Susquehanna Fundamental Investments LLC bought a new position in shares of Xometry, Inc. (NASDAQ:XMTR - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 82,714 shares of the company's stock, valued at approximately $3,529,000. Susquehanna Fundamental Investments LLC owned 0.17% of Xometry at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Global Retirement Partners LLC purchased a new position in Xometry during the fourth quarter valued at $27,000. Canada Pension Plan Investment Board purchased a new position in Xometry in the 4th quarter valued at about $38,000. SBI Securities Co. Ltd. acquired a new stake in Xometry in the 4th quarter worth about $73,000. Summit Investment Advisors Inc. increased its stake in Xometry by 8.1% during the 4th quarter. Summit Investment Advisors Inc. now owns 4,447 shares of the company's stock worth $190,000 after buying an additional 333 shares in the last quarter. Finally, Victory Capital Management Inc. acquired a new position in shares of Xometry during the fourth quarter valued at approximately $219,000. Hedge funds and other institutional investors own 97.31% of the company's stock.
Analyst Upgrades and Downgrades
Several brokerages recently commented on XMTR. Citigroup dropped their price target on Xometry from $46.00 to $39.00 and set a "buy" rating for the company in a research report on Thursday, February 27th. JPMorgan Chase & Co. reduced their target price on shares of Xometry from $45.00 to $30.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. UBS Group boosted their price target on shares of Xometry from $22.00 to $33.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 26th. JMP Securities reiterated a "market outperform" rating and issued a $42.00 price objective on shares of Xometry in a report on Monday, February 10th. Finally, Royal Bank of Canada decreased their target price on shares of Xometry from $36.00 to $32.00 and set a "sector perform" rating on the stock in a research note on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Xometry has an average rating of "Moderate Buy" and an average target price of $33.56.
Get Our Latest Stock Analysis on Xometry
Insider Buying and Selling
In other Xometry news, CEO Randolph Altschuler sold 27,566 shares of Xometry stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $26.60, for a total value of $733,255.60. Following the completion of the transaction, the chief executive officer now directly owns 256,570 shares of the company's stock, valued at $6,824,762. The trade was a 9.70 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO James Miln sold 1,346 shares of the stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $25.13, for a total transaction of $33,824.98. Following the sale, the chief financial officer now directly owns 144,713 shares in the company, valued at $3,636,637.69. This represents a 0.92 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 78,256 shares of company stock valued at $2,012,889. 16.79% of the stock is currently owned by insiders.
Xometry Trading Up 6.4 %
Xometry stock traded up $1.66 during mid-day trading on Friday, hitting $27.78. The company's stock had a trading volume of 581,243 shares, compared to its average volume of 611,507. Xometry, Inc. has a 1 year low of $11.08 and a 1 year high of $45.33. The company has a current ratio of 4.59, a quick ratio of 4.55 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $1.40 billion, a PE ratio of -26.46 and a beta of 0.72. The stock's fifty day moving average is $24.26 and its two-hundred day moving average is $29.94.
About Xometry
(
Free Report)
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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