Xometry, Inc. (NASDAQ:XMTR) Shares Sold by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC reduced its position in shares of Xometry, Inc. (NASDAQ:XMTR - Free Report) by 75.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 50,080 shares of the company's stock after selling 157,335 shares during the period. Lisanti Capital Growth LLC owned 0.10% of Xometry worth $1,248,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. First Trust Advisors LP boosted its stake in Xometry by 2,144.2% during the fourth quarter. First Trust Advisors LP now owns 817,475 shares of the company's stock worth $34,873,000 after buying an additional 781,049 shares during the period. Ameriprise Financial Inc. raised its position in Xometry by 225.7% in the fourth quarter. Ameriprise Financial Inc. now owns 852,813 shares of the company's stock valued at $36,381,000 after purchasing an additional 590,974 shares during the period. Lord Abbett & CO. LLC acquired a new position in Xometry during the fourth quarter worth $17,623,000. Driehaus Capital Management LLC purchased a new position in shares of Xometry during the fourth quarter worth $16,551,000. Finally, Polar Capital Holdings Plc acquired a new stake in shares of Xometry in the fourth quarter valued at $14,070,000. 97.31% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

XMTR has been the topic of a number of recent research reports. Cantor Fitzgerald upped their target price on shares of Xometry from $20.00 to $21.00 and gave the stock an "underweight" rating in a research note on Wednesday, May 7th. JPMorgan Chase & Co. raised their price objective on shares of Xometry from $36.00 to $38.00 and gave the company an "overweight" rating in a report on Tuesday, June 3rd. The Goldman Sachs Group lifted their price objective on shares of Xometry from $30.00 to $33.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Royal Bank Of Canada increased their target price on Xometry from $32.00 to $36.00 and gave the company a "sector perform" rating in a report on Wednesday, May 7th. Finally, UBS Group upped their price objective on Xometry from $33.00 to $35.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 7th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, Xometry presently has a consensus rating of "Moderate Buy" and an average price target of $35.78.

Xometry Trading Up 0.3%

Shares of Xometry stock traded up $0.11 during trading hours on Monday, reaching $33.74. 93,010 shares of the company's stock were exchanged, compared to its average volume of 607,480. The company has a fifty day moving average of $31.33 and a 200-day moving average of $31.31. The company has a current ratio of 3.74, a quick ratio of 3.70 and a debt-to-equity ratio of 0.91. Xometry, Inc. has a 52-week low of $11.08 and a 52-week high of $45.33. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of -34.10 and a beta of 0.84.

Insider Buying and Selling

In other Xometry news, Director Emily Rollins sold 2,000 shares of the business's stock in a transaction on Monday, April 7th. The shares were sold at an average price of $20.66, for a total value of $41,320.00. Following the transaction, the director now owns 16,146 shares in the company, valued at $333,576.36. The trade was a 11.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO James Miln sold 1,346 shares of Xometry stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $25.13, for a total value of $33,824.98. Following the sale, the chief financial officer now owns 144,713 shares in the company, valued at $3,636,637.69. This represents a 0.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 23,658 shares of company stock valued at $641,813. 9.66% of the stock is currently owned by company 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.