Xometry (NASDAQ:XMTR) Trading Down 6.2% – Time to Sell?

Xometry, Inc. (NASDAQ:XMTR) fell 6.2% during trading on Thursday . The company traded as low as $61.40 and last traded at $61.5690. 91,198 shares changed hands during trading, a decline of 87% from the average session volume of 725,863 shares. The stock had previously closed at $65.66.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on XMTR shares. Citigroup reaffirmed an “outperform” rating on shares of Xometry in a research note on Wednesday, November 5th. JMP Securities set a $75.00 price objective on shares of Xometry in a research note on Wednesday, November 5th. JPMorgan Chase & Co. increased their price target on Xometry from $55.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, November 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Xometry in a report on Wednesday, October 8th. Finally, Cantor Fitzgerald upped their price objective on shares of Xometry from $41.00 to $60.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Xometry currently has an average rating of “Hold” and a consensus price target of $57.89.

Xometry Price Performance

The company has a quick ratio of 3.58, a current ratio of 3.62 and a debt-to-equity ratio of 1.20. The company has a 50 day simple moving average of $52.83 and a 200-day simple moving average of $41.86. The stock has a market cap of $3.06 billion, a price-to-earnings ratio of -48.32 and a beta of 0.87.

Xometry (NASDAQ:XMTR) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.11 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.11. The business had revenue of $180.72 million during the quarter, compared to the consensus estimate of $168.25 million. Xometry had a negative return on equity of 6.59% and a negative net margin of 9.80%.The business’s quarterly revenue was up 27.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.02 EPS. Xometry has set its Q4 2025 guidance at EPS. As a group, research analysts anticipate that Xometry, Inc. will post -0.66 EPS for the current fiscal year.

Insider Transactions at Xometry

In other news, CFO James Miln sold 599 shares of Xometry stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $62.11, for a total value of $37,203.89. Following the completion of the transaction, the chief financial officer directly owned 141,796 shares of the company’s stock, valued at approximately $8,806,949.56. The trade was a 0.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Randolph Altschuler sold 9,331 shares of the business’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $50.31, for a total transaction of $469,442.61. Following the sale, the chief executive officer directly owned 310,271 shares of the company’s stock, valued at approximately $15,609,734.01. This represents a 2.92% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 10,528 shares of company stock worth $536,696. Insiders own 9.66% of the company’s stock.

Institutional Trading of Xometry

A number of institutional investors and hedge funds have recently made changes to their positions in XMTR. Swiss National Bank boosted its position in Xometry by 2.3% during the 3rd quarter. Swiss National Bank now owns 85,800 shares of the company’s stock valued at $4,674,000 after purchasing an additional 1,900 shares during the period. Russell Investments Group Ltd. lifted its stake in Xometry by 30.7% in the third quarter. Russell Investments Group Ltd. now owns 20,350 shares of the company’s stock valued at $1,109,000 after buying an additional 4,783 shares during the last quarter. Blair William & Co. IL boosted its holdings in shares of Xometry by 22.1% during the third quarter. Blair William & Co. IL now owns 324,565 shares of the company’s stock valued at $17,679,000 after acquiring an additional 58,707 shares during the period. First Trust Advisors LP grew its position in shares of Xometry by 12.8% during the third quarter. First Trust Advisors LP now owns 1,443,283 shares of the company’s stock worth $78,616,000 after acquiring an additional 164,278 shares during the last quarter. Finally, Barclays PLC grew its position in shares of Xometry by 41.1% during the third quarter. Barclays PLC now owns 126,423 shares of the company’s stock worth $6,886,000 after acquiring an additional 36,826 shares during the last quarter. 97.31% of the stock is currently owned by institutional investors and hedge funds.

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.