Vaidyanathan Raghavan Sells 3,570 Shares of Xometry (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR) CTO Vaidyanathan Raghavan sold 3,570 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $66.51, for a total transaction of $237,440.70. Following the sale, the chief technology officer directly owned 38,397 shares of the company’s stock, valued at approximately $2,553,784.47. The trade was a 8.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Xometry Price Performance

Shares of Xometry stock opened at $68.25 on Thursday. The stock has a market cap of $3.50 billion, a P/E ratio of -54.60 and a beta of 0.86. The company has a debt-to-equity ratio of 1.20, a quick ratio of 3.58 and a current ratio of 3.62. The stock’s fifty day moving average is $60.17 and its 200 day moving average is $49.77. Xometry, Inc. has a one year low of $18.59 and a one year high of $69.26.

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

More Xometry News

Here are the key news stories impacting Xometry this week:

• Positive Sentiment: Analyst/market recognition: Xometry’s composite rating climbed to 96 in a recent write‑up, a headline that can attract momentum investors and institutional interest. Read More.
• Neutral Sentiment: Third‑party coverage: A comparative review of Xometry and a peer was published; useful for awareness but unlikely to move the stock materially unless it contains new forecasts or catalyst details. Read More.
• Negative Sentiment: Clustered insider selling: Multiple senior executives and a director disclosed coordinated sales in early January (CEO Randolph Altschuler, CFO James Miln, President Sanjeev Sahni, CTO V. Raghavan, insider Subir Dutt and Director Emily Rollins). Combined disclosures represent several hundred thousand to over a million dollars of proceeds and reduced holdings by ~4–8% for some insiders — a signal investors often interpret cautiously even if sales are for diversification or option exercises. Representative SEC filings: CEO Read More., CFO Read More..

Wall Street Analysts Forecast Growth

XMTR has been the subject of a number of recent analyst reports. Cantor Fitzgerald upped their price target on shares of Xometry from $41.00 to $60.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. The Goldman Sachs Group upped their target price on shares of Xometry from $49.00 to $56.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Xometry in a research note on Wednesday, October 8th. JPMorgan Chase & Co. raised 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. Finally, Wedbush upped their price objective on Xometry from $48.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 5th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $57.89.

Institutional Trading of Xometry

Several hedge funds have recently bought and sold shares of XMTR. GAMMA Investing LLC increased its holdings in shares of Xometry by 26.5% in the fourth quarter. GAMMA Investing LLC now owns 773 shares of the company’s stock worth $46,000 after purchasing an additional 162 shares during the last quarter. Comerica Bank grew its holdings in Xometry by 17.9% during the 3rd quarter. Comerica Bank now owns 1,140 shares of the company’s stock valued at $62,000 after buying an additional 173 shares in the last quarter. Arizona State Retirement System increased its stake in Xometry by 2.0% in the 3rd quarter. Arizona State Retirement System now owns 13,081 shares of the company’s stock worth $713,000 after acquiring an additional 256 shares during the last quarter. Mariner LLC raised its holdings in shares of Xometry by 3.2% during the 3rd quarter. Mariner LLC now owns 9,844 shares of the company’s stock worth $536,000 after acquiring an additional 301 shares in the last quarter. Finally, Corebridge Financial Inc. boosted its position in shares of Xometry by 1.6% during the 1st quarter. Corebridge Financial Inc. now owns 21,481 shares of the company’s stock valued at $535,000 after acquiring an additional 348 shares during the last quarter. Hedge funds and other institutional investors own 97.31% of the company’s stock.

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.