Xometry, Inc. (NASDAQ:XMTR - Get Free Report) Director Katharine Weymouth bought 1,215 shares of the stock in a transaction dated Friday, February 27th. The stock was bought at an average price of $41.15 per share, with a total value of $49,997.25. Following the purchase, the director owned 3,615 shares of the company's stock, valued at approximately $148,757.25. This represents a 50.63% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Xometry Stock Performance
Xometry stock opened at $41.99 on Tuesday. The firm has a market capitalization of $2.15 billion, a PE ratio of -34.42 and a beta of 0.91. Xometry, Inc. has a one year low of $18.59 and a one year high of $73.87. The stock's 50 day moving average price is $60.20 and its 200 day moving average price is $56.10. The company has a debt-to-equity ratio of 1.18, a quick ratio of 3.72 and a current ratio of 3.76.
Xometry (NASDAQ:XMTR - Get Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.04. Xometry had a negative net margin of 8.99% and a negative return on equity of 5.49%. The company had revenue of $192.40 million for the quarter, compared to analyst estimates of $183.37 million. During the same quarter last year, the firm posted $0.06 earnings per share. The business's quarterly revenue was up 29.5% on a year-over-year basis. As a group, sell-side analysts expect that Xometry, Inc. will post -0.66 EPS for the current fiscal year.
Wall Street Analyst Weigh In
XMTR has been the subject of a number of analyst reports. Wedbush decreased their price objective on shares of Xometry from $70.00 to $60.00 and set an "outperform" rating for the company in a research report on Wednesday, February 25th. The Goldman Sachs Group boosted their price target on Xometry from $49.00 to $56.00 and gave the stock a "neutral" rating in a research note on Wednesday, November 5th. Weiss Ratings restated a "sell (e+)" rating on shares of Xometry in a research note on Wednesday, January 21st. Royal Bank Of Canada dropped their price objective on Xometry from $64.00 to $55.00 and set a "sector perform" rating on the stock in a report on Wednesday, February 25th. Finally, Zacks Research cut Xometry from a "hold" rating to a "strong sell" rating in a research note on Friday, January 30th. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $62.00.
Check Out Our Latest Stock Analysis on Xometry
Institutional Trading of Xometry
Several hedge funds and other institutional investors have recently bought and sold shares of XMTR. Hood River Capital Management LLC increased its stake in shares of Xometry by 29.7% in the second quarter. Hood River Capital Management LLC now owns 404,853 shares of the company's stock valued at $13,680,000 after purchasing an additional 92,741 shares during the period. Peregrine Investment Management Inc. acquired a new stake in Xometry in the 3rd quarter valued at approximately $4,358,000. Squarepoint Ops LLC raised its stake in Xometry by 33.9% during the 2nd quarter. Squarepoint Ops LLC now owns 183,799 shares of the company's stock valued at $6,211,000 after acquiring an additional 46,502 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Xometry by 246.4% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 132,038 shares of the company's stock worth $7,192,000 after acquiring an additional 93,917 shares during the period. Finally, Zweig DiMenna Associates LLC bought a new position in shares of Xometry in the second quarter worth $1,605,000. 97.31% of the stock is owned by institutional investors.
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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