Xometry, Inc. (NASDAQ:XMTR – Get Free Report) Director Lukas Alexander Biewald acquired 47,058 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was acquired at an average price of $85.00 per share, with a total value of $3,999,930.00. Following the acquisition, the director owned 55,134 shares in the company, valued at approximately $4,686,390. This trade represents a 582.69% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Xometry Trading Up 0.5%
NASDAQ XMTR opened at $82.70 on Friday. Xometry, Inc. has a fifty-two week low of $29.60 and a fifty-two week high of $99.86. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.76 and a current ratio of 1.78. The stock has a 50 day simple moving average of $62.94 and a two-hundred day simple moving average of $58.69. The stock has a market cap of $4.29 billion, a P/E ratio of -81.08 and a beta of 1.27.
Xometry (NASDAQ:XMTR – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.05. Xometry had a negative return on equity of 4.37% and a negative net margin of 7.01%.The business had revenue of $205.14 million during the quarter, compared to analysts’ expectations of $188.46 million. During the same quarter last year, the business posted ($0.05) EPS. The business’s revenue was up 35.9% on a year-over-year basis. On average, analysts forecast that Xometry, Inc. will post -0.11 earnings per share for the current year.
Analyst Upgrades and Downgrades
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Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in XMTR. Fuller & Thaler Asset Management Inc. bought a new position in shares of Xometry in the 4th quarter worth approximately $76,393,000. Ameriprise Financial Inc. raised its stake in Xometry by 54.2% during the third quarter. Ameriprise Financial Inc. now owns 1,964,909 shares of the company’s stock valued at $107,029,000 after buying an additional 690,558 shares during the last quarter. Durable Capital Partners LP purchased a new position in Xometry during the third quarter valued at $36,455,000. Allspring Global Investments Holdings LLC raised its stake in Xometry by 243.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 694,390 shares of the company’s stock valued at $29,015,000 after buying an additional 492,285 shares during the last quarter. Finally, Stephens Investment Management Group LLC raised its stake in Xometry by 115.2% during the fourth quarter. Stephens Investment Management Group LLC now owns 842,987 shares of the company’s stock valued at $50,132,000 after buying an additional 451,259 shares during the last quarter. Institutional investors own 97.31% of the company’s stock.
About Xometry
Xometry, Inc (NASDAQ: XMTR) operates a technology-driven marketplace that connects businesses with on-demand manufacturing capacity across a wide array of processes. Through its proprietary Instant Quoting Engine and Xometry Platform, the company streamlines sourcing for CNC machining, 3D printing, sheet metal fabrication, injection molding, urethane casting and other custom manufacturing services. By aggregating a network of thousands of vetted suppliers, Xometry offers rapid lead times, transparent pricing and real-time order tracking to customers in sectors ranging from automotive and aerospace to medical devices and industrial equipment.
Since its founding in 2013 and headquarters in Rockville, Maryland, Xometry has expanded its geographic reach to serve customers in North America, Europe and beyond.
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