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

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 3,000 shares of Xometry stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $35.57, for a total transaction of $106,710.00. Following the sale, the chief operating officer now owns 161,993 shares of the company’s stock, valued at approximately $5,762,091.01. The trade was a 1.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Wednesday, January 15th, Peter Goguen sold 3,000 shares of Xometry stock. The shares were sold at an average price of $34.50, for a total transaction 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 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 transaction of $39,518.88.

Xometry Trading Up 8.6 %

Shares of XMTR opened at $38.38 on Friday. The stock has a fifty day moving average of $36.78 and a two-hundred day moving average of $26.66. 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 company has a market capitalization of $1.90 billion, a PE ratio of -36.55 and a beta of 0.65. Xometry, Inc. has a fifty-two week low of $11.08 and a fifty-two week high of $45.33.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Global Retirement Partners LLC acquired a new position in Xometry in the 4th quarter valued at $27,000. Canada Pension Plan Investment Board purchased a new stake in shares of Xometry during the 4th quarter valued at $38,000. SBI Securities Co. Ltd. purchased a new stake in shares of Xometry during the 4th quarter valued at $73,000. Ameritas Investment Partners Inc. grew its stake in shares of Xometry by 8.1% during the 4th quarter. Ameritas Investment Partners Inc. now owns 4,447 shares of the company’s stock valued at $190,000 after buying an additional 333 shares during the period. Finally, Victory Capital Management Inc. purchased a new stake in shares of Xometry during the 4th quarter valued at $219,000. 97.31% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

XMTR has been the subject of several research reports. The Goldman Sachs Group lifted their price objective on Xometry from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. JMP Securities restated a “market outperform” rating and set a $42.00 price objective on shares of Xometry in a research report on Monday. Citigroup lifted their price objective on Xometry from $25.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Wedbush restated an “outperform” rating and set a $48.00 price objective on shares of Xometry in a research report on Friday, December 20th. Finally, UBS Group lifted their price objective on Xometry from $20.00 to $22.00 and gave the stock a “neutral” 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 issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $33.33.

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.