Xometry, Inc. (NASDAQ:XMTR) COO Sells $17,042.20 in Stock

Xometry, Inc. (NASDAQ:XMTR - Get Free Report) COO Peter Goguen sold 940 shares of the business's stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $18.13, for a total value of $17,042.20. Following the sale, the chief operating officer now owns 196,271 shares of the company's stock, valued at approximately $3,558,393.23. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Peter Goguen also recently made the following trade(s):

• On Wednesday, March 20th, Peter Goguen sold 3,943 shares of Xometry stock. The shares were sold at an average price of $17.61, for a total transaction of $69,436.23.

Xometry Price Performance

XMTR traded up $0.39 during trading on Friday, hitting $17.86. 728,993 shares of the stock traded hands, compared to its average volume of 652,519. Xometry, Inc. has a twelve month low of $12.45 and a twelve month high of $38.74. The company has a market cap of $867.64 million, a price-to-earnings ratio of -12.76 and a beta of 0.71. The company has a debt-to-equity ratio of 0.85, a current ratio of 4.28 and a quick ratio of 4.25. The business has a 50 day moving average price of $24.16 and a 200 day moving average price of $23.68.

Xometry (NASDAQ:XMTR - Get Free Report) last announced its quarterly earnings results on Thursday, February 29th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.01). The company had revenue of $128.15 million for the quarter, compared to analyst estimates of $127.78 million. Xometry had a negative return on equity of 17.34% and a negative net margin of 14.56%. Equities research analysts forecast that Xometry, Inc. will post -0.64 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of XMTR. Advisors Asset Management Inc. acquired a new position in shares of Xometry during the first quarter worth $33,000. State of Wyoming increased its holdings in shares of Xometry by 82.8% during the fourth quarter. State of Wyoming now owns 1,159 shares of the company's stock worth $37,000 after buying an additional 525 shares in the last quarter. Ensign Peak Advisors Inc acquired a new position in shares of Xometry during the first quarter worth $61,000. Comerica Bank grew its stake in shares of Xometry by 120.9% in the fourth quarter. Comerica Bank now owns 1,723 shares of the company's stock worth $62,000 after purchasing an additional 943 shares during the last quarter. Finally, US Bancorp DE grew its stake in shares of Xometry by 72.8% in the second quarter. US Bancorp DE now owns 3,113 shares of the company's stock worth $66,000 after purchasing an additional 1,311 shares during the last quarter. 97.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on XMTR. The Goldman Sachs Group dropped their price target on shares of Xometry from $46.00 to $28.00 and set a "buy" rating for the company in a research report on Friday, March 1st. TheStreet downgraded shares of Xometry from a "c-" rating to a "d" rating in a research report on Thursday, February 29th. UBS Group lowered their price objective on shares of Xometry from $22.00 to $21.00 and set a "neutral" rating for the company in a research report on Wednesday, March 13th. Royal Bank of Canada lowered their price objective on shares of Xometry from $38.00 to $23.00 and set a "sector perform" rating for the company in a research report on Friday, March 1st. Finally, JMP Securities boosted their price objective on shares of Xometry from $26.00 to $42.00 and gave the company a "market outperform" rating in a research report on Wednesday, January 3rd. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $28.67.

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.