Xometry, Inc. (NASDAQ:XMTR) COO Sells $24,847.20 in Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 986 shares of the company’s stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $25.20, for a total value of $24,847.20. Following the transaction, the chief operating officer now directly owns 187,883 shares in the company, valued at $4,734,651.60. The trade was a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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 value of $106,710.00.
• On Wednesday, January 15th, Peter Goguen sold 3,000 shares of Xometry stock. The shares were sold at an average price of $34.50, for a total value 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 value of $39,818.40.

Xometry Stock Performance

XMTR opened at $25.63 on Friday. The company has a market cap of $1.29 billion, a PE ratio of -24.41 and a beta of 0.69. The stock has a 50-day moving average of $31.39 and a 200-day moving average of $28.64. 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.

Institutional Trading of Xometry

Several large investors have recently made changes to their positions in XMTR. FMR LLC boosted its stake in shares of Xometry by 40.2% during the 3rd quarter. FMR LLC now owns 4,078,462 shares of the company’s stock worth $74,921,000 after acquiring an additional 1,169,778 shares in the last quarter. First Trust Advisors LP boosted its stake in Xometry by 2,144.2% during the 4th quarter. First Trust Advisors LP now owns 817,475 shares of the company’s stock valued at $34,873,000 after purchasing an additional 781,049 shares during the period. Baillie Gifford & Co. bought a new stake in Xometry during the 4th quarter valued at approximately $30,297,000. Ameriprise Financial Inc. boosted its stake in Xometry by 225.7% during the 4th quarter. Ameriprise Financial Inc. now owns 852,813 shares of the company’s stock valued at $36,381,000 after purchasing an additional 590,974 shares during the period. Finally, Lord Abbett & CO. LLC bought a new stake in Xometry during the 4th quarter valued at approximately $17,623,000. Institutional investors own 97.31% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on XMTR shares. JPMorgan Chase & Co. raised Xometry from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $25.00 to $45.00 in a research report on Wednesday, December 18th. Cantor Fitzgerald upped their target price on Xometry from $12.00 to $20.00 and gave the stock an “underweight” rating in a research report on Wednesday, February 26th. Royal Bank of Canada upped their target price on Xometry from $27.00 to $40.00 and gave the stock a “sector perform” rating in a research report on Friday, January 3rd. Citigroup dropped their target price on Xometry from $46.00 to $39.00 and set a “buy” rating on the stock in a research report on Thursday, February 27th. Finally, 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. One investment 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 company presently has a consensus rating of “Moderate Buy” and a consensus 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.