Xometry, Inc. (NASDAQ:XMTR) Shares Bought by Sylebra Capital LLC

Sylebra Capital LLC lifted its holdings in Xometry, Inc. (NASDAQ:XMTR) by 134.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,508,716 shares of the company’s stock after buying an additional 864,454 shares during the period. Xometry makes up 0.6% of Sylebra Capital LLC’s holdings, making the stock its 26th biggest position. Sylebra Capital LLC owned 3.27% of Xometry worth $17,441,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Principal Financial Group Inc. acquired a new stake in shares of Xometry in the fourth quarter valued at approximately $709,000. Austin Wealth Management LLC purchased a new position in Xometry during the fourth quarter worth about $646,000. Wellington Management Group LLP acquired a new position in Xometry in the 4th quarter valued at about $21,165,000. Vanguard Group Inc. grew its stake in shares of Xometry by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 3,800,370 shares of the company’s stock valued at $136,471,000 after buying an additional 26,718 shares during the period. Finally, State Board of Administration of Florida Retirement System raised its position in shares of Xometry by 22.1% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 11,840 shares of the company’s stock valued at $200,000 after buying an additional 2,140 shares during the period. Institutional investors and hedge funds own 97.31% of the company’s stock.

Xometry Price Performance

XMTR stock opened at $18.79 on Monday. Xometry, Inc. has a 1 year low of $11.08 and a 1 year high of $38.74. The firm has a market capitalization of $926.35 million, a P/E ratio of -13.82 and a beta of 0.58. The company has a debt-to-equity ratio of 0.89, a current ratio of 4.64 and a quick ratio of 4.60. The business’s 50-day moving average is $17.37 and its two-hundred day moving average is $16.09.

Xometry (NASDAQ:XMTR) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.13. The company had revenue of $132.60 million for the quarter, compared to analysts’ expectations of $128.65 million. Xometry had a negative return on equity of 10.75% and a negative net margin of 10.53%. Xometry’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period last year, the firm earned ($0.55) earnings per share. Analysts anticipate that Xometry, Inc. will post -0.81 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

XMTR has been the subject of several analyst reports. JMP Securities reiterated a “market outperform” rating and issued a $27.00 price objective on shares of Xometry in a research report on Thursday, September 19th. Cantor Fitzgerald reduced their price objective on shares of Xometry from $13.00 to $12.00 and set an “underweight” rating on the stock in a report on Friday, August 9th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $22.14.

Insider Activity at Xometry

In other Xometry news, CTO Matthew Leibel sold 3,400 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $18.45, for a total transaction of $62,730.00. Following the transaction, the chief technology officer now owns 82,918 shares of the company’s stock, valued at $1,529,837.10. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold 4,700 shares of company stock valued at $78,018 in the last ninety days. Insiders own 19.23% of the company’s stock.

About Xometry

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.