Xometry, Inc. (NASDAQ:XMTR) CFO James Miln Sells 5,386 Shares

Xometry, Inc. (NASDAQ:XMTR) CFO James Miln sold 5,386 shares of the firm’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $42.33, for a total transaction of $227,989.38. Following the transaction, the chief financial officer now directly owns 102,329 shares in the company, valued at $4,331,586.57. The trade was a 5.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Xometry Stock Performance

Shares of XMTR opened at $38.97 on Wednesday. The company has a market capitalization of $1.93 billion, a PE ratio of -37.11 and a beta of 0.70. Xometry, Inc. has a 52-week low of $11.08 and a 52-week high of $45.33. The company has a 50-day simple moving average of $33.90 and a 200-day simple moving average of $22.78. The company has a quick ratio of 4.55, a current ratio of 4.59 and a debt-to-equity ratio of 0.90.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on XMTR shares. JMP Securities reissued a “market outperform” rating and set a $42.00 price target on shares of Xometry in a report on Monday, December 16th. Citigroup boosted their target price on Xometry from $25.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. The Goldman Sachs Group increased their price target on Xometry from $24.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Craig Hallum boosted their price objective on shares of Xometry from $20.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Finally, Cantor Fitzgerald restated an “underweight” rating and issued a $12.00 target price on shares of Xometry in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Xometry presently has an average rating of “Moderate Buy” and a consensus price target of $33.33.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in XMTR. Franklin Resources Inc. grew its holdings in shares of Xometry by 32.9% in the 3rd quarter. Franklin Resources Inc. now owns 38,881 shares of the company’s stock worth $731,000 after acquiring an additional 9,625 shares during the period. Barclays PLC boosted its position in Xometry by 360.9% during the third quarter. Barclays PLC now owns 68,951 shares of the company’s stock worth $1,266,000 after purchasing an additional 53,991 shares in the last quarter. Geode Capital Management LLC grew its holdings in Xometry by 4.3% in the third quarter. Geode Capital Management LLC now owns 995,478 shares of the company’s stock valued at $18,291,000 after purchasing an additional 41,341 shares during the last quarter. Sylebra Capital LLC increased its position in shares of Xometry by 19.1% in the third quarter. Sylebra Capital LLC now owns 1,796,867 shares of the company’s stock valued at $33,008,000 after buying an additional 288,151 shares in the last quarter. Finally, Weiss Asset Management LP acquired a new position in shares of Xometry during the 3rd quarter worth $1,586,000. 97.31% of the stock is owned by hedge funds and other institutional investors.

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.