Nisa Investment Advisors LLC Buys 8,019 Shares of Xometry, Inc. (NASDAQ:XMTR)

Nisa Investment Advisors LLC boosted its position in Xometry, Inc. (NASDAQ:XMTR) by 50,118.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,035 shares of the company’s stock after acquiring an additional 8,019 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Xometry were worth $289,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Legal & General Group Plc boosted its stake in shares of Xometry by 3.9% during the fourth quarter. Legal & General Group Plc now owns 7,590 shares of the company’s stock valued at $245,000 after purchasing an additional 284 shares during the period. Brown Advisory Inc. boosted its position in Xometry by 5.3% during the 4th quarter. Brown Advisory Inc. now owns 7,774 shares of the company’s stock valued at $251,000 after buying an additional 392 shares during the period. State of Wyoming increased its position in shares of Xometry by 82.8% in the fourth quarter. State of Wyoming now owns 1,159 shares of the company’s stock valued at $37,000 after acquiring an additional 525 shares during the period. UBS Group AG raised its stake in shares of Xometry by 81.1% during the third quarter. UBS Group AG now owns 1,869 shares of the company’s stock valued at $106,000 after acquiring an additional 837 shares during the last quarter. Finally, Advisors Asset Management Inc. purchased a new stake in shares of Xometry during the first quarter worth about $33,000. Hedge funds and other institutional investors own 97.31% of the company’s stock.

Xometry Price Performance

Shares of NASDAQ XMTR opened at $16.05 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 4.25 and a current ratio of 4.28. The company has a 50 day simple moving average of $21.24 and a two-hundred day simple moving average of $23.72. Xometry, Inc. has a fifty-two week low of $12.45 and a fifty-two week high of $38.74. The company has a market capitalization of $779.71 million, a price-to-earnings ratio of -11.46 and a beta of 0.71.

Xometry (NASDAQ:XMTR) last released its earnings results on Thursday, February 29th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.01). The company had revenue of $128.15 million during the quarter, compared to the consensus estimate of $127.78 million. Xometry had a negative return on equity of 17.34% and a negative net margin of 14.56%. Analysts expect that Xometry, Inc. will post -0.64 EPS for the current fiscal year.

Insider Transactions at Xometry

In related news, COO Peter Goguen sold 3,943 shares of the firm’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $17.61, for a total transaction of $69,436.23. Following the completion of the sale, the chief operating officer now owns 197,211 shares of the company’s stock, valued at $3,472,885.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Emily Rollins sold 1,000 shares of the firm’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $32.39, for a total transaction of $32,390.00. Following the sale, the director now owns 10,770 shares of the company’s stock, valued at approximately $348,840.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Peter Goguen sold 3,943 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $17.61, for a total transaction of $69,436.23. Following the transaction, the chief operating officer now directly owns 197,211 shares of the company’s stock, valued at $3,472,885.71. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 16,243 shares of company stock worth $444,742. Corporate insiders own 19.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. TheStreet lowered Xometry from a “c-” rating to a “d” rating in a research report on Thursday, February 29th. JMP Securities boosted their price objective on shares of Xometry from $26.00 to $42.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 3rd. Royal Bank of Canada cut their target price on shares of Xometry from $38.00 to $23.00 and set a “sector perform” rating on the stock in a research note on Friday, March 1st. The Goldman Sachs Group decreased their price target on shares of Xometry from $46.00 to $28.00 and set a “buy” rating for the company in a research note on Friday, March 1st. Finally, UBS Group reduced their target price on Xometry from $22.00 to $21.00 and set a “neutral” rating on the stock in a report on Wednesday, March 13th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Xometry has an average rating of “Moderate Buy” and a consensus price target of $28.67.

Xometry Company Profile

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.