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

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 986 shares of Xometry stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $40.08, for a total transaction of $39,518.88. Following the completion of the transaction, the chief operating officer now directly owns 168,933 shares of the company’s stock, valued at $6,770,834.64. The trade was a 0.58 % decrease in their ownership of the stock. 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 Monday, November 11th, Peter Goguen sold 5,000 shares of Xometry stock. The shares were sold at an average price of $32.00, for a total transaction of $160,000.00.
• On Thursday, November 7th, Peter Goguen sold 12,000 shares of Xometry stock. The stock was sold at an average price of $29.55, for a total value of $354,600.00.
• On Thursday, October 3rd, Peter Goguen sold 940 shares of Xometry stock. The shares were sold at an average price of $17.22, for a total value of $16,186.80.

Xometry Stock Performance

Shares of NASDAQ:XMTR opened at $41.67 on Friday. The firm’s 50 day simple moving average is $28.45 and its 200-day simple moving average is $20.22. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.55 and a current ratio of 4.59. Xometry, Inc. has a one year low of $11.08 and a one year high of $42.00. The firm has a market cap of $2.07 billion, a PE ratio of -39.69 and a beta of 0.83.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of XMTR. Franklin Resources Inc. lifted its holdings in shares of Xometry by 32.9% in the 3rd quarter. Franklin Resources Inc. now owns 38,881 shares of the company’s stock worth $731,000 after buying an additional 9,625 shares during the period. Barclays PLC lifted its stake in Xometry by 360.9% in the third quarter. Barclays PLC now owns 68,951 shares of the company’s stock worth $1,266,000 after acquiring an additional 53,991 shares during the period. Geode Capital Management LLC grew its holdings in Xometry by 4.3% during the 3rd quarter. Geode Capital Management LLC now owns 995,478 shares of the company’s stock worth $18,291,000 after acquiring an additional 41,341 shares in the last quarter. Sylebra Capital LLC increased its position in Xometry by 19.1% during the 3rd quarter. Sylebra Capital LLC now owns 1,796,867 shares of the company’s stock valued at $33,008,000 after purchasing an additional 288,151 shares during the period. Finally, Weiss Asset Management LP purchased a new position in Xometry during the 3rd quarter valued at about $1,586,000. 97.31% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

XMTR has been the topic of several analyst reports. Wedbush reissued an “outperform” rating and set a $48.00 target price on shares of Xometry in a research report on Friday. Cantor Fitzgerald reissued an “underweight” rating and issued a $12.00 target price on shares of Xometry in a research note on Wednesday, November 6th. Craig Hallum lifted their price target on shares of Xometry from $20.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. The Goldman Sachs Group increased their price objective on shares of Xometry from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Finally, Royal Bank of Canada boosted their target price on Xometry from $23.00 to $27.00 and gave the company a “sector perform” rating in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $31.89.

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.