KLP Kapitalforvaltning AS Boosts Stock Position in Xometry, Inc. $XMTR

KLP Kapitalforvaltning AS boosted its holdings in Xometry, Inc. (NASDAQ:XMTR) by 18.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,100 shares of the company’s stock after purchasing an additional 1,400 shares during the period. KLP Kapitalforvaltning AS’s holdings in Xometry were worth $307,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. boosted its position in Xometry by 2.8% in the first quarter. Vanguard Group Inc. now owns 4,413,337 shares of the company’s stock worth $109,980,000 after purchasing an additional 120,065 shares during the last quarter. Sylebra Capital LLC boosted its position in Xometry by 2.6% in the first quarter. Sylebra Capital LLC now owns 1,881,624 shares of the company’s stock worth $46,890,000 after purchasing an additional 46,874 shares during the last quarter. New York State Common Retirement Fund boosted its position in Xometry by 4.4% in the first quarter. New York State Common Retirement Fund now owns 942,088 shares of the company’s stock worth $23,477,000 after purchasing an additional 39,480 shares during the last quarter. Baillie Gifford & Co. boosted its position in Xometry by 2.5% in the first quarter. Baillie Gifford & Co. now owns 728,281 shares of the company’s stock worth $18,149,000 after purchasing an additional 18,085 shares during the last quarter. Finally, Next Century Growth Investors LLC lifted its position in shares of Xometry by 194.1% during the 1st quarter. Next Century Growth Investors LLC now owns 664,292 shares of the company’s stock valued at $16,554,000 after buying an additional 438,393 shares during the last quarter. Hedge funds and other institutional investors own 97.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Xometry in a research report on Wednesday, October 8th. JMP Securities upped their price target on Xometry from $45.00 to $50.00 and gave the company a “market outperform” rating in a research report on Wednesday, August 6th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $49.00 price target (up previously from $42.00) on shares of Xometry in a research report on Thursday. Cantor Fitzgerald raised Xometry from an “underweight” rating to a “neutral” rating and set a $41.00 price target on the stock in a research report on Tuesday, August 5th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Xometry in a research report on Friday, July 11th. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $41.22.

Xometry Price Performance

Shares of NASDAQ XMTR opened at $47.02 on Monday. The stock’s 50-day simple moving average is $50.13 and its two-hundred day simple moving average is $37.68. Xometry, Inc. has a twelve month low of $18.59 and a twelve month high of $58.03. The firm has a market capitalization of $2.39 billion, a P/E ratio of -38.23 and a beta of 0.89. The company has a quick ratio of 3.85, a current ratio of 3.91 and a debt-to-equity ratio of 1.20.

Xometry (NASDAQ:XMTR) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.04. Xometry had a negative return on equity of 6.79% and a negative net margin of 10.20%.The firm had revenue of $162.55 million for the quarter, compared to analysts’ expectations of $156.53 million. During the same quarter last year, the firm posted ($0.01) EPS. The company’s revenue was up 22.6% compared to the same quarter last year. Xometry has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Xometry, Inc. will post -0.66 EPS for the current fiscal year.

Insider Activity

In other Xometry news, CFO James Miln sold 598 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $50.25, for a total value of $30,049.50. Following the sale, the chief financial officer owned 144,115 shares of the company’s stock, valued at $7,241,778.75. This trade represents a 0.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Randolph Altschuler sold 9,331 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $50.31, for a total value of $469,442.61. Following the completion of the sale, the chief executive officer directly owned 310,271 shares in the company, valued at approximately $15,609,734.01. The trade was a 2.92% decrease in their position. The disclosure for this sale can be found here. Company insiders own 9.66% of the company’s stock.

Xometry 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.