Xometry, Inc. (NASDAQ:XMTR) CTO Sells $498,245.12 in Stock

Xometry, Inc. (NASDAQ:XMTR) CTO Matthew Leibel sold 16,564 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $30.08, for a total value of $498,245.12. Following the completion of the sale, the chief technology officer now owns 77,856 shares of the company’s stock, valued at $2,341,908.48. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Matthew Leibel also recently made the following trade(s):

• On Friday, September 13th, Matthew Leibel sold 3,400 shares of Xometry stock. The shares were sold at an average price of $18.45, for a total transaction of $62,730.00.

Xometry Stock Performance

Shares of Xometry stock opened at $30.95 on Thursday. The business’s 50 day moving average price is $20.28 and its 200 day moving average price is $17.04. The company has a current ratio of 4.59, a quick ratio of 4.55 and a debt-to-equity ratio of 0.90. Xometry, Inc. has a one year low of $11.08 and a one year high of $38.74.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on XMTR. Craig Hallum increased their price objective on shares of Xometry from $20.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Royal Bank of Canada raised their price target on shares of Xometry from $23.00 to $27.00 and gave the company a “sector perform” rating in a research note on Wednesday, November 6th. UBS Group boosted their price objective on Xometry from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. JMP Securities raised their target price on Xometry from $27.00 to $32.00 and gave the company a “market outperform” rating in a research report on Friday, October 18th. Finally, The Goldman Sachs Group boosted their price target on Xometry from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $26.29.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. nVerses Capital LLC purchased a new stake in shares of Xometry in the second quarter valued at about $38,000. ProShare Advisors LLC acquired a new position in Xometry in the 2nd quarter valued at about $53,000. Point72 Asset Management L.P. purchased a new stake in shares of Xometry in the 2nd quarter valued at approximately $55,000. US Bancorp DE increased its holdings in shares of Xometry by 57.7% during the 3rd quarter. US Bancorp DE now owns 5,570 shares of the company’s stock worth $102,000 after buying an additional 2,037 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of Xometry during the 3rd quarter worth approximately $153,000. Hedge funds and other institutional investors own 97.31% of the company’s stock.

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.