Invesco Ltd. Reduces Position in Xometry, Inc. $XMTR

Invesco Ltd. lessened its position in shares of Xometry, Inc. (NASDAQ:XMTR - Free Report) by 83.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 41,377 shares of the company's stock after selling 209,629 shares during the quarter. Invesco Ltd. owned approximately 0.08% of Xometry worth $1,031,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC increased its position in Xometry by 160.1% during the 1st quarter. GAMMA Investing LLC now owns 1,004 shares of the company's stock valued at $25,000 after purchasing an additional 618 shares during the period. CWM LLC boosted its holdings in shares of Xometry by 825.6% during the 1st quarter. CWM LLC now owns 1,555 shares of the company's stock worth $39,000 after buying an additional 1,387 shares in the last quarter. Comerica Bank boosted its holdings 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 buying an additional 749 shares in the last quarter. CoreCap Advisors LLC bought a new position in shares of Xometry during the 4th quarter worth approximately $51,000. Finally, Centaurus Financial Inc. bought a new position in shares of Xometry during the 4th quarter worth approximately $159,000. Institutional investors and hedge funds own 97.31% of the company's stock.

Xometry Stock Up 1.1%

NASDAQ:XMTR traded up $0.52 during trading hours on Friday, hitting $49.68. 605,689 shares of the company traded hands, compared to its average volume of 721,028. The company has a quick ratio of 3.85, a current ratio of 3.91 and a debt-to-equity ratio of 1.20. The firm's 50-day simple moving average is $39.60 and its 200-day simple moving average is $32.25. Xometry, Inc. has a one year low of $16.11 and a one year high of $51.68. The company has a market cap of $2.52 billion, a PE ratio of -40.39 and a beta of 0.87.

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

Insider Buying and Selling

In other news, CEO Randolph Altschuler sold 9,332 shares of the firm's stock in a transaction on Wednesday, July 2nd. The stock was 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 directly owned 319,602 shares in the company, valued at $10,351,908.78. This trade represents a 2.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO James Miln sold 598 shares of the firm's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $50.25, for a total value 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. The trade was a 0.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 9.66% of the company's stock.

Wall Street Analysts Forecast Growth

XMTR has been the topic of a number of research analyst reports. 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. JPMorgan Chase & Co. increased their price target on Xometry from $36.00 to $38.00 and gave the stock an "overweight" rating in a report on Tuesday, June 3rd. Citigroup restated an "outperform" rating on shares of Xometry in a report on Friday, July 11th. JMP Securities increased their price target on Xometry from $45.00 to $50.00 and gave the stock a "market outperform" rating in a report on Wednesday, August 6th. Finally, Cantor Fitzgerald upgraded Xometry from an "underweight" rating to a "neutral" rating and set a $41.00 price target on the stock in a report on Tuesday, August 5th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $40.44.

Xometry Company 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.