Xometry (NASDAQ:XMTR) Director Fabio Rosati Sells 8,100 Shares of Stock

Xometry, Inc. (NASDAQ:XMTR) Director Fabio Rosati sold 8,100 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $91.45, for a total transaction of $740,745.00. Following the completion of the sale, the director directly owned 93,567 shares in the company, valued at approximately $8,556,702.15. This represents a 7.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Fabio Rosati also recently made the following trade(s):

• On Tuesday, August 11th, Fabio Rosati sold 1,900 shares of Xometry stock. The shares were sold at an average price of $89.72, for a total transaction of $170,468.00.

Xometry Stock Performance

Shares of XMTR opened at $91.43 on Wednesday. The company has a current ratio of 3.21, a quick ratio of 3.20 and a debt-to-equity ratio of 0.41. The firm’s fifty day simple moving average is $90.57 and its two-hundred day simple moving average is $68.85. Xometry, Inc. has a 12 month low of $35.86 and a 12 month high of $106.08. The stock has a market capitalization of $4.74 billion, a P/E ratio of -152.38 and a beta of 1.29.

Xometry (NASDAQ:XMTR) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.01. The firm had revenue of $229.28 million during the quarter, compared to analyst estimates of $215.22 million. Xometry had a negative return on equity of 2.88% and a negative net margin of 3.82%.The business’s quarterly revenue was up 41.1% on a year-over-year basis. During the same period last year, the company posted $0.09 EPS. As a group, analysts predict that Xometry, Inc. will post -0.06 EPS for the current year.

Analyst Upgrades and Downgrades

XMTR has been the topic of a number of research analyst reports. Royal Bank Of Canada increased their price target on Xometry from $85.00 to $100.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 5th. The Goldman Sachs Group increased their target price on shares of Xometry from $78.00 to $104.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Citigroup raised their price target on shares of Xometry from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Xometry in a research note on Friday, May 29th. Finally, Citizens Jmp upped their price objective on shares of Xometry from $75.00 to $100.00 and gave the company a “market outperform” rating in a report on Friday, May 8th. Six equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $101.88.

Institutional Trading of Xometry

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Kemnay Advisory Services Inc. bought a new position in shares of Xometry in the fourth quarter valued at $28,000. Quantbot Technologies LP acquired a new stake in shares of Xometry in the 3rd quarter worth about $30,000. Leonteq Securities AG bought a new position in Xometry in the 4th quarter valued at about $59,000. CoreCap Advisors LLC acquired a new position in Xometry during the 2nd quarter valued at about $97,000. Finally, Comerica Bank increased its holdings in Xometry by 17.9% during the 3rd quarter. Comerica Bank now owns 1,140 shares of the company’s stock worth $62,000 after purchasing an additional 173 shares in the last quarter. Institutional investors own 97.31% of the company’s stock.

About Xometry

Xometry, Inc (NASDAQ: XMTR) operates a technology-driven marketplace that connects businesses with on-demand manufacturing capacity across a wide array of processes. Through its proprietary Instant Quoting Engine and Xometry Platform, the company streamlines sourcing for CNC machining, 3D printing, sheet metal fabrication, injection molding, urethane casting and other custom manufacturing services. By aggregating a network of thousands of vetted suppliers, Xometry offers rapid lead times, transparent pricing and real-time order tracking to customers in sectors ranging from automotive and aerospace to medical devices and industrial equipment.

Since its founding in 2013 and headquarters in Rockville, Maryland, Xometry has expanded its geographic reach to serve customers in North America, Europe and beyond.