Emily Rollins Sells 10,041 Shares of Xometry, Inc. (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR) Director Emily Rollins sold 10,041 shares of the stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $30.70, for a total transaction of $308,258.70. Following the completion of the transaction, the director now owns 11,105 shares of the company’s stock, valued at $340,923.50. This represents a 47.48 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Emily Rollins also recently made the following trade(s):

• On Monday, April 7th, Emily Rollins sold 2,000 shares of Xometry stock. The stock was sold at an average price of $20.66, for a total transaction of $41,320.00.

Xometry Stock Down 0.3 %

XMTR opened at $30.49 on Friday. The business’s fifty day simple moving average is $24.60 and its 200 day simple moving average is $30.12. Xometry, Inc. has a 52 week low of $11.08 and a 52 week high of $45.33. The firm has a market cap of $1.53 billion, a P/E ratio of -29.04 and a beta of 0.71. The company has a quick ratio of 4.55, a current ratio of 4.59 and a debt-to-equity ratio of 0.90.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on XMTR shares. JPMorgan Chase & Co. reduced their price target 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. The Goldman Sachs Group lifted their price objective on Xometry from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Thursday. Citigroup lowered their target price on Xometry from $46.00 to $39.00 and set a “buy” rating on the stock in a report on Thursday, February 27th. JMP Securities restated a “market outperform” rating and issued a $42.00 price target on shares of Xometry in a research report on Monday, February 10th. Finally, UBS Group boosted their price objective on shares of Xometry from $33.00 to $35.00 and gave the stock a “neutral” rating in a research report on Wednesday. One equities 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’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $34.89.

Institutional Investors Weigh In On Xometry

Several hedge funds have recently modified their holdings of XMTR. Vanguard Group Inc. lifted its stake in shares of Xometry by 2.8% during the first quarter. Vanguard Group Inc. now owns 4,413,337 shares of the company’s stock valued at $109,980,000 after buying an additional 120,065 shares during the period. Sylebra Capital LLC raised its holdings in Xometry by 2.1% in the 4th quarter. Sylebra Capital LLC now owns 1,834,750 shares of the company’s stock valued at $78,270,000 after acquiring an additional 37,883 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Xometry by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 1,004,452 shares of the company’s stock worth $42,861,000 after purchasing an additional 8,974 shares during the period. New York State Common Retirement Fund boosted its holdings in shares of Xometry by 4.4% during the first quarter. New York State Common Retirement Fund now owns 942,088 shares of the company’s stock worth $23,477,000 after purchasing an additional 39,480 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of Xometry by 225.7% in the fourth quarter. Ameriprise Financial Inc. now owns 852,813 shares of the company’s stock valued at $36,381,000 after purchasing an additional 590,974 shares during the period. 97.31% of the stock is owned by institutional investors and hedge funds.

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.