Xometry, Inc. $XMTR Shares Acquired by Vanguard Group Inc.

Key Points

• Vanguard Group Inc. increased its stake in Xometry, Inc. by 2.8%, now owning about 8.77% of the company, worth approximately $109.98 million.
• Several analysts have raised their price targets for Xometry, with Cantor Fitzgerald setting it at $41.00 and Goldman Sachs increasing it to $42.00, reflecting a generally positive outlook on the stock.
• Xometry reported a quarterly revenue of $162.55 million, surpassing analysts' expectations and showing a year-over-year increase of 22.6%, alongside a reported earnings per share (EPS) of $0.09.

Vanguard Group Inc. increased its stake in shares of Xometry, Inc. (NASDAQ:XMTR - Free Report) by 2.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,413,337 shares of the company's stock after buying an additional 120,065 shares during the quarter. Vanguard Group Inc. owned about 8.77% of Xometry worth $109,980,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. GAMMA Investing LLC boosted its stake in Xometry by 160.1% during the first quarter. GAMMA Investing LLC now owns 1,004 shares of the company's stock valued at $25,000 after buying an additional 618 shares in the last quarter. State of Wyoming lifted its stake in Xometry by 8.2% in the 4th quarter. State of Wyoming now owns 8,876 shares of the company's stock worth $379,000 after acquiring an additional 676 shares in the last quarter. Comerica Bank raised its stake in shares of Xometry by 195.1% during the 4th quarter. Comerica Bank now owns 1,133 shares of the company's stock worth $48,000 after purchasing an additional 749 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in shares of Xometry during the 4th quarter worth about $38,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Xometry by 5.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,177 shares of the company's stock worth $1,031,000 after purchasing an additional 1,162 shares in the last quarter. Institutional investors own 97.31% of the company's stock.

Insider Activity

In other Xometry news, CEO Randolph Altschuler sold 9,332 shares of the stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $32.39, for a total transaction of $302,263.48. Following the completion of the transaction, the chief executive officer owned 319,602 shares of the company's stock, valued at $10,351,908.78. This represents a 2.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 9.66% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have commented on XMTR. Cantor Fitzgerald raised Xometry from an "underweight" rating to a "neutral" rating and set a $41.00 price target on the stock in a research report on Tuesday, August 5th. The Goldman Sachs Group increased their price target on Xometry from $33.00 to $42.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Citigroup reiterated an "outperform" rating on shares of Xometry in a report on Friday, July 11th. JPMorgan Chase & Co. increased their price target on Xometry from $36.00 to $38.00 and gave the company an "overweight" rating in a research report on Tuesday, June 3rd. Finally, JMP Securities boosted their price target on Xometry from $45.00 to $50.00 and gave the company a "market outperform" rating in a research note on Wednesday, August 6th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $40.44.

Xometry Trading Up 5.8%

NASDAQ:XMTR opened at $49.26 on Friday. The company has a market cap of $2.50 billion, a P/E ratio of -40.05 and a beta of 0.83. The company has a debt-to-equity ratio of 1.20, a current ratio of 3.91 and a quick ratio of 3.85. Xometry, Inc. has a 1 year low of $16.11 and a 1 year high of $49.50. The stock's fifty day moving average price is $36.65 and its two-hundred day moving average price is $31.49.

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, topping 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 analysts' expectations of $156.53 million. During the same period last year, the firm earned ($0.01) earnings per share. Xometry's quarterly revenue was up 22.6% on a year-over-year basis. Xometry has set its Q3 2025 guidance at EPS. As a group, analysts expect that Xometry, Inc. will post -0.66 EPS for the current year.

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.

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