Xometry, Inc. $XMTR Shares Sold by Russell Investments Group Ltd.

Key Points

• Russell Investments Group Ltd. sold 50.9% of its shares in Xometry, reducing its holdings to 16,451 shares valued at approximately $410,000.
• Institutional investors and hedge funds collectively own 97.31% of Xometry's stock, with multiple fund managers increasing their positions significantly in the first quarter.
• Analysts have given Xometry a consensus rating of "Moderate Buy" with a price target averaging $40.44, indicating optimism for future growth.

Russell Investments Group Ltd. lessened its stake in shares of Xometry, Inc. (NASDAQ:XMTR - Free Report) by 50.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,451 shares of the company's stock after selling 17,036 shares during the period. Russell Investments Group Ltd.'s holdings in Xometry were worth $410,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of XMTR. GAMMA Investing LLC raised its stake in shares of Xometry by 160.1% in the first quarter. GAMMA Investing LLC now owns 1,004 shares of the company's stock worth $25,000 after purchasing an additional 618 shares during the last quarter. CWM LLC raised its holdings in Xometry by 825.6% in the 1st quarter. CWM LLC now owns 1,555 shares of the company's stock worth $39,000 after purchasing an additional 1,387 shares during the period. Comerica Bank increased its stake in Xometry by 195.1% in 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 purchased a new position in shares of Xometry during the fourth quarter valued at about $51,000. Finally, Centaurus Financial Inc. purchased a new position in Xometry in the fourth quarter worth about $159,000. Hedge funds and other institutional investors own 97.31% of the company's stock.

Insider Buying and Selling at Xometry

In related news, CEO Randolph Altschuler sold 9,332 shares of the company's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $32.39, for a total value of $302,263.48. Following the completion of the sale, the chief executive officer directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO James Miln sold 598 shares of the company's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $50.25, for a total value of $30,049.50. Following the completion of the sale, the chief financial officer directly owned 144,115 shares of the company's stock, valued at approximately $7,241,778.75. This trade represents 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.

Analysts Set New Price Targets

Several brokerages have issued reports on XMTR. JMP Securities boosted their target price on Xometry from $45.00 to $50.00 and gave the company a "market outperform" rating in a research report on Wednesday, August 6th. Citigroup restated an "outperform" rating on shares of Xometry in a research report on Friday, July 11th. UBS Group boosted their target price on Xometry from $35.00 to $40.00 and gave the company a "neutral" rating in a research report on Wednesday, August 6th. JPMorgan Chase & Co. increased their price objective on Xometry from $36.00 to $38.00 and gave the stock an "overweight" rating in a research note on Tuesday, June 3rd. Finally, The Goldman Sachs Group increased their price objective on Xometry from $33.00 to $42.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Xometry currently has a consensus rating of "Moderate Buy" and a consensus price target of $40.44.

Xometry Price Performance

NASDAQ XMTR traded down $0.48 during trading hours on Friday, reaching $48.68. The company's stock had a trading volume of 127,814 shares, compared to its average volume of 717,977. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of -39.45 and a beta of 0.87. Xometry, Inc. has a 1-year low of $16.11 and a 1-year high of $51.68. The company has a debt-to-equity ratio of 1.20, a current ratio of 3.91 and a quick ratio of 3.85. The company's 50-day moving average is $39.60 and its two-hundred day moving average is $32.25.

Xometry (NASDAQ:XMTR - Get Free Report) last posted its quarterly earnings data 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. The company 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%.Xometry's revenue was up 22.6% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.01) EPS. Xometry has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Xometry, Inc. will post -0.66 EPS for the current year.

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.