Xometry, Inc. (NASDAQ:XMTR) COO Sells $103,500.00 in Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 3,000 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $34.50, for a total value of $103,500.00. Following the completion of the transaction, the chief operating officer now directly owns 164,993 shares of the company’s stock, valued at approximately $5,692,258.50. The trade was a 1.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Friday, January 3rd, Peter Goguen sold 940 shares of Xometry stock. The shares were sold at an average price of $42.36, for a total value of $39,818.40.
• 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 value 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 Stock Performance

Shares of XMTR stock traded down $0.38 during midday trading on Thursday, hitting $33.77. 419,781 shares of the company were exchanged, compared to its average volume of 732,298. Xometry, Inc. has a 52 week low of $11.08 and a 52 week high of $45.33. The firm has a market capitalization of $1.67 billion, a P/E ratio of -32.16 and a beta of 0.70. The firm’s 50 day moving average price is $35.23 and its two-hundred day moving average price is $23.65. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.55 and a current ratio of 4.59.

Institutional Trading of Xometry

Several hedge funds and other institutional investors have recently bought and sold shares of XMTR. Raymond James & Associates increased its holdings in shares of Xometry by 0.6% during the third quarter. Raymond James & Associates now owns 287,986 shares of the company’s stock worth $5,290,000 after purchasing an additional 1,586 shares during the period. Sei Investments Co. raised its holdings in Xometry by 0.8% in the 2nd quarter. Sei Investments Co. now owns 214,048 shares of the company’s stock valued at $2,474,000 after acquiring an additional 1,708 shares in the last quarter. US Bancorp DE raised its holdings in Xometry by 57.7% in the 3rd quarter. US Bancorp DE now owns 5,570 shares of the company’s stock valued at $102,000 after acquiring an additional 2,037 shares in the last quarter. State Street Corp lifted its position in shares of Xometry by 0.3% during the 3rd quarter. State Street Corp now owns 887,139 shares of the company’s stock valued at $16,297,000 after acquiring an additional 3,027 shares during the period. Finally, Rhumbline Advisers lifted its position in shares of Xometry by 6.8% in the 2nd quarter. Rhumbline Advisers now owns 58,002 shares of the company’s stock worth $670,000 after purchasing an additional 3,690 shares during the period. Institutional investors and hedge funds own 97.31% of the company’s stock.

Analyst Ratings Changes

XMTR has been the topic of a number of recent research reports. The Goldman Sachs Group lifted their target price on Xometry from $24.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. UBS Group boosted their price target on Xometry from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Royal Bank of Canada increased their price objective on Xometry from $27.00 to $40.00 and gave the company a “sector perform” rating in a report on Friday, January 3rd. Citigroup raised their target price on shares of Xometry from $25.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $42.00 price target on shares of Xometry in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average 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.