Xometry, Inc. (NASDAQ:XMTR) COO Sells $106,710.00 in Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 3,000 shares of the company’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $35.57, for a total transaction of $106,710.00. Following the completion of the transaction, the chief operating officer now owns 161,993 shares of the company’s stock, valued at $5,762,091.01. This trade represents a 1.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Wednesday, January 15th, Peter Goguen sold 3,000 shares of Xometry stock. The stock was sold at an average price of $34.50, for a total transaction of $103,500.00.
• On Friday, January 3rd, Peter Goguen sold 940 shares of Xometry stock. The shares were sold at an average price of $42.36, for a total transaction of $39,818.40.
• On Wednesday, December 18th, Peter Goguen sold 986 shares of Xometry stock. The shares were sold at an average price of $40.08, for a total transaction of $39,518.88.

Xometry Stock Up 0.9 %

Shares of NASDAQ:XMTR traded up $0.30 during trading on Wednesday, reaching $35.34. 461,971 shares of the stock traded hands, compared to its average volume of 650,413. The stock has a 50-day moving average of $36.58 and a two-hundred day moving average of $26.52. 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. The stock has a market cap of $1.75 billion, a P/E ratio of -33.66 and a beta of 0.65.

Analyst Ratings Changes

XMTR has been the topic of several research analyst reports. Citigroup boosted their price target on shares of Xometry from $25.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. UBS Group boosted their price target on shares of Xometry from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Wedbush restated an “outperform” rating and issued a $48.00 price objective on shares of Xometry in a report on Friday, December 20th. JMP Securities restated a “market outperform” rating and issued a $42.00 price objective on shares of Xometry in a report on Monday. Finally, Cantor Fitzgerald restated an “underweight” rating and issued a $12.00 price objective on shares of Xometry in a report on Wednesday, November 6th. 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 stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.33.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its position in Xometry by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 1,004,452 shares of the company’s stock valued at $42,861,000 after purchasing an additional 8,974 shares during the period. Alliancebernstein L.P. lifted its position in Xometry by 24.9% during the fourth quarter. Alliancebernstein L.P. now owns 43,190 shares of the company’s stock valued at $1,842,000 after purchasing an additional 8,610 shares during the period. Pictet Asset Management Holding SA bought a new position in Xometry during the fourth quarter valued at approximately $328,000. Blair William & Co. IL lifted its position in Xometry by 2.9% during the fourth quarter. Blair William & Co. IL now owns 268,256 shares of the company’s stock valued at $11,444,000 after purchasing an additional 7,559 shares during the period. Finally, AssuredPartners Investment Advisors LLC bought a new position in Xometry during the fourth quarter valued at approximately $221,000. Institutional investors own 97.31% of the company’s stock.

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.