Xometry, Inc. (NASDAQ:XMTR) Holdings Lifted by US Bancorp DE

US Bancorp DE grew its holdings in shares of Xometry, Inc. (NASDAQ:XMTR) by 57.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,570 shares of the company’s stock after buying an additional 2,037 shares during the period. US Bancorp DE’s holdings in Xometry were worth $102,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. nVerses Capital LLC acquired a new stake in Xometry in the second quarter worth about $38,000. ProShare Advisors LLC bought a new position in shares of Xometry in the second quarter valued at approximately $53,000. Point72 Asset Management L.P. acquired a new position in shares of Xometry during the second quarter valued at approximately $55,000. Susquehanna Fundamental Investments LLC bought a new stake in Xometry during the second quarter worth approximately $129,000. Finally, SG Americas Securities LLC acquired a new stake in Xometry in the third quarter worth approximately $153,000. 97.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

XMTR has been the topic of several research analyst reports. JMP Securities lifted their price target on Xometry from $34.00 to $42.00 and gave the company a “market outperform” rating in a research report on Thursday. Citigroup lifted their target price on Xometry from $25.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Cantor Fitzgerald reissued an “underweight” rating and issued a $12.00 price target on shares of Xometry in a report on Wednesday, November 6th. Craig Hallum raised their price objective on shares of Xometry from $20.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Finally, UBS Group boosted their target price on shares of Xometry from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $27.71.

Xometry Trading Down 1.7 %

NASDAQ:XMTR opened at $29.09 on Friday. The stock has a fifty day simple moving average of $20.98 and a 200 day simple moving average of $17.30. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of -27.70 and a beta of 0.55. Xometry, Inc. has a 1-year low of $11.08 and a 1-year high of $38.74. The company has a quick ratio of 4.55, a current ratio of 4.59 and a debt-to-equity ratio of 0.90.

Insider Buying and Selling at Xometry

In other news, CTO Matthew Leibel sold 16,564 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $30.08, for a total transaction of $498,245.12. Following the sale, the chief technology officer now owns 77,856 shares in the company, valued at $2,341,908.48. The trade was a 17.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Peter Goguen sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $32.00, for a total transaction of $160,000.00. Following the completion of the sale, the chief operating officer now owns 175,419 shares of the company’s stock, valued at approximately $5,613,408. This trade represents a 2.77 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 41,633 shares of company stock valued at $1,201,730. 16.79% of the stock is currently owned by corporate insiders.

Xometry 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.