James Miln Sells 6,203 Shares of Xometry (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR) CFO James Miln sold 6,203 shares of Xometry stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $66.51, for a total value of $412,561.53. Following the completion of the transaction, the chief financial officer directly owned 134,397 shares in the company, valued at approximately $8,938,744.47. This represents a 4.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

James Miln also recently made the following trade(s):

• On Friday, January 2nd, James Miln sold 598 shares of Xometry stock. The shares were sold at an average price of $61.80, for a total transaction of $36,956.40.
• On Friday, November 7th, James Miln sold 599 shares of Xometry stock. The stock was sold at an average price of $62.11, for a total transaction of $37,203.89.

Xometry Trading Up 0.5%

NASDAQ:XMTR opened at $68.25 on Thursday. Xometry, Inc. has a 52 week low of $18.59 and a 52 week high of $69.26. 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 firm’s fifty day moving average is $60.17 and its 200-day moving average is $49.77. The firm has a market cap of $3.50 billion, a P/E ratio of -54.60 and a beta of 0.86.

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Cantor Fitzgerald boosted their price target on Xometry from $41.00 to $60.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Citigroup reiterated an “outperform” rating on shares of Xometry in a research report on Wednesday, November 5th. Weiss Ratings reissued a “sell (e+)” rating on shares of Xometry in a research note on Wednesday, October 8th. The Goldman Sachs Group lifted their price target on shares of Xometry from $49.00 to $56.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Xometry from $55.00 to $70.00 and gave the company an “overweight” rating in a report 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $57.89.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Corebridge Financial Inc. grew its holdings in shares of Xometry by 1.6% during the first quarter. Corebridge Financial Inc. now owns 21,481 shares of the company’s stock valued at $535,000 after buying an additional 348 shares during the last quarter. Royal Bank of Canada lifted its position in Xometry by 5.0% in the 1st quarter. Royal Bank of Canada now owns 60,669 shares of the company’s stock valued at $1,511,000 after acquiring an additional 2,899 shares in the last quarter. AQR Capital Management LLC acquired a new position in Xometry during the 1st quarter valued at about $692,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Xometry by 7.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,054 shares of the company’s stock worth $649,000 after purchasing an additional 1,877 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Xometry by 26.6% in the first quarter. Goldman Sachs Group Inc. now owns 452,682 shares of the company’s stock worth $11,281,000 after purchasing an additional 95,154 shares during the last quarter. Institutional investors and hedge funds own 97.31% of the company’s stock.

Key Headlines Impacting Xometry

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..

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.