Xometry, Inc. (NASDAQ:XMTR – Get Rating) Director Laurence Zuriff sold 7,000 shares of the company's stock in a transaction that occurred on Tuesday, September 13th. The stock was sold at an average price of $59.06, for a total value of $413,420.00. Following the completion of the transaction, the director now owns 888,286 shares of the company's stock, valued at approximately $52,462,171.16. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Laurence Zuriff also recently made the following trade(s):
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- On Thursday, September 15th, Laurence Zuriff sold 6,000 shares of Xometry stock. The stock was sold at an average price of $59.84, for a total value of $359,040.00.
- On Thursday, August 25th, Laurence Zuriff sold 6,000 shares of Xometry stock. The stock was sold at an average price of $46.92, for a total value of $281,520.00.
- On Tuesday, August 23rd, Laurence Zuriff sold 7,000 shares of Xometry stock. The stock was sold at an average price of $45.02, for a total value of $315,140.00.
- On Friday, July 1st, Laurence Zuriff sold 7,000 shares of Xometry stock. The shares were sold at an average price of $33.16, for a total value of $232,120.00.
Xometry Price Performance
Shares of XMTR opened at $56.68 on Friday. The company has a market cap of $2.53 billion, a P/E ratio of -34.56 and a beta of 0.04. The stock has a fifty day moving average price of $45.54 and a 200 day moving average price of $39.09. The company has a debt-to-equity ratio of 0.69, a current ratio of 6.93 and a quick ratio of 6.90. Xometry, Inc. has a 12 month low of $26.61 and a 12 month high of $67.47.
Xometry (NASDAQ:XMTR – Get Rating) last issued its quarterly earnings data on Wednesday, August 10th. The company reported ($0.29) EPS for the quarter, topping analysts' consensus estimates of ($0.45) by $0.16. The firm had revenue of $95.62 million during the quarter, compared to the consensus estimate of $91.90 million. Xometry had a negative return on equity of 15.95% and a negative net
margin of 24.80%. On average, research analysts forecast that Xometry, Inc. will post -1.4 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of XMTR. Northern Trust Corp grew its stake in shares of Xometry by 11.6% in the fourth quarter. Northern Trust Corp now owns 80,066 shares of the company's stock worth $4,104,000 after purchasing an additional 8,299 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Xometry by 104.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 162,342 shares of the company's stock worth $8,320,000 after purchasing an additional 83,079 shares in the last quarter. TD Asset Management Inc. grew its stake in shares of Xometry by 1,212.8% in the fourth quarter. TD Asset Management Inc. now owns 58,748 shares of the company's stock worth $3,011,000 after purchasing an additional 54,273 shares in the last quarter. Qube Research & Technologies Ltd bought a new position in shares of Xometry in the fourth quarter worth $335,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Xometry by 66.5% in the fourth quarter. JPMorgan Chase & Co. now owns 1,887,666 shares of the company's stock worth $96,742,000 after purchasing an additional 753,701 shares in the last quarter. Institutional investors own 95.80% of the company's stock.
Analyst Ratings Changes
A number of brokerages have issued reports on XMTR. The Goldman Sachs Group upped their target price on Xometry from $44.00 to $64.00 and gave the company a "buy" rating in a research report on Thursday, August 11th. CL King upped their price target on Xometry from $55.00 to $65.00 and gave the company a "buy" rating in a research report on Thursday, August 11th. Loop Capital dropped their price target on Xometry from $50.00 to $46.00 and set a "buy" rating on the stock in a research report on Tuesday, July 19th. JPMorgan Chase & Co. dropped their price target on Xometry from $100.00 to $65.00 in a research report on Wednesday, August 24th. Finally, Royal Bank of Canada upped their price target on Xometry from $46.00 to $60.00 and gave the company an "outperform" rating in a research report on Thursday, August 11th.
About Xometry
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Xometry, Inc operates a marketplace that enables buyers to source manufactured parts and assemblies in the United States and internationally. It provides CNC machining, milling, and turning services; sheet, laser, waterjet, and plasma cutting services; and sheet metal forming services. The company also offers 3D printing services, such as carbon digital light synthesis, fused deposition modeling, HP multi jet fusion, PolyJet, selective laser sintering, stereolithography, metal 3D printing service, direct metal laser sintering, and metal binder jetting; and injection molding services, including plastic injection, over, insert, and prototype molding, as well as bridge and production tooling.
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