Vanguard Group Inc. Has $136.47 Million Stock Holdings in Xometry, Inc. (NASDAQ:XMTR)

Vanguard Group Inc. grew its position in shares of Xometry, Inc. (NASDAQ:XMTR) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,800,370 shares of the company’s stock after acquiring an additional 26,718 shares during the quarter. Vanguard Group Inc. owned 0.08% of Xometry worth $136,471,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Wellington Management Group LLP bought a new stake in shares of Xometry in the fourth quarter worth $21,165,000. Lisanti Capital Growth LLC acquired a new stake in Xometry in the 4th quarter valued at $4,972,000. New York State Common Retirement Fund lifted its position in Xometry by 9.4% during the 4th quarter. New York State Common Retirement Fund now owns 1,093,862 shares of the company’s stock worth $39,281,000 after buying an additional 94,436 shares in the last quarter. Nicholas Investment Partners LP acquired a new position in shares of Xometry during the 4th quarter worth about $2,951,000. Finally, Zevenbergen Capital Investments LLC grew its holdings in shares of Xometry by 39.1% in the 4th quarter. Zevenbergen Capital Investments LLC now owns 199,495 shares of the company’s stock valued at $7,164,000 after acquiring an additional 56,050 shares in the last quarter. Institutional investors and hedge funds own 97.31% of the company’s stock.

Xometry Stock Performance

NASDAQ XMTR opened at $11.73 on Friday. The stock has a market cap of $540.99 million, a PE ratio of -8.62 and a beta of 0.52. The company has a debt-to-equity ratio of 0.88, a quick ratio of 4.30 and a current ratio of 4.34. The firm has a 50-day moving average of $14.78 and a 200-day moving average of $22.06. Xometry, Inc. has a 52-week low of $11.08 and a 52-week high of $38.74.

Xometry (NASDAQ:XMTR) last issued its quarterly earnings data on Thursday, May 9th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.02. Xometry had a negative net margin of 13.68% and a negative return on equity of 15.90%. The firm had revenue of $122.69 million during the quarter, compared to the consensus estimate of $119.00 million. On average, sell-side analysts anticipate that Xometry, Inc. will post -0.99 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently issued reports on XMTR. JMP Securities reiterated a “market outperform” rating and set a $30.00 target price on shares of Xometry in a report on Tuesday, April 23rd. Cantor Fitzgerald started coverage on shares of Xometry in a report on Wednesday, June 5th. They set an “underweight” rating and a $13.00 target price on the stock. UBS Group dropped their price target on shares of Xometry from $22.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 13th. Citigroup lowered their price objective on shares of Xometry from $31.00 to $24.00 and set a “buy” rating on the stock in a research note on Tuesday, May 28th. Finally, Craig Hallum cut their target price on shares of Xometry from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $22.71.

Insider Buying and Selling at Xometry

In other Xometry news, insider Subir Dutt bought 10,000 shares of Xometry stock in a transaction dated Thursday, May 30th. The stock was bought at an average price of $15.55 per share, with a total value of $155,500.00. Following the completion of the transaction, the insider now owns 46,864 shares in the company, valued at approximately $728,735.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 2,286 shares of company stock valued at $27,662 in the last ninety days. 19.23% of the stock is currently owned by corporate insiders.

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.