James Miln Sells 598 Shares of Xometry (NASDAQ:XMTR) Stock

Key Points

• James Miln, CFO of Xometry, sold 598 shares at an average price of $50.25, reducing his ownership to approximately 144,115 shares.
• Xometry's stock has recently seen an 8.4% decrease, trading at $46.71 with a market cap of $2.37 billion.
• The company reported earnings of $0.09 per share for the quarter, surpassing analysts' expectations, and its revenue increased by 22.6% compared to the previous year.

Xometry, Inc. (NASDAQ:XMTR - Get Free Report) CFO James Miln sold 598 shares of the business's stock in a transaction dated Tuesday, September 2nd. The stock was 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 in the company, valued at approximately $7,241,778.75. This represents a 0.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Xometry Stock Down 8.4%

Shares of XMTR traded down $4.29 during midday trading on Wednesday, reaching $46.71. 1,239,794 shares of the company were exchanged, compared to its average volume of 720,850. The stock has a 50-day moving average price of $39.00 and a 200-day moving average price of $32.07. The company has a market cap of $2.37 billion, a price-to-earnings ratio of -37.98 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 current ratio of 3.91, a quick ratio of 3.85 and a debt-to-equity ratio of 1.20.

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

Wall Street Analyst Weigh In

XMTR has been the topic of a number of recent analyst reports. 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. JMP Securities boosted their price objective on Xometry from $45.00 to $50.00 and gave the company a "market outperform" rating in a report on Wednesday, August 6th. JPMorgan Chase & Co. upped their price objective on Xometry from $36.00 to $38.00 and gave the company an "overweight" rating in a research note on Tuesday, June 3rd. Royal Bank Of Canada lifted their target price on Xometry from $32.00 to $36.00 and gave the stock a "sector perform" rating in a research report on Wednesday, May 7th. Finally, UBS Group lifted their target price on Xometry from $35.00 to $40.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 6th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Xometry currently has a consensus rating of "Moderate Buy" and an average price target of $40.44.

Hedge Funds Weigh In On Xometry

Several hedge funds and other institutional investors have recently made changes to their positions in XMTR. Dimensional Fund Advisors LP boosted its position in shares of Xometry by 5.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 528,194 shares of the company's stock worth $22,537,000 after buying an additional 28,892 shares during the period. Hsbc Holdings PLC acquired a new position in shares of Xometry during the fourth quarter worth approximately $234,000. Northern Trust Corp boosted its position in shares of Xometry by 11.1% during the fourth quarter. Northern Trust Corp now owns 408,419 shares of the company's stock worth $17,423,000 after buying an additional 40,889 shares during the period. Comerica Bank boosted its position in shares of Xometry by 195.1% during the fourth quarter. Comerica Bank now owns 1,133 shares of the company's stock worth $48,000 after buying an additional 749 shares during the period. Finally, Algert Global LLC acquired a new position in shares of Xometry during the fourth quarter worth approximately $1,132,000. 97.31% of the stock is currently owned by institutional investors and hedge funds.

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.

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