Universal Beteiligungs und Servicegesellschaft mbH Increases Holdings in Xometry, Inc. $XMTR

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Xometry by 18.6% to 156,604 shares (worth about $9.31M), while institutional investors now own roughly 97.31% of the stock.
• Company insiders have been net sellers recently: CEO Randolph Altschuler sold 31,928 shares for ~$1.39M and insiders sold 68,090 shares worth ~$3.03M over the last three months, leaving insiders with about 9.66% ownership.
• Xometry beat the quarter with EPS of $0.16 vs. $0.12 expected and revenue of $192.4M (up 29.5% YoY), but the company still shows a negative P/E and carries a consensus analyst rating of Hold with an average price target of $62.

Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of Xometry, Inc. (NASDAQ:XMTR - Free Report) by 18.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 156,604 shares of the company's stock after purchasing an additional 24,566 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.31% of Xometry worth $9,313,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Annex Advisory Services LLC purchased a new position in shares of Xometry during the fourth quarter valued at approximately $570,000. Baillie Gifford & Co. raised its holdings in shares of Xometry by 1.6% during the fourth quarter. Baillie Gifford & Co. now owns 1,306,151 shares of the company's stock valued at $77,677,000 after acquiring an additional 20,901 shares in the last quarter. Palumbo Wealth Management LLC lifted its stake in Xometry by 16.9% in the fourth quarter. Palumbo Wealth Management LLC now owns 16,117 shares of the company's stock worth $958,000 after acquiring an additional 2,327 shares during the period. Contravisory Investment Management Inc. bought a new stake in Xometry in the fourth quarter valued at $281,000. Finally, Harbour Capital Advisors LLC bought a new stake in Xometry in the fourth quarter valued at $610,000. Hedge funds and other institutional investors own 97.31% of the company's stock.

Insider Activity

In related news, CEO Randolph Altschuler sold 31,928 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $43.44, for a total transaction of $1,386,952.32. Following the sale, the chief executive officer directly owned 372,377 shares of the company's stock, valued at approximately $16,176,056.88. This represents a 7.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Subir Dutt sold 2,500 shares of the firm's stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $70.00, for a total transaction of $175,000.00. Following the sale, the insider owned 64,919 shares of the company's stock, valued at approximately $4,544,330. This represents a 3.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 68,090 shares of company stock valued at $3,032,592. 9.66% of the stock is currently owned by insiders.

Xometry Stock Performance

Xometry stock opened at $47.71 on Monday. Xometry, Inc. has a twelve month low of $24.51 and a twelve month high of $73.87. The company has a quick ratio of 3.72, a current ratio of 3.76 and a debt-to-equity ratio of 1.18. The company has a market capitalization of $2.47 billion, a P/E ratio of -39.11 and a beta of 0.88. The stock's 50 day moving average is $44.24 and its 200 day moving average is $53.82.

Xometry (NASDAQ:XMTR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.04. Xometry had a negative return on equity of 5.49% and a negative net margin of 8.99%.The business had revenue of $192.40 million during the quarter, compared to analysts' expectations of $183.37 million. During the same quarter in the previous year, the business earned $0.06 earnings per share. The firm's quarterly revenue was up 29.5% compared to the same quarter last year. On average, equities research analysts predict that Xometry, Inc. will post -0.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on XMTR shares. Weiss Ratings restated a "sell (e+)" rating on shares of Xometry in a report on Wednesday, January 21st. UBS Group lifted their target price on shares of Xometry from $54.00 to $55.00 and gave the company a "neutral" rating in a research note on Wednesday, February 25th. Royal Bank Of Canada reduced their price target on shares of Xometry from $64.00 to $55.00 and set a "sector perform" rating on the stock in a research report on Wednesday, February 25th. Citigroup decreased their price target on shares of Xometry from $75.00 to $65.00 and set a "buy" rating for the company in a research note on Wednesday, February 25th. Finally, Zacks Research upgraded shares of Xometry from a "strong sell" rating to a "hold" rating in a report on Monday, March 2nd. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $62.00.

Xometry Profile

Xometry, Inc NASDAQ: XMTR operates a technology-driven marketplace that connects businesses with on-demand manufacturing capacity across a wide array of processes. Through its proprietary Instant Quoting Engine and Xometry Platform, the company streamlines sourcing for CNC machining, 3D printing, sheet metal fabrication, injection molding, urethane casting and other custom manufacturing services. By aggregating a network of thousands of vetted suppliers, Xometry offers rapid lead times, transparent pricing and real-time order tracking to customers in sectors ranging from automotive and aerospace to medical devices and industrial equipment.

Since its founding in 2013 and headquarters in Rockville, Maryland, Xometry has expanded its geographic reach to serve customers in North America, Europe and beyond.

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