peter Goguen sold 986 shares of the firm's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $25.20, for a total transaction of $24,847.20. Following the transaction, the chief operating officer now owns 187,883 shares in the company, valued at $4,734,651.60. This represents a 0.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

• 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.
• 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.

Xometry Stock Up 0.4 %

Shares of Xometry stock traded up $0.09 on Friday, hitting $25.72. The company had a trading volume of 973,625 shares, compared to its average volume of 598,266. The firm has a market capitalization of $1.29 billion, a P/E ratio of -24.50 and a beta of 0.69. Xometry, Inc. has a twelve month low of $11.08 and a twelve 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 stock has a 50-day moving average of $31.23 and a 200-day moving average of $28.76.

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Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on XMTR shares. Citigroup reduced their price objective on shares of Xometry from $46.00 to $39.00 and set a "buy" rating for the company in a report on Thursday, February 27th. Royal Bank of Canada lifted their price target on shares of Xometry from $27.00 to $40.00 and gave the company a "sector perform" rating in a report on Friday, January 3rd. 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. JPMorgan Chase & Co. raised shares of Xometry from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $25.00 to $45.00 in a research note on Wednesday, December 18th. Finally, 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. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Xometry presently has a consensus rating of "Moderate Buy" and an average target price of $36.11.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in XMTR. Global Retirement Partners LLC acquired a new position in shares of Xometry in the fourth quarter valued at approximately $27,000. Canada Pension Plan Investment Board bought a new stake in shares of Xometry in the fourth quarter worth $38,000. Comerica Bank lifted its position in shares of Xometry by 195.1% in the fourth 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. CoreCap Advisors LLC bought a new stake in shares of Xometry in the fourth quarter worth $51,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Xometry in the fourth quarter worth $73,000. Institutional investors and hedge funds 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.