Atria Investments Inc Invests $224,000 in Xometry, Inc. (NASDAQ:XMTR)

Atria Investments Inc bought a new position in shares of Xometry, Inc. (NASDAQ:XMTR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,251 shares of the company’s stock, valued at approximately $224,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Global Retirement Partners LLC purchased a new stake in shares of Xometry during the 4th quarter valued at $27,000. SBI Securities Co. Ltd. acquired a new stake in Xometry during the fourth quarter worth about $73,000. Victory Capital Management Inc. purchased a new position in shares of Xometry in the 4th quarter worth about $219,000. Truist Financial Corp acquired a new position in shares of Xometry in the 4th quarter valued at about $225,000. Finally, Oppenheimer Asset Management Inc. purchased a new stake in shares of Xometry during the 4th quarter worth about $246,000. Institutional investors and hedge funds own 97.31% of the company’s stock.

Wall Street Analyst Weigh In

XMTR has been the topic of several research reports. Citigroup cut their price target on shares of Xometry from $46.00 to $39.00 and set a “buy” rating on the stock in a report on Thursday, February 27th. JMP Securities reissued a “market outperform” rating and issued a $42.00 target price on shares of Xometry in a research note on Monday, February 10th. Cantor Fitzgerald upped their price target on shares of Xometry from $12.00 to $20.00 and gave the stock an “underweight” rating in a research report on Wednesday, February 26th. UBS Group raised their price objective on Xometry from $22.00 to $33.00 and gave the company a “neutral” rating in a research report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. upgraded Xometry from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $25.00 to $45.00 in a research note on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $36.11.

Insider Transactions at Xometry

In related news, CFO James Miln sold 25,852 shares of Xometry stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $24.06, for a total transaction of $621,999.12. Following the sale, the chief financial officer now directly owns 105,238 shares in the company, valued at $2,532,026.28. The trade was a 19.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Peter Goguen sold 940 shares of the stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $42.36, for a total transaction of $39,818.40. Following the completion of the transaction, the chief operating officer now owns 167,993 shares of the company’s stock, valued at $7,116,183.48. This represents a 0.56 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 72,979 shares of company stock worth $2,025,796. Insiders own 16.79% of the company’s stock.

Xometry Stock Down 1.1 %

NASDAQ:XMTR opened at $25.42 on Wednesday. The company has a current ratio of 4.59, a quick ratio of 4.55 and a debt-to-equity ratio of 0.90. The stock has a 50 day moving average of $31.81 and a 200-day moving average of $28.68. The firm has a market capitalization of $1.28 billion, a PE ratio of -24.21 and a beta of 0.69. Xometry, Inc. has a 52 week low of $11.08 and a 52 week high of $45.33.

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.