Xometry, Inc. (NASDAQ:XMTR - Get Free Report) CEO Randolph Altschuler sold 9,331 shares of the firm's stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $25.16, for a total value of $234,767.96. Following the completion of the sale, the chief executive officer now owns 328,934 shares in the company, valued at $8,275,979.44. The trade was a 2.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Randolph Altschuler also recently made the following trade(s):
- On Friday, February 28th, Randolph Altschuler sold 27,566 shares of Xometry stock. The stock was sold at an average price of $26.60, for a total transaction of $733,255.60.
Xometry Stock Down 7.8 %
XMTR opened at $19.98 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.55 and a current ratio of 4.59. The company has a market capitalization of $1.01 billion, a PE ratio of -19.03 and a beta of 0.69. The stock's fifty day moving average is $29.56 and its 200-day moving average is $29.16. Xometry, Inc. has a one year low of $11.08 and a one year high of $45.33.
Institutional Investors Weigh In On Xometry
Several hedge funds and other institutional investors have recently bought and sold shares of XMTR. Global Retirement Partners LLC bought a new position in shares of Xometry during the 4th quarter valued at about $27,000. Canada Pension Plan Investment Board acquired a new stake in Xometry during the fourth quarter valued at approximately $38,000. Comerica Bank boosted its holdings in Xometry by 195.1% during the fourth quarter. Comerica Bank now owns 1,133 shares of the company's stock worth $48,000 after buying an additional 749 shares in the last quarter. CoreCap Advisors LLC acquired a new position in Xometry in the fourth quarter worth approximately $51,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Xometry in the fourth quarter valued at $73,000. 97.31% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on XMTR. Royal Bank of Canada boosted their target price on shares of Xometry from $27.00 to $40.00 and gave the company a "sector perform" rating in a research note on Friday, January 3rd. JMP Securities reiterated a "market outperform" rating and set a $42.00 price objective on shares of Xometry in a research report on Monday, February 10th. JPMorgan Chase & Co. raised Xometry from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $25.00 to $45.00 in a report on Wednesday, December 18th. Wedbush reaffirmed an "outperform" rating and set a $48.00 target price on shares of Xometry in a research note on Friday, December 20th. Finally, UBS Group increased their price target on Xometry from $22.00 to $33.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $36.11.
Read Our Latest Research Report 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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