Xometry, Inc. (NASDAQ:XMTR) Director Sells $109,968.21 in Stock

Xometry, Inc. (NASDAQ:XMTR) Director Emily Rollins sold 3,729 shares of Xometry stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $29.49, for a total transaction of $109,968.21. Following the completion of the transaction, the director now directly owns 12,457 shares in the company, valued at $367,356.93. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Xometry Price Performance

XMTR stock opened at $30.95 on Thursday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.55 and a current ratio of 4.59. The firm has a 50 day simple moving average of $20.28 and a 200 day simple moving average of $17.04. Xometry, Inc. has a 52 week low of $11.08 and a 52 week high of $38.74.

Institutional Trading of Xometry

Several hedge funds and other institutional investors have recently modified their holdings of XMTR. FMR LLC increased its position in Xometry by 40.2% in the 3rd quarter. FMR LLC now owns 4,078,462 shares of the company’s stock worth $74,921,000 after purchasing an additional 1,169,778 shares during the last quarter. Sylebra Capital LLC lifted its stake in Xometry by 134.2% in the second quarter. Sylebra Capital LLC now owns 1,508,716 shares of the company’s stock valued at $17,441,000 after acquiring an additional 864,454 shares during the last quarter. Bellecapital International Ltd. bought a new stake in Xometry in the second quarter worth approximately $6,281,000. Clearbridge Investments LLC increased its stake in shares of Xometry by 20.7% during the 1st quarter. Clearbridge Investments LLC now owns 1,270,631 shares of the company’s stock worth $21,461,000 after purchasing an additional 217,939 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Xometry during the 2nd quarter valued at $2,013,000. 97.31% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on XMTR shares. Cantor Fitzgerald restated an “underweight” rating and issued a $12.00 price target on shares of Xometry in a research report on Wednesday, November 6th. JMP Securities upped their target price on Xometry from $27.00 to $32.00 and gave the company a “market outperform” rating in a report on Friday, October 18th. Craig Hallum boosted their price objective on Xometry from $20.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Citigroup raised their target price on shares of Xometry from $25.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Finally, UBS Group boosted their price target on shares of Xometry from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $26.29.

About Xometry

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.