Xometry, Inc. (NASDAQ:XMTR) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC boosted its stake in shares of Xometry, Inc. (NASDAQ:XMTRFree Report) by 67.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,938 shares of the company’s stock after acquiring an additional 5,616 shares during the quarter. SG Americas Securities LLC’s holdings in Xometry were worth $595,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of XMTR. ProShare Advisors LLC purchased a new position in shares of Xometry during the 2nd quarter valued at approximately $53,000. Point72 Asset Management L.P. acquired a new stake in Xometry during the second quarter valued at $55,000. US Bancorp DE increased its holdings in Xometry by 57.7% in the third quarter. US Bancorp DE now owns 5,570 shares of the company’s stock valued at $102,000 after buying an additional 2,037 shares in the last quarter. Palumbo Wealth Management LLC acquired a new position in shares of Xometry in the third quarter worth about $191,000. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in shares of Xometry during the 2nd quarter worth about $129,000. 97.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on XMTR shares. JMP Securities restated a “market outperform” rating and issued a $42.00 price target on shares of Xometry in a research note on Monday, December 16th. Citigroup upped their target price on Xometry from $25.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. UBS Group lifted their price target on shares of Xometry from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Wednesday, November 6th. Wedbush restated an “outperform” rating and set a $48.00 price objective on shares of Xometry in a research report on Friday, December 20th. Finally, The Goldman Sachs Group lifted their target price on shares of Xometry from $24.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $33.33.

Get Our Latest Report on XMTR

Xometry Price Performance

XMTR stock opened at $34.93 on Friday. Xometry, Inc. has a 1 year low of $11.08 and a 1 year high of $45.33. 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 firm has a market capitalization of $1.73 billion, a PE ratio of -33.27 and a beta of 0.70. The business has a 50 day simple moving average of $35.94 and a 200-day simple moving average of $25.21.

Insiders Place Their Bets

In other news, Director Emily Rollins sold 3,729 shares of Xometry stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $29.49, for a total transaction of $109,968.21. Following the transaction, the director now owns 12,457 shares in the company, valued at $367,356.93. The trade was a 23.04 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Matthew Leibel sold 16,564 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $30.08, for a total transaction of $498,245.12. Following the completion of the sale, the chief technology officer now directly owns 77,856 shares of the company’s stock, valued at $2,341,908.48. This represents a 17.54 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 47,605 shares of company stock valued at $1,533,640. Insiders own 16.79% of the company’s stock.

About Xometry

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Xometry (NASDAQ:XMTR)

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