Universal Beteiligungs und Servicegesellschaft mbH Invests $975,000 in Xometry, Inc. (NASDAQ:XMTR)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH invested approximately $975,000 in Xometry, acquiring 39,144 shares, which amounts to about 0.08% of the company.
• Several institutional investors have significantly increased their holdings in Xometry, with CWM LLC lifting its stake by 825.6% in the first quarter.
• Xometry’s average target price has been set at $35.78, with an overall rating of "Moderate Buy" according to analyst assessments.

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Xometry, Inc. (NASDAQ:XMTR - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 39,144 shares of the company's stock, valued at approximately $975,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.08% of Xometry at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. First Trust Advisors LP increased its position in Xometry by 2,144.2% in 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 in the last quarter. Ameriprise Financial Inc. raised its stake in Xometry by 225.7% during the 4th quarter. Ameriprise Financial Inc. now owns 852,813 shares of the company's stock worth $36,381,000 after acquiring an additional 590,974 shares during the period. Lord Abbett & CO. LLC purchased a new position in Xometry during the fourth quarter valued at approximately $17,623,000. Driehaus Capital Management LLC bought a new position in shares of Xometry in the fourth quarter worth approximately $16,551,000. Finally, Polar Capital Holdings Plc purchased a new stake in shares of Xometry in the fourth quarter worth $14,070,000. Institutional investors own 97.31% of the company's stock.

Insiders Place Their Bets

In related news, CEO Randolph Altschuler sold 9,332 shares of the firm's stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $32.39, for a total value of $302,263.48. Following the transaction, the chief executive officer owned 319,602 shares of the company's stock, valued at $10,351,908.78. This trade represents a 2.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Emily Rollins sold 10,041 shares of the company's stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $30.70, for a total transaction of $308,258.70. Following the completion of the transaction, the director owned 11,105 shares in the company, valued at $340,923.50. This represents a 47.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. 9.66% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have weighed in on XMTR. The Goldman Sachs Group upped their price target on Xometry from $30.00 to $33.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Cantor Fitzgerald lifted their price target on shares of Xometry from $20.00 to $21.00 and gave the company an "underweight" rating in a report on Wednesday, May 7th. Royal Bank Of Canada boosted their price target on shares of Xometry from $32.00 to $36.00 and gave the stock a "sector perform" rating in a research note on Wednesday, May 7th. UBS Group upped their price target on shares of Xometry from $33.00 to $35.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. increased 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. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $35.78.

Xometry Stock Down 0.3%

Xometry stock traded down $0.10 during midday trading on Monday, reaching $30.97. The stock had a trading volume of 716,323 shares, compared to its average volume of 615,079. The company has a fifty day moving average of $33.39 and a 200 day moving average of $30.31. Xometry, Inc. has a 52-week low of $11.33 and a 52-week high of $45.33. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.70 and a current ratio of 3.74.

About Xometry

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.