Xometry (NASDAQ:XMTR) Director Randolph Altschuler Sells 10,000 Shares of Company Stock

Key Points

• Xometry director Randolph Altschuler sold 10,000 shares for $1.089 million at an average price of $108.90, reducing his direct stake by 1.85% to 531,270 shares.
• The company beat quarterly estimates, reporting EPS of $0.28 versus a $0.19 consensus and revenue of $252.44 million versus $235.54 million; revenue grew 39.5% year over year.
• Analyst sentiment is broadly positive: Xometry has a “Moderate Buy” consensus rating and an average price target of $123.64, with several firms recently raising targets.

Xometry, Inc. (NASDAQ:XMTR - Get Free Report) Director Randolph Altschuler sold 10,000 shares of the stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $108.90, for a total transaction of $1,089,000.00. Following the completion of the transaction, the director directly owned 531,270 shares of the company's stock, valued at $57,855,303. This trade represents a 1.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Randolph Altschuler also recently made the following trade(s):

• On Friday, October 2nd, Randolph Altschuler sold 5,721 shares of Xometry stock. The shares were sold at an average price of $103.32, for a total transaction of $591,093.72.
• On Thursday, October 1st, Randolph Altschuler sold 10,000 shares of Xometry stock. The stock was sold at an average price of $104.04, for a total transaction of $1,040,400.00.
• On Tuesday, September 1st, Randolph Altschuler sold 10,000 shares of Xometry stock. The stock was sold at an average price of $90.82, for a total transaction of $908,200.00.

Xometry Price Performance

NASDAQ:XMTR traded up $5.94 on Friday, hitting $114.95. The company had a trading volume of 1,101,591 shares, compared to its average volume of 883,905. The stock has a market capitalization of $5.96 billion, a price-to-earnings ratio of -338.08 and a beta of 1.33. The company has a current ratio of 3.15, a quick ratio of 3.20 and a debt-to-equity ratio of 0.40. The firm has a 50 day moving average of $97.84 and a two-hundred day moving average of $76.95. Xometry, Inc. has a 52 week low of $35.86 and a 52 week high of $117.94.

Xometry (NASDAQ:XMTR - Get Free Report) last posted its earnings results on Tuesday, November 3rd. The company reported $0.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.19 by $0.09. The firm had revenue of $252.44 million for the quarter, compared to analysts' expectations of $235.54 million. Xometry had a negative net margin of 1.97% and a positive return on equity of 0.18%. The company's revenue was up 39.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.11 earnings per share. On average, research analysts anticipate that Xometry, Inc. will post -0.01 earnings per share for the current year.

More Xometry News

Here are the key news stories impacting Xometry this week:

• Positive Sentiment: Several firms—including UBS, Cantor Fitzgerald, Citizens JMP, Rosenblatt, Citigroup, JPMorgan and RBC—issued favorable outlooks or raised price targets, reinforcing expectations for further share appreciation. UBS analyst outlook Cantor Fitzgerald outlook Citizens JMP outlook Rosenblatt price target Citigroup outlook JPMorgan outlook RBC price target
• Positive Sentiment: Recent Seeking Alpha commentary describes Xometry’s growth thesis as playing out and the business as powering ahead, adding to the optimistic narrative. Xometry: The Thesis Is Playing Out Xometry Powers Ahead
• Positive Sentiment: A report points to GAAP profitability, a $1 billion revenue run rate and a Siemens partnership expected to support margin gains in 2027. Separately, the latest reported quarter beat analyst expectations for EPS and revenue, with revenue up 39.5% year over year. Profitability, revenue run rate and Siemens partnership report
• Neutral Sentiment: The profitability outlook is not yet unambiguous: the supplied quarterly figures also show a negative net margin, so investors may look for sustained earnings improvement to validate the bullish case.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on XMTR shares. The Goldman Sachs Group upped their price objective on Xometry from $78.00 to $104.00 and gave the company a "neutral" rating in a research note on Wednesday, August 5th. UBS Group boosted their target price on shares of Xometry from $95.00 to $108.00 and gave the stock a "neutral" rating in a report on Wednesday. Citizens Jmp upped their price target on shares of Xometry from $120.00 to $135.00 and gave the company a "market outperform" rating in a research report on Wednesday. JPMorgan Chase & Co. raised their price target on shares of Xometry from $120.00 to $140.00 and gave the company an "overweight" rating in a research note on Wednesday. Finally, Citigroup upped their price target on Xometry from $110.00 to $132.00 and gave the company a "buy" rating in a research report on Wednesday. Eight investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Xometry currently has a consensus rating of "Moderate Buy" and a consensus target price of $123.64.

Institutional Investors Weigh In On Xometry

A number of institutional investors have recently modified their holdings of XMTR. Russell Investments Group Ltd. increased its stake in shares of Xometry by 86.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 224,048 shares of the company's stock valued at $23,044,000 after acquiring an additional 103,827 shares in the last quarter. Pictet Asset Management Holding SA lifted its position in shares of Xometry by 7.6% during the 3rd quarter. Pictet Asset Management Holding SA now owns 7,203 shares of the company's stock valued at $741,000 after acquiring an additional 508 shares during the period. Integrity Alliance LLC. bought a new position in Xometry during the third quarter worth $252,000. IPG Investment Advisors LLC boosted its stake in Xometry by 34.4% during the third quarter. IPG Investment Advisors LLC now owns 3,361 shares of the company's stock worth $346,000 after acquiring an additional 861 shares in the last quarter. Finally, ProShare Advisors LLC boosted its stake in Xometry by 7.4% during the third quarter. ProShare Advisors LLC now owns 6,507 shares of the company's stock worth $669,000 after acquiring an additional 446 shares in the last quarter. 97.31% of the stock is owned by institutional investors.

Xometry Company Profile

Xometry, Inc NASDAQ: XMTR operates a technology-driven marketplace that connects businesses seeking custom parts with a network of manufacturing suppliers. Its platform uses automated pricing, manufacturability analysis and digital workflows to help customers source parts and manage production more efficiently.

The company supports a range of manufacturing processes, including CNC machining, 3D printing, sheet metal fabrication, injection molding, urethane casting and other specialized production services.

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