Randolph Altschuler Sells 9,331 Shares of Xometry (NASDAQ:XMTR) Stock

Key Points

• CEO Randolph Altschuler sold 9,331 shares of Xometry stock for a total value of $469,442.61, decreasing his ownership by 2.92% to 310,271 shares.
• Xometry's shares are trading at $51.52, with a 52-week range between $16.26 and $58.03, and a market cap of $2.62 billion.
• The company reported a quarterly revenue of $162.55 million, exceeding analysts' expectations, alongside a $0.09 EPS that beat the consensus estimate of $0.05.

Xometry, Inc. (NASDAQ:XMTR - Get Free Report) CEO Randolph Altschuler sold 9,331 shares of the stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $50.31, for a total value of $469,442.61. Following the sale, the chief executive officer directly owned 310,271 shares in the company, valued at $15,609,734.01. This represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Xometry Price Performance

Shares of NASDAQ:XMTR traded up $1.26 during trading on Friday, reaching $51.52. 657,093 shares of the company's stock traded hands, compared to its average volume of 727,507. Xometry, Inc. has a fifty-two week low of $16.26 and a fifty-two week high of $58.03. 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 has a market cap of $2.62 billion, a PE ratio of -41.89 and a beta of 0.89. The company has a 50-day simple moving average of $47.03 and a 200-day simple moving average of $35.66.

Xometry (NASDAQ:XMTR - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.09 EPS for the quarter, beating 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 firm had revenue of $162.55 million for the quarter, compared to analysts' expectations of $156.53 million. During the same period last year, the firm earned ($0.01) EPS. The company's quarterly revenue was up 22.6% on a year-over-year basis. Xometry has set its Q3 2025 guidance at EPS. As a group, analysts predict that Xometry, Inc. will post -0.66 earnings per share for the current year.

Institutional Trading of Xometry

A number of large investors have recently modified their holdings of the stock. Corebridge Financial Inc. increased its position in shares of Xometry by 1.6% during the first quarter. Corebridge Financial Inc. now owns 21,481 shares of the company's stock worth $535,000 after acquiring an additional 348 shares during the period. Advisors Asset Management Inc. increased its position in shares of Xometry by 68.3% during the second quarter. Advisors Asset Management Inc. now owns 1,015 shares of the company's stock worth $34,000 after acquiring an additional 412 shares during the period. Zevenbergen Capital Investments LLC increased its position in shares of Xometry by 5.1% during the first quarter. Zevenbergen Capital Investments LLC now owns 10,250 shares of the company's stock worth $255,000 after acquiring an additional 500 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of Xometry by 3.0% during the second quarter. The Manufacturers Life Insurance Company now owns 20,615 shares of the company's stock worth $697,000 after acquiring an additional 608 shares during the period. Finally, GAMMA Investing LLC increased its position in shares of Xometry by 160.1% during the first quarter. GAMMA Investing LLC now owns 1,004 shares of the company's stock worth $25,000 after acquiring an additional 618 shares during the period. Hedge funds and other institutional investors own 97.31% of the company's stock.

Analysts Set New Price Targets

XMTR has been the topic of a number of recent analyst reports. Cantor Fitzgerald upgraded Xometry from an "underweight" rating to a "neutral" rating and set a $41.00 price objective on the stock in a report on Tuesday, August 5th. JMP Securities upped 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. The Goldman Sachs Group upped 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. Citigroup reiterated an "outperform" rating on shares of Xometry in a report on Friday, July 11th. Finally, UBS Group upped their price objective on Xometry from $35.00 to $40.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Six research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average 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.

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