Key Points
- CFO James Miln sold 599 shares of Xometry on Feb 2 at an average price of $58.98 for $35,329, leaving him with 133,798 shares valued at about $7.89M (a 0.45% reduction).
- Miln has been actively selling recently — including 6,203 shares on Jan 5 at $66.51, 598 shares on Jan 2 at $61.80, and 599 shares on Nov 7 at $62.11 — indicating a pattern of insider selling.
- Analysts are mixed: the consensus rating is "Hold" with an average price target of $57.89, though several firms have raised targets into the $70–$75 range.
Xometry, Inc. (NASDAQ:XMTR - Get Free Report) CFO James Miln sold 599 shares of Xometry stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $58.98, for a total value of $35,329.02. Following the sale, the chief financial officer directly owned 133,798 shares in the company, valued at $7,891,406.04. The trade was a 0.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
James Miln also recently made the following trade(s):
- On Monday, January 5th, James Miln sold 6,203 shares of Xometry stock. The stock was sold at an average price of $66.51, for a total transaction of $412,561.53.
- On Friday, January 2nd, James Miln sold 598 shares of Xometry stock. The stock was sold at an average price of $61.80, for a total transaction of $36,956.40.
- On Friday, November 7th, James Miln sold 599 shares of Xometry stock. The stock was sold at an average price of $62.11, for a total transaction of $37,203.89.
Xometry Trading Down 1.9%
Shares of XMTR opened at $60.70 on Thursday. The company has a current ratio of 3.62, a quick ratio of 3.58 and a debt-to-equity ratio of 1.20. The stock has a market cap of $3.11 billion, a PE ratio of -48.56 and a beta of 0.86. Xometry, Inc. has a 1 year low of $18.59 and a 1 year high of $69.26. The stock has a 50 day simple moving average of $61.61 and a 200-day simple moving average of $53.72.
Xometry (NASDAQ:XMTR - Get Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.11 earnings per share for the quarter, meeting analysts' consensus estimates of $0.11. The firm had revenue of $180.72 million for the quarter, compared to analysts' expectations 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 revenue was up 27.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.02 earnings per share. On average, sell-side analysts predict that Xometry, Inc. will post -0.66 EPS for the current fiscal year.
Analyst Ratings Changes
Several brokerages have weighed in on XMTR. Wedbush upped their price objective on shares of Xometry from $48.00 to $70.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 5th. Citigroup reiterated an "outperform" rating on shares of Xometry in a research report on Wednesday, November 5th. JPMorgan Chase & Co. boosted their target price on Xometry from $55.00 to $70.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 5th. The Goldman Sachs Group raised their target price 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. Finally, JMP Securities set a $75.00 price target on shares of Xometry in a research note on Wednesday, November 5th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $57.89.
Read Our Latest Stock Report on XMTR
Institutional Trading of Xometry
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Quantbot Technologies LP bought a new position in shares of Xometry in the third quarter valued at $30,000. Advisors Asset Management Inc. grew its stake in shares of Xometry by 68.3% in the second quarter. Advisors Asset Management Inc. now owns 1,015 shares of the company's stock valued at $34,000 after acquiring an additional 412 shares in the last quarter. Westend Capital Management LLC bought a new position in shares of Xometry during the third quarter worth approximately $41,000. GAMMA Investing LLC raised its holdings in Xometry by 26.5% in the 4th quarter. GAMMA Investing LLC now owns 773 shares of the company's stock valued at $46,000 after acquiring an additional 162 shares in the last quarter. Finally, Global Retirement Partners LLC bought a new stake in Xometry during the third quarter worth about $47,000. Institutional investors and hedge funds own 97.31% of the company's stock.
About Xometry
(
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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