Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen Sells 3,000 Shares of Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 3,000 shares of Xometry stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $35.57, for a total value of $106,710.00. Following the completion of the sale, the chief operating officer now owns 161,993 shares in the company, valued at approximately $5,762,091.01. The trade was a 1.82 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Wednesday, January 15th, Peter Goguen sold 3,000 shares of Xometry stock. The stock was sold at an average price of $34.50, for a total value of $103,500.00.
• 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 stock was sold at an average price of $40.08, for a total transaction of $39,518.88.

Xometry Trading Up 0.9 %

Shares of XMTR stock opened at $35.34 on Thursday. Xometry, Inc. has a 1-year low of $11.08 and a 1-year high of $45.33. The firm has a market cap of $1.75 billion, a PE ratio of -33.66 and a beta of 0.65. The company has a 50-day moving average of $36.64 and a two-hundred day moving average of $26.58. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.59 and a quick ratio of 4.55.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on XMTR shares. Citigroup boosted their price target on shares of Xometry from $25.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Royal Bank of Canada upped their price target on Xometry from $27.00 to $40.00 and gave the company a “sector perform” rating in a research report on Friday, January 3rd. JPMorgan Chase & Co. upgraded Xometry from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $25.00 to $45.00 in a research report on Wednesday, December 18th. The Goldman Sachs Group boosted their price objective on Xometry from $24.00 to $28.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $42.00 target price on shares of Xometry in a research note on Monday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Xometry currently has an average rating of “Moderate Buy” and a consensus price target of $33.33.

Hedge Funds Weigh In On Xometry

Hedge funds have recently bought and sold shares of the company. Barclays PLC grew its position in Xometry by 360.9% in the 3rd quarter. Barclays PLC now owns 68,951 shares of the company’s stock valued at $1,266,000 after acquiring an additional 53,991 shares in the last quarter. Weiss Asset Management LP purchased a new position in shares of Xometry in the third quarter valued at approximately $1,586,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Xometry in the third quarter valued at approximately $355,000. Versor Investments LP acquired a new position in shares of Xometry in the third quarter valued at approximately $411,000. Finally, Primecap Management Co. CA increased its stake in Xometry by 1.7% during the 3rd quarter. Primecap Management Co. CA now owns 6,918,252 shares of the company’s stock worth $127,088,000 after buying an additional 113,264 shares during the period. Institutional investors and hedge funds own 97.31% of the company’s stock.

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.