Emily Rollins Sells 10,041 Shares of Xometry, Inc. (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR) Director Emily Rollins sold 10,041 shares of the business’s stock in a transaction on Friday, May 9th. The shares were sold at an average price of $30.70, for a total transaction of $308,258.70. Following the sale, the director now directly owns 11,105 shares of the company’s stock, valued at approximately $340,923.50. The trade was a 47.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Emily Rollins also recently made the following trade(s):

• On Monday, April 7th, Emily Rollins sold 2,000 shares of Xometry stock. The shares were sold at an average price of $20.66, for a total value of $41,320.00.

Xometry Trading Down 0.3%

Xometry stock opened at $30.49 on Monday. Xometry, Inc. has a 1 year low of $11.08 and a 1 year high of $45.33. The firm’s 50 day moving average price is $24.60 and its 200-day moving average price is $30.27. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.59 and a quick ratio of 4.55. The stock has a market cap of $1.53 billion, a P/E ratio of -29.04 and a beta of 0.71.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Cantor Fitzgerald raised their price objective on Xometry from $20.00 to $21.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 7th. Royal Bank of Canada increased their target price on shares of Xometry from $32.00 to $36.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 7th. JPMorgan Chase & Co. lowered their price target on shares of Xometry from $45.00 to $30.00 and set an “overweight” rating on the stock in a report on Tuesday, April 22nd. JMP Securities reissued a “market outperform” rating and issued a $42.00 price objective on shares of Xometry in a research note on Monday, February 10th. Finally, The Goldman Sachs Group raised their price objective on shares of Xometry from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $34.89.

Institutional Trading of Xometry

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. First Trust Advisors LP grew its position in shares of Xometry by 2,144.2% during the fourth quarter. First Trust Advisors LP now owns 817,475 shares of the company’s stock valued at $34,873,000 after purchasing an additional 781,049 shares in the last quarter. Baillie Gifford & Co. purchased a new position in Xometry during the 4th quarter valued at approximately $30,297,000. Ameriprise Financial Inc. increased its stake in Xometry by 225.7% in the 4th quarter. Ameriprise Financial Inc. now owns 852,813 shares of the company’s stock worth $36,381,000 after acquiring an additional 590,974 shares during the last quarter. Lord Abbett & CO. LLC purchased a new stake in shares of Xometry during the 4th quarter worth approximately $17,623,000. Finally, Driehaus Capital Management LLC bought a new position in shares of Xometry during the 4th quarter valued at approximately $16,551,000. 97.31% of the stock is currently owned by institutional investors.

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.