Xometry, Inc. (NASDAQ:XMTR - Get Free Report) Director Emily Rollins sold 3,729 shares of the company's stock in a transaction on Thursday, November 7th. The shares were 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 of the company's stock, valued at approximately $367,356.93. 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 accessible through this link.
Xometry Stock Down 2.6 %
XMTR stock opened at $31.34 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 business's 50 day moving average is $20.02 and its 200-day moving average is $16.95. Xometry, Inc. has a 1-year low of $11.08 and a 1-year high of $38.74.
Institutional Investors Weigh In On Xometry
Institutional investors and hedge funds have recently made changes to their positions in the company. State Board of Administration of Florida Retirement System increased its holdings in shares of Xometry by 22.1% during the first quarter. State Board of Administration of Florida Retirement System now owns 11,840 shares of the company's stock worth $200,000 after buying an additional 2,140 shares in the last quarter. Vanguard Group Inc. increased its holdings in Xometry by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 3,877,346 shares of the company's stock valued at $65,488,000 after purchasing an additional 76,976 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc bought a new position in Xometry in the 1st quarter valued at $169,000. Clearbridge Investments LLC boosted its stake in Xometry by 20.7% in the first quarter. Clearbridge Investments LLC now owns 1,270,631 shares of the company's stock worth $21,461,000 after purchasing an additional 217,939 shares in the last quarter. Finally, Sylebra Capital LLC boosted its stake in Xometry by 1,005.3% in the first quarter. Sylebra Capital LLC now owns 644,262 shares of the company's stock worth $10,882,000 after purchasing an additional 585,971 shares in the last quarter. Institutional investors and hedge funds own 97.31% of the company's stock.
Analysts Set New Price Targets
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Several research firms have recently issued reports on XMTR. The Goldman Sachs Group boosted their price objective on shares of Xometry from $24.00 to $28.00 and gave the stock a "buy" rating in a report on Wednesday, November 6th. Craig Hallum boosted their price target on Xometry from $20.00 to $30.00 and gave the company a "buy" rating in a research note on Wednesday, November 6th. JMP Securities raised their price objective on Xometry from $27.00 to $32.00 and gave the stock a "market outperform" rating in a research report on Friday, October 18th. UBS Group lifted their price objective on Xometry from $20.00 to $22.00 and gave the stock a "neutral" rating in a report on Wednesday, November 6th. Finally, Royal Bank of Canada upped their target price on Xometry from $23.00 to $27.00 and gave the company a "sector perform" rating in a research note on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $26.29.
View Our Latest Analysis on XMTR
Xometry Company Profile
(
Get 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.
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