Key Points
- Xometry President Sanjeev Singh Sahni sold 26,190 shares on Jan. 8 at an average price of $65.47 for about $1.71M, trimming his position by 29.32% to 63,130 shares valued at roughly $4.13M; he also sold 4,446 shares on Jan. 5 at $66.57.
- Xometry has a $3.22B market cap and a 52‑week range of $18.59–$69.26; the company reported revenue of $180.7M (up 27.5% YoY) and EPS of $0.11 last quarter, while analysts’ consensus is a "Hold" with an average target of $57.89 (5 Buy, 4 Hold, 1 Sell).
Xometry, Inc. (NASDAQ:XMTR - Get Free Report) President Sanjeev Singh Sahni sold 26,190 shares of the firm's stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $65.47, for a total value of $1,714,659.30. Following the completion of the transaction, the president owned 63,130 shares of the company's stock, valued at $4,133,121.10. The trade was a 29.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Sanjeev Singh Sahni also recently made the following trade(s):
- On Monday, January 5th, Sanjeev Singh Sahni sold 4,446 shares of Xometry stock. The stock was sold at an average price of $66.57, for a total value of $295,970.22.
Xometry Stock Performance
Shares of NASDAQ XMTR opened at $62.89 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 3.58 and a current ratio of 3.62. The stock has a 50 day moving average price of $60.74 and a 200 day moving average price of $50.07. The stock has a market capitalization of $3.22 billion, a PE ratio of -50.31 and a beta of 0.86. Xometry, Inc. has a 52 week low of $18.59 and a 52 week high of $69.26.
Xometry (NASDAQ:XMTR - Get Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.11 earnings per share for the quarter, hitting the consensus estimate of $0.11. The firm had revenue of $180.72 million for the quarter, compared to analyst estimates of $168.25 million. Xometry had a negative return on equity of 6.59% and a negative net margin of 9.80%.The business's quarterly revenue was up 27.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.02 EPS. Analysts predict that Xometry, Inc. will post -0.66 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of analysts have commented on the stock. The Goldman Sachs Group increased their price target on shares of Xometry from $49.00 to $56.00 and gave the company a "neutral" rating in a research note on Wednesday, November 5th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Xometry in a report on Wednesday, October 8th. Citigroup reiterated an "outperform" rating on shares of Xometry in a research note on Wednesday, November 5th. Cantor Fitzgerald boosted their price target on Xometry from $41.00 to $60.00 and gave the stock a "neutral" rating in a research report on Wednesday, November 5th. Finally, Citizens Jmp upped their price objective on Xometry from $65.00 to $75.00 and gave the company a "market outperform" rating in a research note on Wednesday, November 5th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $57.89.
Read Our Latest Research Report on XMTR
Institutional Trading of Xometry
Several hedge funds and other institutional investors have recently modified their holdings of XMTR. Hood River Capital Management LLC boosted its holdings in shares of Xometry by 29.7% during the second quarter. Hood River Capital Management LLC now owns 404,853 shares of the company's stock worth $13,680,000 after acquiring an additional 92,741 shares during the period. LVW Advisors LLC bought a new position in shares of Xometry during the second quarter worth approximately $388,000. Squarepoint Ops LLC increased its stake in shares of Xometry by 33.9% during the second quarter. Squarepoint Ops LLC now owns 183,799 shares of the company's stock worth $6,211,000 after purchasing an additional 46,502 shares during the period. Sheets Smith Investment Management acquired a new stake in Xometry during the 1st quarter worth approximately $347,000. Finally, Zweig DiMenna Associates LLC bought a new stake in Xometry in the 2nd quarter valued at $1,605,000. Institutional investors own 97.31% of the company's stock.
Xometry Company Profile
(
Get Free Report)
Xometry, Inc (NASDAQ: XMTR) operates a technology-driven marketplace that connects businesses with on-demand manufacturing capacity across a wide array of processes. Through its proprietary Instant Quoting Engine and Xometry Platform, the company streamlines sourcing for CNC machining, 3D printing, sheet metal fabrication, injection molding, urethane casting and other custom manufacturing services. By aggregating a network of thousands of vetted suppliers, Xometry offers rapid lead times, transparent pricing and real-time order tracking to customers in sectors ranging from automotive and aerospace to medical devices and industrial equipment.
Since its founding in 2013 and headquarters in Rockville, Maryland, Xometry has expanded its geographic reach to serve customers in North America, Europe and beyond.
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