James Miln Sells 1,346 Shares of Xometry, Inc. (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR) CFO James Miln sold 1,346 shares of the business’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $25.13, for a total transaction of $33,824.98. Following the sale, the chief financial officer now directly owns 144,713 shares in the company, valued at approximately $3,636,637.69. This trade represents a 0.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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, February 28th, James Miln sold 7,235 shares of Xometry stock. The stock was sold at an average price of $26.61, for a total transaction of $192,523.35.

Xometry Price Performance

Shares of Xometry stock opened at $19.98 on Friday. 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 company has a market cap of $1.01 billion, a PE ratio of -19.03 and a beta of 0.69. The firm has a fifty day moving average price of $29.56 and a two-hundred day moving average price of $29.16. Xometry, Inc. has a fifty-two week low of $11.08 and a fifty-two week high of $45.33.

Analysts Set New Price Targets

XMTR has been the topic of a number of recent research reports. Cantor Fitzgerald boosted their target price on Xometry from $12.00 to $20.00 and gave the company an “underweight” rating in a research note on Wednesday, February 26th. JPMorgan Chase & Co. raised Xometry from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $25.00 to $45.00 in a report on Wednesday, December 18th. UBS Group upped their target price on Xometry from $22.00 to $33.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 26th. 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 research report on Friday, January 3rd. Finally, Citigroup decreased 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. One research 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’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $36.11.

Hedge Funds Weigh In On Xometry

Several large investors have recently added to or reduced their stakes in the company. Global Retirement Partners LLC bought a new stake in shares of Xometry during the fourth quarter valued at approximately $27,000. Canada Pension Plan Investment Board bought a new stake in Xometry in the 4th quarter valued at $38,000. Comerica Bank raised its stake in shares of Xometry by 195.1% in the 4th quarter. Comerica Bank now owns 1,133 shares of the company’s stock valued at $48,000 after buying an additional 749 shares in the last quarter. CoreCap Advisors LLC acquired a new position in Xometry in the fourth quarter worth about $51,000. Finally, SBI Securities Co. Ltd. bought a new stake in Xometry in the fourth quarter valued at $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.