Faithward Advisors LLC Trims Stake in Xometry, Inc. $XMTR

Key Points

• Faithward Advisors LLC reduced its stake in Xometry, Inc. by 7.6%, holding 254,304 shares after selling 21,053 shares in the first quarter.
• A number of hedge funds, including Vanguard Group Inc. and Sylebra Capital LLC, have increased their positions in Xometry, indicating growing institutional interest.
• Xometry reported a 22.6% increase in quarterly revenue year-over-year, beating analysts' expectations with revenue of $162.55 million.

Faithward Advisors LLC lowered its holdings in shares of Xometry, Inc. (NASDAQ:XMTR - Free Report) by 7.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 254,304 shares of the company's stock after selling 21,053 shares during the period. Xometry makes up 1.1% of Faithward Advisors LLC's investment portfolio, making the stock its 20th largest holding. Faithward Advisors LLC owned about 0.51% of Xometry worth $6,337,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Xometry by 2.8% during the first quarter. Vanguard Group Inc. now owns 4,413,337 shares of the company's stock worth $109,980,000 after acquiring an additional 120,065 shares in the last quarter. Sylebra Capital LLC boosted its stake in Xometry by 2.6% during the first quarter. Sylebra Capital LLC now owns 1,881,624 shares of the company's stock worth $46,890,000 after acquiring an additional 46,874 shares in the last quarter. New York State Common Retirement Fund boosted its stake in Xometry by 4.4% during the first quarter. New York State Common Retirement Fund now owns 942,088 shares of the company's stock worth $23,477,000 after acquiring an additional 39,480 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in Xometry by 225.7% during the fourth 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 in the last quarter. Finally, Baillie Gifford & Co. raised its holdings in Xometry by 2.5% in the first quarter. Baillie Gifford & Co. now owns 728,281 shares of the company's stock worth $18,149,000 after buying an additional 18,085 shares during the last quarter. Institutional investors own 97.31% of the company's stock.

Insider Activity at Xometry

In other news, CFO James Miln sold 598 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $50.25, for a total transaction of $30,049.50. Following the completion of the transaction, the chief financial officer directly owned 144,115 shares of the company's stock, valued at $7,241,778.75. The trade was a 0.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Randolph Altschuler sold 9,332 shares of the business's stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $32.39, for a total transaction of $302,263.48. Following the transaction, the chief executive officer directly owned 319,602 shares of the company's stock, valued at $10,351,908.78. The trade was a 2.84% 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 Ratings Changes

Several brokerages have recently issued reports on XMTR. Citigroup reiterated an "outperform" rating on shares of Xometry in a research note on Friday, July 11th. The Goldman Sachs Group upped their target price 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. JMP Securities upped their target price 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. JPMorgan Chase & Co. upped their target price on shares of Xometry from $36.00 to $38.00 and gave the stock an "overweight" rating in a research note on Tuesday, June 3rd. Finally, Cantor Fitzgerald upgraded shares of Xometry from an "underweight" rating to a "neutral" rating and set a $41.00 target price on the stock in a research note on Tuesday, August 5th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $40.44.

Xometry Stock Performance

Shares of XMTR traded up $0.33 during mid-day trading on Friday, hitting $50.96. 487,293 shares of the company traded hands, compared to its average volume of 680,133. The company has a debt-to-equity ratio of 1.20, a quick ratio of 3.85 and a current ratio of 3.91. The stock has a 50-day moving average price of $41.61 and a two-hundred day moving average price of $32.93. Xometry, Inc. has a 1 year low of $16.26 and a 1 year high of $51.87. The stock has a market cap of $2.59 billion, a price-to-earnings ratio of -41.43 and a beta of 0.87.

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