James Miln Sells 1,500 Shares of Xometry (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTRGet Free Report) CFO James Miln sold 1,500 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $87.92, for a total value of $131,880.00. Following the completion of the sale, the chief financial officer owned 177,631 shares of the company’s stock, valued at approximately $15,617,317.52. This represents a 0.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

James Miln also recently made the following trade(s):

  • On Thursday, July 2nd, James Miln sold 2,392 shares of Xometry stock. The shares were sold at an average price of $93.29, for a total transaction of $223,149.68.
  • On Wednesday, July 1st, James Miln sold 1,500 shares of Xometry stock. The stock was sold at an average price of $97.06, for a total transaction of $145,590.00.
  • On Monday, June 1st, James Miln sold 1,500 shares of Xometry stock. The stock was sold at an average price of $96.90, for a total transaction of $145,350.00.
  • On Monday, May 11th, James Miln sold 1,500 shares of Xometry stock. The shares were sold at an average price of $79.69, for a total transaction of $119,535.00.

Xometry Stock Performance

Xometry stock opened at $93.14 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.21 and a quick ratio of 1.76. Xometry, Inc. has a 1-year low of $35.86 and a 1-year high of $106.08. The firm has a market capitalization of $4.83 billion, a P/E ratio of -155.23 and a beta of 1.29. The company’s 50-day moving average is $90.54 and its 200 day moving average is $68.38.

Xometry (NASDAQ:XMTRGet Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.01. The business had revenue of $229.28 million during the quarter, compared to analyst estimates of $215.22 million. Xometry had a negative return on equity of 2.88% and a negative net margin of 3.82%.The company’s revenue for the quarter was up 41.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.09 earnings per share. Research analysts forecast that Xometry, Inc. will post -0.13 EPS for the current year.

Analyst Ratings Changes

Several brokerages have commented on XMTR. UBS Group upped their price objective on Xometry from $88.00 to $95.00 and gave the company a “neutral” rating in a research report on Wednesday. Citizens Jmp lifted their target price on Xometry from $75.00 to $100.00 and gave the stock a “market outperform” rating in a research report on Friday, May 8th. The Goldman Sachs Group boosted their target price on shares of Xometry from $78.00 to $104.00 and gave the company a “neutral” rating in a research note on Wednesday. Citigroup upped their price target on shares of Xometry from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Xometry in a research note on Friday, May 29th. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $101.88.

Get Our Latest Research Report on Xometry

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. CoreCap Advisors LLC bought a new stake in Xometry during the 2nd quarter valued at $97,000. PVG Asset Management Corp bought a new position in shares of Xometry during the 1st quarter worth $703,000. Bank of America Corp DE grew its position in shares of Xometry by 23.7% during the 1st quarter. Bank of America Corp DE now owns 235,414 shares of the company’s stock worth $9,614,000 after buying an additional 45,158 shares in the last quarter. Sylebra Capital LLC increased its stake in shares of Xometry by 31.3% during the first quarter. Sylebra Capital LLC now owns 535,624 shares of the company’s stock valued at $21,875,000 after buying an additional 127,637 shares during the period. Finally, California State Teachers Retirement System increased its stake in shares of Xometry by 21.8% during the first quarter. California State Teachers Retirement System now owns 51,770 shares of the company’s stock valued at $2,114,000 after buying an additional 9,283 shares during the period. Institutional investors own 97.31% of the company’s stock.

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.

Further Reading

Insider Buying and Selling by Quarter for Xometry (NASDAQ:XMTR)

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