Xometry, Inc. (NASDAQ:XMTR) COO Sells $39,818.40 in Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 940 shares of the business’s stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $42.36, for a total value of $39,818.40. Following the transaction, the chief operating officer now owns 167,993 shares of the company’s stock, valued at $7,116,183.48. This trade represents a 0.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 value of $39,518.88.
• On Monday, November 11th, Peter Goguen sold 5,000 shares of Xometry stock. The shares were sold at an average price of $32.00, for a total value of $160,000.00.
• On Thursday, November 7th, Peter Goguen sold 12,000 shares of Xometry stock. The stock was sold at an average price of $29.55, for a total value of $354,600.00.

Xometry Stock Down 6.2 %

NASDAQ:XMTR opened at $36.54 on Thursday. The company’s 50-day simple moving average is $34.24 and its 200-day simple moving average is $22.88. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.55 and a current ratio of 4.59. Xometry, Inc. has a fifty-two week low of $11.08 and a fifty-two week high of $45.33. The stock has a market capitalization of $1.81 billion, a P/E ratio of -34.80 and a beta of 0.70.

Institutional Investors Weigh In On Xometry

Institutional investors have recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its holdings in shares of Xometry by 21.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 140,522 shares of the company’s stock valued at $1,624,000 after purchasing an additional 25,247 shares during the last quarter. Commonwealth Equity Services LLC increased its position in Xometry by 66.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 25,403 shares of the company’s stock valued at $294,000 after buying an additional 10,103 shares in the last quarter. Rhumbline Advisers raised its stake in Xometry by 6.8% in the second quarter. Rhumbline Advisers now owns 58,002 shares of the company’s stock valued at $670,000 after buying an additional 3,690 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Xometry by 44.9% in the second quarter. Dimensional Fund Advisors LP now owns 493,847 shares of the company’s stock worth $5,712,000 after acquiring an additional 153,107 shares in the last quarter. Finally, Primecap Management Co. CA grew its stake in shares of Xometry by 1.4% during the second quarter. Primecap Management Co. CA now owns 6,804,988 shares of the company’s stock worth $78,666,000 after acquiring an additional 93,350 shares during the last quarter. 97.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on XMTR shares. Cantor Fitzgerald reiterated an “underweight” rating and set a $12.00 price objective on shares of Xometry in a report on Wednesday, November 6th. UBS Group raised their price target on Xometry from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. JPMorgan Chase & Co. raised shares of Xometry from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $25.00 to $45.00 in a research note on Wednesday, December 18th. JMP Securities reissued a “market outperform” rating and set a $42.00 target price on shares of Xometry in a research report on Monday, December 16th. Finally, The Goldman Sachs Group upped their price target on shares of Xometry from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. 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. According to MarketBeat.com, Xometry currently has a consensus rating of “Moderate Buy” and an average price target of $33.33.

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.