Xometry, Inc. $XMTR Shares Bought by Next Century Growth Investors LLC

Key Points

• Next Century Growth Investors LLC increased its stake in Xometry, Inc. by 194.1%, acquiring an additional 438,393 shares to reach a total of 664,292 shares.
• Xometry reported a revenue increase of 22.6% year-over-year, with quarterly earnings exceeding analyst estimates by $0.04, resulting in an EPS of $0.09.
• Multiple institutional investors, including Federated Hermes Inc. and GAMMA Investing LLC, significantly raised their positions in Xometry, indicating strong institutional interest with 97.31% of the stock owned by institutional investors.

Next Century Growth Investors LLC grew its holdings in shares of Xometry, Inc. (NASDAQ:XMTR - Free Report) by 194.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 664,292 shares of the company's stock after purchasing an additional 438,393 shares during the quarter. Xometry comprises approximately 1.5% of Next Century Growth Investors LLC's portfolio, making the stock its 21st biggest holding. Next Century Growth Investors LLC owned 1.32% of Xometry worth $16,554,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Ameriprise Financial Inc. raised its stake 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 in the last quarter. Nuveen LLC bought a new position in shares of Xometry in the first quarter worth approximately $14,639,000. Driehaus Capital Management LLC bought a new position in Xometry during the 4th quarter valued at approximately $16,551,000. Polar Capital Holdings Plc bought a new position in Xometry during the 4th quarter valued at approximately $14,070,000. Finally, Marathon Partners Equity Management LLC bought a new stake in Xometry in the fourth quarter valued at $10,857,000. 97.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

XMTR has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their price target 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 upped their price target on shares of Xometry from $33.00 to $42.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Royal Bank Of Canada raised their price target 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 increased their price objective on shares of Xometry from $45.00 to $50.00 and gave the stock a "market outperform" rating in a research note on Wednesday, August 6th. Finally, Citigroup reissued an "outperform" rating on shares of Xometry in a report on Friday, July 11th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Xometry presently has a consensus rating of "Moderate Buy" and a consensus price target of $40.44.

Insider Buying and Selling at Xometry

In other news, CEO Randolph Altschuler sold 9,332 shares of the business's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $32.39, for a total transaction of $302,263.48. Following the sale, the chief executive officer owned 319,602 shares in the company, valued at approximately $10,351,908.78. The trade was a 2.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 9.66% of the company's stock.

Xometry Stock Down 0.8%

Shares of Xometry stock traded down $0.41 during trading on Friday, hitting $49.48. 444,444 shares of the stock traded hands, compared to its average volume of 1,073,769. The stock's fifty day simple moving average is $38.31 and its 200 day simple moving average is $31.90. Xometry, Inc. has a 52-week low of $16.11 and a 52-week high of $51.26. The company has a current ratio of 3.91, a quick ratio of 3.85 and a debt-to-equity ratio of 1.20. The firm has a market cap of $2.51 billion, a P/E ratio of -40.23 and a beta of 0.83.

Xometry (NASDAQ:XMTR - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.04. Xometry had a negative return on equity of 6.79% and a negative net margin of 10.20%.The company had revenue of $162.55 million for the quarter, compared to analyst estimates of $156.53 million. During the same quarter in the previous year, the firm earned ($0.01) earnings per share. The firm's quarterly revenue was up 22.6% compared to the same quarter last year. Xometry has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Xometry, Inc. will post -0.66 earnings per share for the current fiscal year.

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.