Xometry, Inc. (NASDAQ:XMTR) is Vitruvian Partners LLP’s 4th Largest Position

Vitruvian Partners LLP lessened its holdings in Xometry, Inc. (NASDAQ:XMTR) by 25.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 266,285 shares of the company’s stock after selling 93,200 shares during the period. Xometry makes up approximately 9.8% of Vitruvian Partners LLP’s portfolio, making the stock its 4th largest position. Vitruvian Partners LLP owned 0.54% of Xometry worth $11,360,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XMTR. Global Retirement Partners LLC purchased a new stake in shares of Xometry during the 4th quarter worth $27,000. SBI Securities Co. Ltd. purchased a new stake in shares of Xometry during the 4th quarter worth $73,000. Victory Capital Management Inc. purchased a new stake in shares of Xometry during the 4th quarter worth $219,000. Atria Investments Inc purchased a new stake in shares of Xometry during the 4th quarter worth $224,000. Finally, Truist Financial Corp purchased a new stake in shares of Xometry during the 4th quarter worth $225,000. Hedge funds and other institutional investors own 97.31% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on XMTR. UBS Group lifted their price objective on shares of Xometry from $22.00 to $33.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. raised shares of Xometry from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $25.00 to $45.00 in a research report on Wednesday, December 18th. JMP Securities reissued a “market outperform” rating and issued a $42.00 price target on shares of Xometry in a research report on Monday, February 10th. Wedbush reissued an “outperform” rating and issued a $48.00 price target on shares of Xometry in a research report on Friday, December 20th. Finally, Citigroup reduced their price target on shares of Xometry from $46.00 to $39.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.11.

Insider Buying and Selling at Xometry

In other news, COO Peter Goguen sold 940 shares of the business’s stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $42.36, for a total transaction of $39,818.40. Following the transaction, the chief operating officer now directly owns 167,993 shares in the company, valued at $7,116,183.48. The trade was a 0.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO James Miln sold 5,386 shares of the business’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $42.33, for a total transaction of $227,989.38. Following the sale, the chief financial officer now directly owns 102,329 shares in the company, valued at approximately $4,331,586.57. This represents a 5.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 73,965 shares of company stock worth $2,050,643. 16.79% of the stock is owned by company insiders.

Xometry Trading Up 0.4 %

NASDAQ XMTR opened at $25.72 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.55 and a current ratio of 4.59. The firm has a market cap of $1.29 billion, a PE ratio of -24.50 and a beta of 0.69. Xometry, Inc. has a one year low of $11.08 and a one year high of $45.33. The firm’s fifty day moving average is $31.23 and its two-hundred day moving average is $28.76.

About Xometry

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.