Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen Sells 3,000 Shares

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $34.50, for a total transaction of $103,500.00. Following the sale, the chief operating officer now directly owns 164,993 shares in the company, valued at approximately $5,692,258.50. This represents a 1.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Peter Goguen also recently made the following trade(s):

• On Friday, January 3rd, Peter Goguen sold 940 shares of Xometry stock. The stock was sold at an average price of $42.36, for a total transaction of $39,818.40.
• On Wednesday, December 18th, Peter Goguen sold 986 shares of Xometry stock. The shares were sold at an average price of $40.08, for a total value of $39,518.88.
• On Monday, November 11th, Peter Goguen sold 5,000 shares of Xometry stock. The stock was sold at an average price of $32.00, for a total value of $160,000.00.
• On Thursday, November 7th, Peter Goguen sold 12,000 shares of Xometry stock. The shares were sold at an average price of $29.55, for a total value of $354,600.00.

Xometry Stock Down 1.1 %

XMTR stock opened at $33.77 on Friday. Xometry, Inc. has a 52-week low of $11.08 and a 52-week high of $45.33. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.59 and a quick ratio of 4.55. The company’s 50-day simple moving average is $35.23 and its 200-day simple moving average is $23.65.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Cantor Fitzgerald reiterated an “underweight” rating and issued a $12.00 target price on shares of Xometry in a research report on Wednesday, November 6th. Wedbush reiterated an “outperform” rating and issued a $48.00 price objective on shares of Xometry in a research note on Friday, December 20th. UBS Group raised their target price on shares of Xometry from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. JMP Securities reaffirmed a “market outperform” rating and issued a $42.00 price target on shares of Xometry in a report on Monday, December 16th. Finally, JPMorgan Chase & Co. upgraded Xometry from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $25.00 to $45.00 in a research note on Wednesday, December 18th. One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.33.

Hedge Funds Weigh In On Xometry

Large investors have recently bought and sold shares of the business. Raymond James & Associates grew its holdings in Xometry by 0.6% in the third quarter. Raymond James & Associates now owns 287,986 shares of the company’s stock valued at $5,290,000 after purchasing an additional 1,586 shares during the period. Sei Investments Co. lifted its position in shares of Xometry by 0.8% during the 2nd quarter. Sei Investments Co. now owns 214,048 shares of the company’s stock valued at $2,474,000 after buying an additional 1,708 shares in the last quarter. US Bancorp DE grew its stake in Xometry by 57.7% in the 3rd quarter. US Bancorp DE now owns 5,570 shares of the company’s stock valued at $102,000 after acquiring an additional 2,037 shares during the period. State Street Corp increased its holdings in Xometry by 0.3% in the 3rd quarter. State Street Corp now owns 887,139 shares of the company’s stock worth $16,297,000 after acquiring an additional 3,027 shares in the last quarter. Finally, Rhumbline Advisers raised its position in Xometry by 6.8% during the second quarter. Rhumbline Advisers now owns 58,002 shares of the company’s stock worth $670,000 after acquiring an additional 3,690 shares during the period. Institutional investors and hedge funds own 97.31% of the company’s stock.

Xometry Company Profile

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.