Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen Sells 986 Shares of Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 986 shares of the stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $25.20, for a total transaction of $24,847.20. Following the sale, the chief operating officer now owns 187,883 shares of the company’s stock, valued at $4,734,651.60. This trade represents a 0.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Tuesday, February 11th, Peter Goguen sold 3,000 shares of Xometry stock. The stock was sold at an average price of $35.57, for a total transaction of $106,710.00.
• 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.

Xometry Price Performance

NASDAQ XMTR opened at $26.27 on Thursday. The company has a quick ratio of 4.55, a current ratio of 4.59 and a debt-to-equity ratio of 0.90. Xometry, Inc. has a 12-month low of $11.08 and a 12-month high of $45.33. The company has a market capitalization of $1.32 billion, a PE ratio of -25.02 and a beta of 0.69. The firm’s 50 day moving average is $31.61 and its 200-day moving average is $28.66.

Analyst Upgrades and Downgrades

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

Institutional Trading of Xometry

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System raised its holdings in shares of Xometry by 5.4% in the fourth quarter. California State Teachers Retirement System now owns 39,288 shares of the company’s stock valued at $1,676,000 after purchasing an additional 2,015 shares during the last quarter. Centaurus Financial Inc. acquired a new position in Xometry during the fourth quarter worth $159,000. Sylebra Capital LLC increased its holdings in Xometry by 2.1% during the fourth quarter. Sylebra Capital LLC now owns 1,834,750 shares of the company’s stock worth $78,270,000 after buying an additional 37,883 shares during the last quarter. 49 Wealth Management LLC acquired a new position in Xometry during the fourth quarter worth $319,000. Finally, State of Wyoming increased its holdings in Xometry by 8.2% during the fourth quarter. State of Wyoming now owns 8,876 shares of the company’s stock worth $379,000 after buying an additional 676 shares during the last quarter. 97.31% of the stock is currently owned by institutional investors and hedge funds.

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.