James Miln Sells 7,235 Shares of Xometry, Inc. (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR) CFO James Miln sold 7,235 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $26.61, for a total transaction of $192,523.35. Following the sale, the chief financial officer now owns 131,090 shares in the company, valued at approximately $3,488,304.90. The trade was a 5.23 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

James Miln also recently made the following trade(s):

• On Tuesday, March 4th, James Miln sold 25,852 shares of Xometry stock. The shares were sold at an average price of $24.06, for a total value of $621,999.12.
• On Friday, January 3rd, James Miln sold 5,386 shares of Xometry stock. The shares were sold at an average price of $42.33, for a total value of $227,989.38.

Xometry Stock Up 3.1 %

Shares of XMTR opened at $25.80 on Thursday. The business’s 50 day moving average is $35.07 and its 200 day moving average is $28.31. The company has a current ratio of 4.59, a quick ratio of 4.55 and a debt-to-equity ratio of 0.90. Xometry, Inc. has a 12-month low of $11.08 and a 12-month high of $45.33. The company has a market capitalization of $1.28 billion, a PE ratio of -24.57 and a beta of 0.65.

Institutional Investors Weigh In On Xometry

A number of institutional investors have recently added to or reduced their stakes in XMTR. Sylebra Capital LLC boosted its position in shares of Xometry by 2.1% during the fourth quarter. Sylebra Capital LLC now owns 1,834,750 shares of the company’s stock worth $78,270,000 after acquiring an additional 37,883 shares during the last quarter. 49 Wealth Management LLC purchased a new stake in Xometry in the 4th quarter worth $319,000. State of Wyoming boosted its holdings in shares of Xometry by 8.2% during the 4th quarter. State of Wyoming now owns 8,876 shares of the company’s stock valued at $379,000 after purchasing an additional 676 shares during the last quarter. Polar Capital Holdings Plc purchased a new position in shares of Xometry during the fourth quarter valued at about $14,070,000. Finally, ProShare Advisors LLC bought a new stake in shares of Xometry in the fourth quarter worth about $511,000. 97.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on XMTR shares. JMP Securities restated a “market outperform” rating and issued a $42.00 target price on shares of Xometry in a report on Monday, February 10th. The Goldman Sachs Group raised their price objective on shares of Xometry from $24.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Royal Bank of Canada lifted their target price on Xometry from $27.00 to $40.00 and gave the company a “sector perform” rating in a research report on Friday, January 3rd. UBS Group upped their price target on Xometry from $22.00 to $33.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 26th. Finally, Wedbush reaffirmed 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 issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $36.11.

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.