Peter Goguen Sells 940 Shares of Xometry, Inc. (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 940 shares of the company’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $42.36, for a total value of $39,818.40. Following the transaction, the chief operating officer now directly owns 167,993 shares in the company, valued at $7,116,183.48. This represents a 0.56 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Peter Goguen also recently made the following trade(s):

• On Wednesday, December 18th, Peter Goguen sold 986 shares of Xometry stock. The shares were sold at an average price of $40.08, for a total transaction of $39,518.88.
• On Monday, November 11th, Peter Goguen sold 5,000 shares of Xometry stock. The stock was sold at an average price of $32.00, for a total transaction of $160,000.00.
• On Thursday, November 7th, Peter Goguen sold 12,000 shares of Xometry stock. The shares were sold at an average price of $29.55, for a total transaction of $354,600.00.

Xometry Price Performance

Shares of NASDAQ:XMTR opened at $38.97 on Wednesday. The company’s fifty day moving average price is $33.90 and its 200-day moving average price is $22.78. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.59 and a quick ratio of 4.55. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of -37.11 and a beta of 0.70. Xometry, Inc. has a one year low of $11.08 and a one year high of $45.33.

Institutional Investors Weigh In On Xometry

Large investors have recently added to or reduced their stakes in the company. Weiss Asset Management LP bought a new position in shares of Xometry during the 3rd quarter valued at about $1,586,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Xometry during the third quarter valued at approximately $355,000. Versor Investments LP purchased a new position in shares of Xometry during the third quarter worth approximately $411,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of Xometry by 191.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 216,700 shares of the company’s stock worth $3,981,000 after acquiring an additional 142,262 shares during the last quarter. Finally, Primecap Management Co. CA boosted its stake in shares of Xometry by 1.7% in the 3rd quarter. Primecap Management Co. CA now owns 6,918,252 shares of the company’s stock valued at $127,088,000 after purchasing an additional 113,264 shares in the last quarter. Hedge funds and other institutional investors own 97.31% of the company’s stock.

Analyst Ratings Changes

XMTR has been the topic of several recent research reports. UBS Group increased their target price on Xometry from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. JMP Securities reissued a “market outperform” rating and set a $42.00 price objective on shares of Xometry in a report on Monday, December 16th. JPMorgan Chase & Co. raised Xometry from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $25.00 to $45.00 in a report on Wednesday, December 18th. Wedbush reissued an “outperform” rating and issued a $48.00 price target on shares of Xometry in a report on Friday, December 20th. Finally, Craig Hallum boosted their price objective on shares of Xometry from $20.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.33.

Xometry Company Profile

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.