Xometry (NASDAQ:XMTR) Director Fabio Rosati Sells 8,100 Shares of Stock

Xometry, Inc. (NASDAQ:XMTR) Director Fabio Rosati sold 8,100 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $91.45, for a total value of $740,745.00. Following the transaction, the director owned 93,567 shares of the company’s stock, valued at approximately $8,556,702.15. This represents a 7.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Fabio Rosati also recently made the following trade(s):

• On Tuesday, August 11th, Fabio Rosati sold 1,900 shares of Xometry stock. The stock was sold at an average price of $89.72, for a total value of $170,468.00.

Xometry Stock Performance

XMTR traded up $0.90 during trading hours on Tuesday, hitting $91.43. The company’s stock had a trading volume of 390,009 shares, compared to its average volume of 938,957. The company has a 50-day simple moving average of $90.45 and a 200 day simple moving average of $68.64. The company has a current ratio of 3.21, a quick ratio of 3.20 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $4.74 billion, a PE ratio of -152.38 and a beta of 1.30. Xometry, Inc. has a fifty-two week low of $35.86 and a fifty-two week high of $106.08.

Xometry (NASDAQ:XMTR) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01. Xometry had a negative return on equity of 2.88% and a negative net margin of 3.82%.The company had revenue of $229.28 million during the quarter, compared to analyst estimates of $215.22 million. During the same quarter in the previous year, the firm posted $0.09 EPS. The firm’s quarterly revenue was up 41.1% on a year-over-year basis. As a group, sell-side analysts expect that Xometry, Inc. will post -0.13 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on XMTR shares. The Goldman Sachs Group increased their target price on shares of Xometry from $78.00 to $104.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Xometry in a research report on Friday, May 29th. Citigroup upped their price target on shares of Xometry from $98.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. UBS Group increased their price objective on shares of Xometry from $88.00 to $95.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Finally, Citizens Jmp boosted their target price on Xometry from $75.00 to $100.00 and gave the stock a “market outperform” rating in a report on Friday, May 8th. Six research 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’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $101.88.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of XMTR. Kemnay Advisory Services Inc. acquired a new stake in Xometry in the 4th quarter valued at about $28,000. Quantbot Technologies LP bought a new stake in shares of Xometry in the 3rd quarter worth approximately $30,000. Leonteq Securities AG bought a new stake in shares of Xometry in the 4th quarter worth approximately $59,000. Comerica Bank lifted its stake in Xometry by 17.9% during the third quarter. Comerica Bank now owns 1,140 shares of the company’s stock valued at $62,000 after purchasing an additional 173 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in Xometry by 74.2% during the first quarter. PNC Financial Services Group Inc. now owns 1,636 shares of the company’s stock valued at $67,000 after purchasing an additional 697 shares during the last quarter. 97.31% of the stock is owned by institutional investors and hedge funds.

Xometry Company Profile

Xometry, Inc (NASDAQ: XMTR) operates a technology-driven marketplace that connects businesses with on-demand manufacturing capacity across a wide array of processes. Through its proprietary Instant Quoting Engine and Xometry Platform, the company streamlines sourcing for CNC machining, 3D printing, sheet metal fabrication, injection molding, urethane casting and other custom manufacturing services. By aggregating a network of thousands of vetted suppliers, Xometry offers rapid lead times, transparent pricing and real-time order tracking to customers in sectors ranging from automotive and aerospace to medical devices and industrial equipment.

Since its founding in 2013 and headquarters in Rockville, Maryland, Xometry has expanded its geographic reach to serve customers in North America, Europe and beyond.