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 stock was sold at an average price of $108.90, for a total value of $1,089,000.00. Following the sale, the director directly owned 531,270 shares in the company, valued at approximately $57,855,303. This represents a 1.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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 stock was 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 stock was sold at an average price of $90.82, for a total transaction of $908,200.00.

Xometry Stock Performance

Shares of XMTR stock opened at $114.95 on Friday. 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, Inc. has a 52 week low of $35.86 and a 52 week high of $117.94. The company’s 50 day moving average price is $98.21 and its two-hundred day moving average price is $77.22. The company has a market capitalization of $5.96 billion, a P/E ratio of -338.08 and a beta of 1.33.

Xometry (NASDAQ:XMTR – Get Free Report) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.09. Xometry had a negative net margin of 1.97% and a positive return on equity of 0.18%. The company had revenue of $252.44 million during the quarter, compared to the consensus estimate of $235.54 million. During the same quarter in the prior year, the firm earned $0.11 earnings per share. The firm’s revenue was up 39.5% compared to the same quarter last year. On average, analysts expect that Xometry, Inc. will post 0.03 earnings per share for the current fiscal year.

More Xometry News

Here are the key news stories impacting Xometry this week:

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Raymond James Financial set a $120.00 price target on shares of Xometry in a research note on Tuesday, September 22nd. Cantor Fitzgerald boosted their price objective on shares of Xometry from $110.00 to $114.00 and gave the stock an “overweight” rating in a research report on Wednesday. Wedbush increased their target price on shares of Xometry from $126.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday. Royal Bank Of Canada raised their target price on shares of Xometry from $100.00 to $117.00 and gave the company a “hold” rating in a research report on Wednesday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Xometry in a research note on Wednesday, August 26th. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Xometry currently has an average rating of “Moderate Buy” and a consensus price target of $123.64.

Check Out Our Latest Research Report on XMTR

Hedge Funds Weigh In On Xometry

A number of institutional investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP lifted its stake in shares of Xometry by 26.9% during the 2nd quarter. Wellington Management Group LLP now owns 1,322,581 shares of the company’s stock worth $127,656,000 after buying an additional 280,491 shares during the last quarter. Zevenbergen Capital Investments LLC grew its stake in Xometry by 115.1% in the 3rd quarter. Zevenbergen Capital Investments LLC now owns 297,552 shares of the company’s stock valued at $30,603,000 after buying an additional 159,227 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Xometry by 243.6% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 694,390 shares of the company’s stock valued at $29,015,000 after acquiring an additional 492,285 shares during the period. Russell Investments Group Ltd. raised its holdings in Xometry by 86.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 224,048 shares of the company’s stock valued at $23,044,000 after acquiring an additional 103,827 shares during the period. Finally, Sylebra Capital LLC raised its holdings in Xometry by 31.3% in the 1st quarter. Sylebra Capital LLC now owns 535,624 shares of the company’s stock valued at $21,875,000 after acquiring an additional 127,637 shares during the period. 97.31% of the stock is currently owned by institutional investors and hedge funds.

About Xometry

(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.

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

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