XTX Topco Ltd Takes $726,000 Position in Xometry, Inc. (NASDAQ:XMTR)

XTX Topco Ltd acquired a new position in Xometry, Inc. (NASDAQ:XMTR - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 29,129 shares of the company's stock, valued at approximately $726,000. XTX Topco Ltd owned 0.06% of Xometry at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of XMTR. Federated Hermes Inc. lifted its holdings in shares of Xometry by 264.2% during the first quarter. Federated Hermes Inc. now owns 37,271 shares of the company's stock valued at $929,000 after purchasing an additional 27,036 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Xometry by 18.6% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,777 shares of the company's stock valued at $219,000 after purchasing an additional 1,376 shares during the last quarter. Baillie Gifford & Co. lifted its holdings in shares of Xometry by 2.5% during the first quarter. Baillie Gifford & Co. now owns 728,281 shares of the company's stock valued at $18,149,000 after purchasing an additional 18,085 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Xometry during the first quarter valued at approximately $975,000. Finally, CWM LLC lifted its holdings in shares of Xometry by 825.6% during the first quarter. CWM LLC now owns 1,555 shares of the company's stock valued at $39,000 after purchasing an additional 1,387 shares during the last quarter. 97.31% of the stock is currently owned by hedge funds and other institutional investors.

Xometry Stock Performance

NASDAQ:XMTR traded down $1.06 during trading hours on Friday, reaching $42.02. The company had a trading volume of 290,969 shares, compared to its average volume of 712,109. The company has a current ratio of 3.91, a quick ratio of 3.70 and a debt-to-equity ratio of 1.20. Xometry, Inc. has a 52 week low of $14.68 and a 52 week high of $47.46. The firm has a market cap of $2.13 billion, a price-to-earnings ratio of -34.31 and a beta of 0.83. The firm's 50 day moving average price is $33.92 and its 200-day moving average price is $30.56.

Xometry (NASDAQ:XMTR - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.09 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.04. Xometry had a negative net margin of 10.20% and a negative return on equity of 6.79%. The business had revenue of $162.55 million during the quarter, compared to the consensus estimate of $156.53 million. During the same quarter in the previous year, the firm posted ($0.01) EPS. The firm's revenue was up 22.6% on a year-over-year basis. On average, analysts forecast that Xometry, Inc. will post -0.66 EPS for the current year.

Insider Buying and Selling

In other Xometry news, CEO Randolph Altschuler sold 9,332 shares of Xometry stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $32.39, for a total value of $302,263.48. Following the completion of the sale, the chief executive officer owned 319,602 shares of the company's stock, valued at approximately $10,351,908.78. The trade was a 2.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 9.66% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on XMTR shares. Royal Bank Of Canada lifted their target price on shares of Xometry from $32.00 to $36.00 and gave the company a "sector perform" rating in a report on Wednesday, May 7th. JMP Securities lifted their target price on shares of Xometry from $45.00 to $50.00 and gave the company a "market outperform" rating in a report on Wednesday. The Goldman Sachs Group lifted their target price on shares of Xometry from $33.00 to $42.00 and gave the company a "buy" rating in a report on Wednesday. Citigroup reiterated an "outperform" rating on shares of Xometry in a report on Friday, July 11th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Xometry from $36.00 to $38.00 and gave the stock an "overweight" rating in a report on Tuesday, June 3rd. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $40.44.

Xometry 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.