Zurcher Kantonalbank Zurich Cantonalbank Has $266,000 Stock Holdings in Xometry, Inc. (NASDAQ:XMTR)

Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Xometry, Inc. (NASDAQ:XMTR) by 13.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,401 shares of the company’s stock after acquiring an additional 894 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Xometry were worth $266,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of XMTR. SG Americas Securities LLC purchased a new stake in shares of Xometry during the 3rd quarter worth about $560,000. Bank of New York Mellon Corp raised its position in Xometry by 7.7% during the third quarter. Bank of New York Mellon Corp now owns 152,545 shares of the company’s stock valued at $2,590,000 after acquiring an additional 10,913 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC bought a new stake in Xometry in the third quarter worth approximately $180,000. Swiss National Bank grew its position in Xometry by 1.1% in the third quarter. Swiss National Bank now owns 84,400 shares of the company’s stock worth $1,433,000 after acquiring an additional 900 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Xometry by 29.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 299,197 shares of the company’s stock valued at $5,080,000 after purchasing an additional 67,443 shares during the last quarter. Institutional investors and hedge funds own 97.31% of the company’s stock.

Insider Transactions at Xometry

In other news, COO Peter Goguen sold 3,943 shares of the stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $17.61, for a total value of $69,436.23. Following the completion of the transaction, the chief operating officer now directly owns 197,211 shares of the company’s stock, valued at approximately $3,472,885.71. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, CFO James M. Rallo sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $30.85, for a total transaction of $154,250.00. Following the sale, the chief financial officer now directly owns 44,381 shares in the company, valued at approximately $1,369,153.85. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Peter Goguen sold 3,943 shares of the firm’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $17.61, for a total value of $69,436.23. Following the sale, the chief operating officer now directly owns 197,211 shares of the company’s stock, valued at $3,472,885.71. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,243 shares of company stock valued at $247,252. Corporate insiders own 19.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. TheStreet downgraded shares of Xometry from a “c-” rating to a “d” rating in a research report on Thursday, February 29th. The Goldman Sachs Group cut their price objective on Xometry from $46.00 to $28.00 and set a “buy” rating on the stock in a research note on Friday, March 1st. Royal Bank of Canada lowered their price target on Xometry from $38.00 to $23.00 and set a “sector perform” rating on the stock in a report on Friday, March 1st. UBS Group decreased their price objective on shares of Xometry from $22.00 to $21.00 and set a “neutral” rating for the company in a report on Wednesday, March 13th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $30.00 target price on shares of Xometry in a report on Tuesday, April 23rd. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $26.67.

Xometry Stock Performance

NASDAQ XMTR opened at $18.34 on Monday. Xometry, Inc. has a twelve month low of $12.45 and a twelve month high of $38.74. The company has a quick ratio of 4.25, a current ratio of 4.28 and a debt-to-equity ratio of 0.85. The stock has a market cap of $890.96 million, a P/E ratio of -13.10 and a beta of 0.65. The company’s 50-day simple moving average is $18.12 and its 200 day simple moving average is $23.80.

Xometry (NASDAQ:XMTR) last released its quarterly earnings data on Thursday, February 29th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.01). Xometry had a negative net margin of 14.56% and a negative return on equity of 17.34%. The company had revenue of $128.15 million during the quarter, compared to the consensus estimate of $127.78 million. As a group, research analysts forecast that Xometry, Inc. will post -0.64 earnings per share for the current fiscal year.

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.