Posted by admin on Aug 2nd, 2022

Xometry, Inc. (NASDAQ:XMTR – Get Rating) CFO James M. Rallo sold 10,000 shares of Xometry stock in a transaction on Friday, July 29th. The stock was sold at an average price of $37.63, for a total value of $376,300.00. Following the sale, the chief financial officer now owns 21,687 shares in the company, valued at $816,081.81. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of Xometry stock opened at $38.95 on Tuesday. Xometry, Inc. has a 52-week low of $26.61 and a 52-week high of $83.21. The stock’s 50-day simple moving average is $34.78 and its 200 day simple moving average is $38.45. The stock has a market capitalization of $1.73 billion, a P/E ratio of -14.16 and a beta of 0.38. The company has a debt-to-equity ratio of 0.68, a quick ratio of 7.82 and a current ratio of 7.86.

Xometry (NASDAQ:XMTR – Get Rating) last announced its quarterly earnings data on Wednesday, May 11th. The company reported ($0.35) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.09. Xometry had a negative return on equity of 23.42% and a negative net margin of 27.47%. The business had revenue of $83.67 million for the quarter, compared to analysts’ expectations of $81.02 million. As a group, research analysts anticipate that Xometry, Inc. will post -1.02 EPS for the current year.

XMTR has been the topic of a number of recent analyst reports. The Goldman Sachs Group lowered their target price on Xometry from $51.00 to $44.00 and set a “buy” rating on the stock in a research note on Thursday, June 9th. CL King lowered their target price on Xometry from $65.00 to $55.00 in a research note on Thursday, May 12th. Finally, Loop Capital lowered their price objective on Xometry from $50.00 to $46.00 and set a “buy” rating on the stock in a research note on Tuesday, July 19th.

A number of hedge funds have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC grew its holdings in Xometry by 4.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 65,423 shares of the company’s stock valued at $2,219,000 after buying an additional 2,757 shares in the last quarter. Glynn Capital Management LLC grew its holdings in Xometry by 5.8% during the 2nd quarter. Glynn Capital Management LLC now owns 358,788 shares of the company’s stock valued at $12,174,000 after buying an additional 19,608 shares in the last quarter. WoodTrust Financial Corp grew its holdings in Xometry by 28.5% during the 2nd quarter. WoodTrust Financial Corp now owns 19,600 shares of the company’s stock valued at $665,000 after buying an additional 4,350 shares in the last quarter. LVW Advisors LLC grew its holdings in Xometry by 11.4% during the 2nd quarter. LVW Advisors LLC now owns 9,326 shares of the company’s stock valued at $316,000 after buying an additional 951 shares in the last quarter. Finally, Values First Advisors Inc. purchased a new position in Xometry during the 2nd quarter valued at about $352,000. Hedge funds and other institutional investors own 77.31% of the company’s stock.

Xometry, Inc operates a marketplace that enables buyers to source manufactured parts and assemblies in the United States and internationally. It provides CNC machining, milling, and turning services; sheet, laser, waterjet, and plasma cutting services; and sheet metal forming services. The company also offers 3D printing services, such as carbon digital light synthesis, fused deposition modeling, HP multi jet fusion, PolyJet, selective laser sintering, stereolithography, metal 3D printing service, direct metal laser sintering, and metal binder jetting; and injection molding services, including plastic injection, over, insert, and prototype molding, as well as bridge and production tooling.

Receive News & Ratings for Xometry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xometry and related companies with MarketBeat.com's FREE daily email newsletter.

BOK Financial Co. (NASDAQ:BOKF) Director Steven Bangert Sells 3,000 Shares

StockNews.com Downgrades TEGNA (NYSE:TGNA) to Hold