Xometry (NASDAQ:XMTR) Stock: Insider Randolph Altschuler Sells 10,000 Shares

Xometry, Inc. (NASDAQ:XMTR – Get Free Report) Director Randolph Altschuler sold 10,000 shares of the firm’s stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $108.90, for a total value of $1,089,000.00. Following the completion of the sale, the director owned 531,270 shares of the company’s stock, valued at approximately $57,855,303. This represents a 1.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Friday, October 2nd, Randolph Altschuler sold 5,721 shares of Xometry stock. The shares were sold at an average price of $103.32, for a total value of $591,093.72.
  • On Thursday, October 1st, Randolph Altschuler sold 10,000 shares of Xometry stock. The shares were sold at an average price of $104.04, for a total value of $1,040,400.00.
  • On Tuesday, September 1st, Randolph Altschuler sold 10,000 shares of Xometry stock. The shares were sold at an average price of $90.82, for a total value of $908,200.00.

Xometry Stock Up 5.4%

Shares of NASDAQ XMTR traded up $5.94 during midday trading on Friday, hitting $114.95. 1,101,591 shares of the stock traded hands, compared to its average volume of 883,905. The company has a market cap of $5.96 billion, a PE ratio of -338.08 and a beta of 1.33. Xometry, Inc. has a one year low of $35.86 and a one year high of $117.94. The business has a 50 day moving average price of $97.84 and a two-hundred day moving average price of $76.95. The company has a debt-to-equity ratio of 0.40, a quick ratio of 3.20 and a current ratio of 3.15.

Xometry (NASDAQ:XMTR – Get Free Report) last issued its earnings results on Tuesday, November 3rd. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. Xometry had a positive return on equity of 0.18% and a negative net margin of 1.97%. The company had revenue of $252.44 million for the quarter, compared to analyst estimates of $235.54 million. During the same period in the prior year, the firm earned $0.11 earnings per share. Xometry’s revenue for the quarter was up 39.5% on a year-over-year basis. On average, equities analysts predict that Xometry, Inc. will post -0.01 EPS for the current year.

Institutional Investors Weigh In On Xometry

Several institutional investors have recently bought and sold shares of the stock. Odyssean LLC bought a new position in Xometry during the 2nd quarter valued at $1,464,000. Zevenbergen Capital Investments LLC boosted its holdings in Xometry by 115.1% during the 3rd quarter. Zevenbergen Capital Investments LLC now owns 297,552 shares of the company’s stock worth $30,603,000 after acquiring an additional 159,227 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in Xometry by 759.5% during the 1st quarter. Quantinno Capital Management LP now owns 32,694 shares of the company’s stock worth $1,335,000 after acquiring an additional 28,890 shares during the last quarter. Sylebra Capital LLC boosted its holdings in Xometry by 31.3% during the 1st quarter. Sylebra Capital LLC now owns 535,624 shares of the company’s stock worth $21,875,000 after acquiring an additional 127,637 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in shares of Xometry in the 1st quarter worth $1,150,000. Institutional investors own 97.31% of the company’s stock.

More Xometry News

Here are the key news stories impacting Xometry this week:

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on XMTR shares. Citigroup raised their price objective on shares of Xometry from $110.00 to $132.00 and gave the company a “buy” rating in a research note on Wednesday. Citizens Jmp boosted their target price on shares of Xometry from $120.00 to $135.00 and gave the stock a “market outperform” rating in a research report on Wednesday. The Goldman Sachs Group upped their target price on shares of Xometry from $78.00 to $104.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Rosenblatt Securities raised their price target on shares of Xometry from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Cantor Fitzgerald raised their price target on shares of Xometry from $110.00 to $114.00 and gave the company an “overweight” rating in a research report on Wednesday. Eight 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 data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $123.64.

View Our Latest Stock Report on Xometry

Xometry Company Profile

(Get Free Report)

Xometry, Inc (NASDAQ:XMTR) operates a technology-driven marketplace that connects businesses seeking custom parts with a network of manufacturing suppliers. Its platform uses automated pricing, manufacturability analysis and digital workflows to help customers source parts and manage production more efficiently.

The company supports a range of manufacturing processes, including CNC machining, 3D printing, sheet metal fabrication, injection molding, urethane casting and other specialized production services.

Further Reading

Insider Buying and Selling by Quarter for Xometry (NASDAQ:XMTR)

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