Xometry, Inc. (NASDAQ:XMTR) COO Sells $16,186.80 in Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 940 shares of the firm’s stock in a transaction that occurred on Thursday, October 3rd. The shares were sold at an average price of $17.22, for a total value of $16,186.80. Following the completion of the sale, the chief operating officer now directly owns 192,419 shares of the company’s stock, valued at $3,313,455.18. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Xometry Trading Down 0.7 %

XMTR traded down $0.12 during trading on Friday, hitting $17.39. 328,613 shares of the stock were exchanged, compared to its average volume of 610,150. The firm has a 50 day simple moving average of $17.60 and a 200 day simple moving average of $16.13. The firm has a market cap of $857.33 million, a price-to-earnings ratio of -12.79 and a beta of 0.57. Xometry, Inc. has a 1 year low of $11.08 and a 1 year high of $38.74. The company has a debt-to-equity ratio of 0.89, a quick ratio of 4.60 and a current ratio of 4.64.

Xometry (NASDAQ:XMTR) last released its quarterly earnings data on Thursday, August 8th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.13. The company had revenue of $132.60 million for the quarter, compared to the consensus estimate of $128.65 million. Xometry had a negative return on equity of 10.75% and a negative net margin of 10.53%. Xometry’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period last year, the business posted ($0.55) EPS. As a group, equities analysts expect that Xometry, Inc. will post -0.81 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in XMTR. nVerses Capital LLC purchased a new position in shares of Xometry in the 2nd quarter valued at $38,000. ProShare Advisors LLC purchased a new position in shares of Xometry in the 2nd quarter valued at $53,000. Point72 Asset Management L.P. purchased a new position in shares of Xometry in the 2nd quarter valued at $55,000. Susquehanna Fundamental Investments LLC purchased a new position in shares of Xometry in the 2nd quarter valued at $129,000. Finally, SG Americas Securities LLC purchased a new position in shares of Xometry in the 3rd quarter valued at $153,000. 97.31% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on XMTR. JMP Securities reaffirmed a “market outperform” rating and issued a $27.00 price objective on shares of Xometry in a research note on Thursday, September 19th. Cantor Fitzgerald lowered their price objective on Xometry from $13.00 to $12.00 and set an “underweight” rating for the company in a research note on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $22.14.

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.