Xometry, Inc. (NASDAQ:XMTR - Get Free Report) Director Katharine Weymouth sold 5,000 shares of the firm's stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $94.30, for a total transaction of $471,500.00. Following the transaction, the director directly owned 35,345 shares in the company, valued at $3,333,033.50. This represents a 12.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Katharine Weymouth also recently made the following trade(s):
- On Monday, August 31st, Katharine Weymouth sold 5,000 shares of Xometry stock. The shares were sold at an average price of $95.23, for a total value of $476,150.00.
Xometry Trading Down 1.5%
Shares of NASDAQ:XMTR opened at $92.69 on Tuesday. The business's 50 day simple moving average is $91.57 and its 200 day simple moving average is $71.45. Xometry, Inc. has a 1 year low of $35.86 and a 1 year high of $106.08. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.21 and a quick ratio of 3.20. The company has a market capitalization of $4.80 billion, a P/E ratio of -154.48 and a beta of 1.30.
Xometry (NASDAQ:XMTR - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.01. The firm had revenue of $229.28 million during the quarter, compared to analysts' expectations of $215.22 million. Xometry had a negative return on equity of 2.88% and a negative net margin of 3.82%.The company's quarterly revenue was up 41.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.09 EPS. On average, research analysts anticipate that Xometry, Inc. will post -0.01 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the stock. Citigroup increased their price objective on shares of Xometry from $98.00 to $110.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Royal Bank Of Canada upped their price target on shares of Xometry from $85.00 to $100.00 and gave the stock a "sector perform" rating in a report on Wednesday, August 5th. UBS Group increased their price target on shares of Xometry from $88.00 to $95.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 5th. Cantor Fitzgerald lifted their price objective on shares of Xometry from $85.00 to $110.00 and gave the company an "overweight" rating in a research note on Wednesday, August 5th. Finally, The Goldman Sachs Group upped their target price on Xometry from $78.00 to $104.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $108.33.
Get Our Latest Stock Report on Xometry
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System lifted its holdings in shares of Xometry by 9,368.5% in the second quarter. California State Teachers Retirement System now owns 4,901,865 shares of the company's stock worth $473,128,000 after acquiring an additional 4,850,095 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Xometry by 54.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,964,909 shares of the company's stock valued at $107,029,000 after purchasing an additional 690,558 shares during the last quarter. First Trust Advisors LP increased its position in Xometry by 9.2% during the 4th quarter. First Trust Advisors LP now owns 1,576,075 shares of the company's stock worth $93,729,000 after purchasing an additional 132,792 shares in the last quarter. Wellington Management Group LLP increased its position in Xometry by 26.9% during the 2nd quarter. Wellington Management Group LLP now owns 1,322,581 shares of the company's stock worth $127,656,000 after purchasing an additional 280,491 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. bought a new position in Xometry in the 4th quarter valued at approximately $76,393,000. 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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