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

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $35.57, for a total value of $106,710.00. Following the sale, the chief operating officer now owns 161,993 shares in the company, valued at approximately $5,762,091.01. This represents a 1.82 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Wednesday, January 15th, Peter Goguen sold 3,000 shares of Xometry stock. The stock was sold at an average price of $34.50, for a total value of $103,500.00.
• On Friday, January 3rd, Peter Goguen sold 940 shares of Xometry stock. The shares were sold at an average price of $42.36, for a total value 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.

Xometry Price Performance

NASDAQ XMTR traded up $0.30 on Wednesday, hitting $35.34. 461,971 shares of the company’s stock were exchanged, compared to its average volume of 650,413. Xometry, Inc. has a 52 week low of $11.08 and a 52 week high of $45.33. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of -33.66 and a beta of 0.65. The company has a current ratio of 4.59, a quick ratio of 4.55 and a debt-to-equity ratio of 0.90. The stock has a 50-day moving average of $36.58 and a 200-day moving average of $26.52.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on XMTR. Cantor Fitzgerald reissued an “underweight” rating and set a $12.00 price target on shares of Xometry in a research report on Wednesday, November 6th. Royal Bank of Canada increased their price target on Xometry from $27.00 to $40.00 and gave the stock a “sector perform” rating in a research report on Friday, January 3rd. Wedbush reissued an “outperform” rating and set a $48.00 price target on shares of Xometry in a research report on Friday, December 20th. Citigroup increased their price target on Xometry from $25.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Finally, The Goldman Sachs Group increased their price target on Xometry from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $33.33.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Primecap Management Co. CA lifted its stake in shares of Xometry by 1.7% in the 3rd quarter. Primecap Management Co. CA now owns 6,918,252 shares of the company’s stock valued at $127,088,000 after acquiring an additional 113,264 shares during the last quarter. Vanguard Group Inc. grew its holdings in Xometry by 2.1% during the 4th quarter. Vanguard Group Inc. now owns 4,293,272 shares of the company’s stock worth $183,151,000 after acquiring an additional 86,997 shares during the period. FMR LLC grew its holdings in Xometry by 40.2% during the 3rd quarter. FMR LLC now owns 4,078,462 shares of the company’s stock worth $74,921,000 after acquiring an additional 1,169,778 shares during the period. Fred Alger Management LLC grew its holdings in Xometry by 20.8% during the 3rd quarter. Fred Alger Management LLC now owns 1,815,696 shares of the company’s stock worth $33,354,000 after acquiring an additional 312,971 shares during the period. Finally, Sylebra Capital LLC grew its holdings in Xometry by 19.1% during the 3rd quarter. Sylebra Capital LLC now owns 1,796,867 shares of the company’s stock worth $33,008,000 after acquiring an additional 288,151 shares during the period. 97.31% of the stock is currently owned by institutional investors.

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.