Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen Sells 940 Shares

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 940 shares of Xometry stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $11.76, for a total value of $11,054.40. Following the completion of the transaction, the chief operating officer now owns 194,345 shares in the company, valued at $2,285,497.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Thursday, June 20th, Peter Goguen sold 986 shares of Xometry stock. The shares were sold at an average price of $12.55, for a total value of $12,374.30.
• On Thursday, April 4th, Peter Goguen sold 940 shares of Xometry stock. The stock was sold at an average price of $18.13, for a total value of $17,042.20.

Xometry Stock Up 0.6 %

Shares of NASDAQ:XMTR opened at $11.73 on Friday. The business has a fifty day simple moving average of $14.78 and a 200 day simple moving average of $22.06. The company has a current ratio of 4.34, a quick ratio of 4.30 and a debt-to-equity ratio of 0.88. Xometry, Inc. has a 1 year low of $11.08 and a 1 year high of $38.74.

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

Institutional Trading of Xometry

Large investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP acquired a new stake in shares of Xometry in the 4th quarter valued at $21,165,000. Sylebra Capital LLC lifted its position in shares of Xometry by 1,005.3% in the first quarter. Sylebra Capital LLC now owns 644,262 shares of the company’s stock worth $10,882,000 after buying an additional 585,971 shares during the last quarter. Clearbridge Investments LLC boosted 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 acquiring an additional 217,939 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Xometry by 4.5% during the 3rd quarter. Vanguard Group Inc. now owns 3,773,652 shares of the company’s stock valued at $64,077,000 after acquiring an additional 161,226 shares during the last quarter. Finally, Lisanti Capital Growth LLC bought a new position in shares of Xometry in the 4th quarter valued at approximately $4,972,000. 97.31% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on XMTR shares. Cantor Fitzgerald started coverage on shares of Xometry in a report on Wednesday, June 5th. They issued an “underweight” rating and a $13.00 target price for the company. Citigroup reduced their price target on shares of Xometry from $31.00 to $24.00 and set a “buy” rating for the company in a research report on Tuesday, May 28th. JMP Securities reiterated a “market outperform” rating and set a $30.00 price objective on shares of Xometry in a research report on Tuesday, April 23rd. UBS Group reduced their target price on Xometry from $22.00 to $21.00 and set a “neutral” rating for the company in a report on Wednesday, March 13th. Finally, Craig Hallum lowered their price target on Xometry from $23.00 to $20.00 and set a “buy” rating on the stock in a report 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 assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $22.71.

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.