Posted by admin on Aug 4th, 2022

Xometry, Inc. (NASDAQ:XMTR – Get Rating) CEO Randolph Altschuler sold 20,000 shares of Xometry stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $38.31, for a total transaction of $766,200.00. Following the sale, the chief executive officer now owns 97,582 shares of the company’s stock, valued at $3,738,366.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Randolph Altschuler also recently made the following trade(s):

Shares of XMTR stock opened at $42.36 on Thursday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 7.82 and a current ratio of 7.86. The stock has a market capitalization of $1.88 billion, a P/E ratio of -15.40 and a beta of 0.38. The company has a 50 day moving average price of $34.97 and a 200 day moving average price of $38.47. Xometry, Inc. has a fifty-two week low of $26.61 and a fifty-two week high of $80.88.

Xometry (NASDAQ:XMTR – Get Rating) last issued its quarterly earnings results on Wednesday, May 11th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.44) by $0.09. Xometry had a negative net margin of 27.47% and a negative return on equity of 23.42%. The company had revenue of $83.67 million during the quarter, compared to the consensus estimate of $81.02 million. Equities research analysts predict that Xometry, Inc. will post -1.02 EPS for the current fiscal year.

A number of research analysts recently weighed in on the stock. The Goldman Sachs Group dropped their price objective on shares of Xometry from $51.00 to $44.00 and set a “buy” rating for the company in a report on Thursday, June 9th. Loop Capital dropped their price objective on shares of Xometry from $50.00 to $46.00 and set a “buy” rating for the company in a report on Tuesday, July 19th. Finally, CL King dropped their price objective on shares of Xometry from $65.00 to $55.00 in a report on Thursday, May 12th.

A number of institutional investors have recently added to or reduced their stakes in the company. Highland Management Partners 9 LLC purchased a new position in Xometry in the fourth quarter worth approximately $281,740,000. Foundry Group LLC purchased a new position in Xometry in the fourth quarter worth approximately $167,923,000. Capital World Investors lifted its stake in Xometry by 55.2% in the first quarter. Capital World Investors now owns 2,139,600 shares of the company’s stock worth $78,630,000 after acquiring an additional 761,100 shares during the last quarter. Vanguard Group Inc. lifted its stake in Xometry by 245.6% in the first quarter. Vanguard Group Inc. now owns 2,012,915 shares of the company’s stock worth $73,975,000 after acquiring an additional 1,430,477 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Xometry by 2.6% during the 1st quarter. JPMorgan Chase & Co. now owns 1,936,109 shares of the company’s stock worth $71,152,000 after buying an additional 48,443 shares during the last quarter. Hedge funds and other institutional investors own 77.31% of the company’s stock.

Xometry, Inc operates a marketplace that enables buyers to source manufactured parts and assemblies in the United States and internationally. It provides CNC machining, milling, and turning services; sheet, laser, waterjet, and plasma cutting services; and sheet metal forming services. The company also offers 3D printing services, such as carbon digital light synthesis, fused deposition modeling, HP multi jet fusion, PolyJet, selective laser sintering, stereolithography, metal 3D printing service, direct metal laser sintering, and metal binder jetting; and injection molding services, including plastic injection, over, insert, and prototype molding, as well as bridge and production tooling.

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