Susquehanna Fundamental Investments LLC Buys Shares of 11,127 Xometry, Inc. (NASDAQ:XMTR)

Susquehanna Fundamental Investments LLC purchased a new position in shares of Xometry, Inc. (NASDAQ:XMTR) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 11,127 shares of the company’s stock, valued at approximately $129,000.

Other hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP acquired a new position in Xometry during the fourth quarter worth $21,165,000. Sylebra Capital LLC boosted its stake in shares of Xometry by 1,005.3% during the 1st quarter. Sylebra Capital LLC now owns 644,262 shares of the company’s stock worth $10,882,000 after buying an additional 585,971 shares during the last quarter. Bellecapital International Ltd. bought a new position in shares of Xometry in the 2nd quarter valued at about $6,281,000. Clearbridge Investments LLC increased its position in shares of Xometry by 20.7% in the first quarter. Clearbridge Investments LLC now owns 1,270,631 shares of the company’s stock valued at $21,461,000 after acquiring an additional 217,939 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Xometry in the second quarter valued at about $2,013,000. 97.31% of the stock is owned by institutional investors.

Xometry Stock Performance

Shares of NASDAQ XMTR opened at $17.39 on Friday. Xometry, Inc. has a 12 month low of $11.08 and a 12 month high of $38.74. The stock has a 50 day moving average of $17.64 and a 200-day moving average of $16.13. The company has a current ratio of 4.64, a quick ratio of 4.60 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $857.33 million, a P/E ratio of -12.79 and a beta of 0.57.

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

Analysts Set New Price Targets

A number of research firms have weighed in on XMTR. Cantor Fitzgerald decreased their price target on Xometry from $13.00 to $12.00 and set an “underweight” rating for the company in a research note on Friday, August 9th. JMP Securities reissued a “market outperform” rating and issued a $27.00 target price on shares of Xometry in a research note on Thursday, September 19th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $22.14.

Insider Transactions at Xometry

In other news, CTO Matthew Leibel sold 3,400 shares of the stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $18.45, for a total transaction of $62,730.00. Following the transaction, the chief technology officer now owns 82,918 shares in the company, valued at approximately $1,529,837.10. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 19.23% of the company’s stock.

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.