Peter Goguen Sells 4,000 Shares of Xometry, Inc. (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTRGet Rating) COO Peter Goguen sold 4,000 shares of the business’s stock in a transaction dated Tuesday, September 13th. The stock was sold at an average price of $60.00, for a total value of $240,000.00. Following the transaction, the chief operating officer now directly owns 112,252 shares of the company’s stock, valued at approximately $6,735,120. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Peter Goguen also recently made the following trade(s):

  • On Thursday, September 8th, Peter Goguen sold 4,000 shares of Xometry stock. The stock was sold at an average price of $54.00, for a total value of $216,000.00.

Xometry Stock Performance

Shares of XMTR stock opened at $56.68 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 6.90 and a current ratio of 6.93. Xometry, Inc. has a fifty-two week low of $26.61 and a fifty-two week high of $67.47. The stock has a 50 day moving average price of $45.54 and a two-hundred day moving average price of $39.09. The company has a market capitalization of $2.53 billion, a P/E ratio of -34.56 and a beta of 0.04.

Xometry (NASDAQ:XMTRGet Rating) last announced its quarterly earnings data on Wednesday, August 10th. The company reported ($0.29) earnings per share for the quarter, beating the consensus estimate of ($0.45) by $0.16. Xometry had a negative return on equity of 15.95% and a negative net margin of 24.80%. The firm had revenue of $95.62 million during the quarter, compared to the consensus estimate of $91.90 million. Analysts expect that Xometry, Inc. will post -1.4 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. The Goldman Sachs Group boosted their price objective on Xometry from $44.00 to $64.00 and gave the stock a “buy” rating in a report on Thursday, August 11th. CL King boosted their target price on Xometry from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday, August 11th. Royal Bank of Canada boosted their target price on Xometry from $46.00 to $60.00 and gave the stock an “outperform” rating in a research report on Thursday, August 11th. JPMorgan Chase & Co. dropped their target price on Xometry from $100.00 to $65.00 in a research report on Wednesday, August 24th. Finally, Loop Capital lowered their price objective on Xometry from $50.00 to $46.00 and set a “buy” rating for the company in a research report on Tuesday, July 19th.

Hedge Funds Weigh In On Xometry

A number of hedge funds and other institutional investors have recently made changes to their positions in XMTR. Foundry Group LLC bought a new position in shares of Xometry during the fourth quarter valued at approximately $167,923,000. Vanguard Group Inc. raised its holdings in shares of Xometry by 245.6% during the first quarter. Vanguard Group Inc. now owns 2,012,915 shares of the company’s stock valued at $73,975,000 after acquiring an additional 1,430,477 shares in the last quarter. Clearbridge Investments LLC bought a new position in shares of Xometry during the first quarter valued at approximately $32,504,000. Blair William & Co. IL raised its holdings in shares of Xometry by 1,926.6% during the fourth quarter. Blair William & Co. IL now owns 901,648 shares of the company’s stock valued at $46,209,000 after acquiring an additional 857,158 shares in the last quarter. Finally, Capital World Investors raised its holdings in shares of Xometry by 55.2% during the first quarter. Capital World Investors now owns 2,139,600 shares of the company’s stock valued at $78,630,000 after acquiring an additional 761,100 shares in the last quarter. Institutional investors own 95.80% of the company’s stock.

Xometry Company Profile

(Get Rating)

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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