Xometry, Inc. $XMTR Shares Sold by Faithward Advisors LLC

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 trimmed its holdings in Xometry, Inc. (NASDAQ:XMTR - Free Report) by 7.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 254,304 shares of the company's stock after selling 21,053 shares during the period. Xometry accounts for about 1.1% of Faithward Advisors LLC's holdings, making the stock its 20th biggest holding. Faithward Advisors LLC owned 0.51% of Xometry worth $6,337,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. raised its position in shares of Xometry by 2.8% in the first quarter. Vanguard Group Inc. now owns 4,413,337 shares of the company's stock valued at $109,980,000 after buying an additional 120,065 shares during the last quarter. Sylebra Capital LLC raised its position in shares of Xometry by 2.6% in the first quarter. Sylebra Capital LLC now owns 1,881,624 shares of the company's stock valued at $46,890,000 after buying an additional 46,874 shares during the last quarter. New York State Common Retirement Fund raised its position in shares of Xometry by 4.4% in the first quarter. New York State Common Retirement Fund now owns 942,088 shares of the company's stock valued at $23,477,000 after buying an additional 39,480 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of 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 buying an additional 590,974 shares during the last quarter. Finally, Baillie Gifford & Co. raised its position in shares of Xometry by 2.5% in the first quarter. Baillie Gifford & Co. now owns 728,281 shares of the company's stock valued at $18,149,000 after buying an additional 18,085 shares during the last quarter. 97.31% of the stock is currently owned by institutional investors and hedge funds.

Xometry Trading Up 1.1%

Shares of XMTR stock opened at $49.68 on Monday. The stock has a market capitalization of $2.52 billion, a P/E ratio of -40.39 and a beta of 0.87. The company has a debt-to-equity ratio of 1.20, a quick ratio of 3.85 and a current ratio of 3.91. Xometry, Inc. has a fifty-two week low of $16.11 and a fifty-two week high of $51.68. The company has a 50 day moving average price of $39.92 and a 200 day moving average price of $32.28.

Xometry (NASDAQ:XMTR - Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $162.55 million for the quarter, compared to analysts' expectations of $156.53 million. Xometry had a negative return on equity of 6.79% and a negative net margin of 10.20%.The company's revenue for the quarter was up 22.6% compared to the same quarter last year. During the same period last year, the firm earned ($0.01) earnings per share. Xometry has set its Q3 2025 guidance at EPS. Equities research analysts predict that Xometry, Inc. will post -0.66 EPS for the current fiscal year.

Insider Activity at Xometry

In other Xometry news, 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 completion of the transaction, the chief executive officer owned 319,602 shares in the company, valued at $10,351,908.78. The trade was a 2.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO James Miln sold 598 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $50.25, for a total transaction of $30,049.50. Following the transaction, the chief financial officer owned 144,115 shares of the company's stock, valued at $7,241,778.75. This trade represents a 0.41% decrease in their position. The disclosure for this sale can be found here. Insiders own 9.66% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on XMTR. UBS Group raised their price objective on shares of Xometry from $35.00 to $40.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 6th. The Goldman Sachs Group increased their price objective on Xometry from $33.00 to $42.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Cantor Fitzgerald upgraded Xometry from an "underweight" rating to a "neutral" rating and set a $41.00 price objective for the company in a research report on Tuesday, August 5th. Citigroup reiterated an "outperform" rating on shares of Xometry in a research report on Friday, July 11th. Finally, 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 research report on Tuesday, June 3rd. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Xometry has an average rating of "Moderate Buy" and a consensus target price of $40.44.

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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