Fabio Rosati Sells 1,900 Shares of Xometry (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR – Get Free Report) Director Fabio Rosati sold 1,900 shares of Xometry stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $89.72, for a total transaction of $170,468.00. Following the sale, the director owned 91,667 shares of the company’s stock, valued at approximately $8,224,363.24. The trade was a 2.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Fabio Rosati also recently made the following trade(s):

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• On Monday, August 10th, Fabio Rosati sold 8,100 shares of Xometry stock. The stock was sold at an average price of $91.45, for a total transaction of $740,745.00.

Xometry Price Performance

Shares of NASDAQ:XMTR opened at $93.09 on Thursday. The company’s fifty day moving average price is $90.79 and its 200-day moving average price is $69.07. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.21 and a quick ratio of 3.20. The firm has a market capitalization of $4.82 billion, a price-to-earnings ratio of -155.15 and a beta of 1.29. Xometry, Inc. has a one year low of $35.86 and a one year high of $106.08.

Xometry (NASDAQ:XMTR – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. Xometry had a negative net margin of 3.82% and a negative return on equity of 2.88%. The company had revenue of $229.28 million during the quarter, compared to the consensus estimate of $215.22 million. During the same period in the previous year, the firm posted $0.09 EPS. The firm’s revenue was up 41.1% compared to the same quarter last year. On average, equities research analysts anticipate that Xometry, Inc. will post -0.02 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on XMTR. Citizens Jmp upped their price objective on Xometry from $75.00 to $100.00 and gave the stock a “market outperform” rating in a report on Friday, May 8th. UBS Group boosted their target price on Xometry from $88.00 to $95.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Xometry in a research note on Friday, May 29th. Citigroup increased their price target on shares of Xometry from $98.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Wedbush assumed coverage on shares of Xometry in a research note on Thursday, July 16th. They set an “outperform” rating and a $126.00 price target on the stock. Six analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $101.88.

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Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Stephens Investment Management Group LLC boosted its holdings in Xometry by 115.2% during the 4th quarter. Stephens Investment Management Group LLC now owns 842,987 shares of the company’s stock valued at $50,132,000 after acquiring an additional 451,259 shares during the period. Comerica Bank increased its stake in Xometry by 2,427.4% in the 4th quarter. Comerica Bank now owns 28,812 shares of the company’s stock worth $1,713,000 after purchasing an additional 27,672 shares during the period. Peregrine Investment Management Inc. increased its stake in Xometry by 98.9% in the 1st quarter. Peregrine Investment Management Inc. now owns 215,100 shares of the company’s stock worth $8,785,000 after purchasing an additional 106,970 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in Xometry by 18.6% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 156,604 shares of the company’s stock valued at $9,313,000 after purchasing an additional 24,566 shares during the last quarter. Finally, Penn Capital Management Company LLC bought a new stake in Xometry in the fourth quarter valued at approximately $1,899,000. 97.31% of the stock is owned by institutional investors.

Xometry Company Profile

(Get Free Report)

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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