Xometry (NASDAQ:XMTR) Director Emily Rollins Sells 2,500 Shares of Stock

Xometry, Inc. (NASDAQ:XMTR) Director Emily Rollins sold 2,500 shares of the firm’s stock in a transaction on Wednesday, November 11th. The shares were sold at an average price of $123.89, for a total value of $309,725.00. Following the transaction, the director owned 12,636 shares of the company’s stock, valued at $1,565,474.04. The trade was a 16.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Wednesday, August 19th, Emily Rollins sold 5,000 shares of Xometry stock. The stock was sold at an average price of $84.31, for a total transaction of $421,550.00.

Xometry Stock Down 1.0%

Xometry stock traded down $1.17 during mid-day trading on Friday, reaching $119.61. The stock had a trading volume of 576,710 shares, compared to its average volume of 916,844. Xometry, Inc. has a one year low of $35.86 and a one year high of $127.49. The company has a 50-day moving average price of $101.00 and a two-hundred day moving average price of $78.66. The company has a market capitalization of $6.20 billion, a price-to-earnings ratio of -351.78 and a beta of 1.33. The company has a debt-to-equity ratio of 0.40, a current ratio of 3.15 and a quick ratio of 3.13.

Xometry (NASDAQ:XMTR) last released its quarterly earnings data on Tuesday, November 3rd. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. The business had revenue of $252.44 million during the quarter, compared to analyst estimates of $235.54 million. Xometry had a negative net margin of 1.97% and a positive return on equity of 0.18%. Xometry’s revenue was up 39.5% compared to the same quarter last year. During the same period last year, the business earned $0.11 EPS. On average, analysts expect that Xometry, Inc. will post 0.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Xometry in a research report on Wednesday, August 26th. Wedbush upped their price objective on Xometry from $126.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, November 4th. JPMorgan Chase & Co. increased their target price on Xometry from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, November 4th. Royal Bank Of Canada lifted their target price on Xometry from $100.00 to $117.00 and gave the stock a “hold” rating in a report on Wednesday, November 4th. Finally, The Goldman Sachs Group boosted their price target on Xometry from $78.00 to $104.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $124.55.

Institutional Trading of Xometry

A number of large investors have recently made changes to their positions in XMTR. Entropy Technologies LP bought a new position in Xometry during the third quarter valued at approximately $1,633,000. 49 Wealth Management LLC bought a new stake in Xometry in the 3rd quarter worth approximately $331,000. Palumbo Wealth Management LLC grew its position in Xometry by 15.3% in the 3rd quarter. Palumbo Wealth Management LLC now owns 20,866 shares of the company’s stock worth $2,146,000 after purchasing an additional 2,775 shares during the period. Advisors Asset Management Inc. bought a new stake in Xometry in the 3rd quarter worth approximately $59,000. Finally, Alpha Financial Partners LLC purchased a new stake in Xometry during the 3rd quarter valued at $211,000. 97.31% of the stock is currently owned by institutional investors.

About Xometry

Xometry, Inc. operates a digital marketplace that connects businesses needing custom-manufactured parts with a network of manufacturing suppliers. Its platform uses automated quoting and matching tools to help customers source parts and production services. Services available through the marketplace include CNC machining, 3D printing, sheet metal fabrication, injection molding, and other manufacturing processes. Xometry also offers related services such as product sourcing and procurement tools, and operates Thomasnet, an online platform for discovering and evaluating industrial suppliers.