Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen Sells 986 Shares

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 986 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $40.08, for a total value of $39,518.88. Following the sale, the chief operating officer now owns 168,933 shares of the company’s stock, valued at $6,770,834.64. This trade represents a 0.58 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• 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 transaction of $160,000.00.
• On Thursday, November 7th, Peter Goguen sold 12,000 shares of Xometry stock. The shares were sold at an average price of $29.55, for a total transaction of $354,600.00.
• On Thursday, October 3rd, Peter Goguen sold 940 shares of Xometry stock. The shares were sold at an average price of $17.22, for a total value of $16,186.80.

Xometry Stock Up 13.9 %

Shares of NASDAQ XMTR opened at $41.67 on Friday. The firm has a market cap of $2.07 billion, a P/E ratio of -39.69 and a beta of 0.83. 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 1 year low of $11.08 and a 1 year high of $42.00. The firm’s 50 day moving average price is $28.45 and its 200 day moving average price is $20.22.

Institutional Investors Weigh In On Xometry

Several hedge funds have recently made changes to their positions in XMTR. nVerses Capital LLC acquired a new position in Xometry in the second quarter valued at $38,000. ProShare Advisors LLC purchased a new stake in Xometry in the 2nd quarter valued at about $53,000. Point72 Asset Management L.P. acquired a new position in shares of Xometry during the 2nd quarter valued at about $55,000. US Bancorp DE lifted its holdings in shares of Xometry by 57.7% during the 3rd quarter. US Bancorp DE now owns 5,570 shares of the company’s stock worth $102,000 after acquiring an additional 2,037 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Xometry in the third quarter worth approximately $153,000. Institutional investors and hedge funds own 97.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on XMTR shares. Craig Hallum upped their target price on shares of Xometry from $20.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. UBS Group upped their price target on Xometry from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. Cantor Fitzgerald reiterated an “underweight” rating and set a $12.00 target price on shares of Xometry in a research report on Wednesday, November 6th. Citigroup lifted their price target on Xometry from $25.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $42.00 price target on shares of Xometry in a report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.89.

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.