Universal Beteiligungs und Servicegesellschaft mbH Boosts Stock Position in Xometry, Inc. $XMTR

Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Xometry, Inc. (NASDAQ:XMTR) by 246.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 132,038 shares of the company’s stock after buying an additional 93,917 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.26% of Xometry worth $7,192,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Advisors Asset Management Inc. raised its holdings in Xometry by 68.3% in the second quarter. Advisors Asset Management Inc. now owns 1,015 shares of the company’s stock valued at $34,000 after acquiring an additional 412 shares in the last quarter. Arkadios Wealth Advisors increased its position in shares of Xometry by 3.5% in the 3rd quarter. Arkadios Wealth Advisors now owns 12,210 shares of the company’s stock worth $665,000 after purchasing an additional 418 shares during the last quarter. CoreCap Advisors LLC raised its stake in shares of Xometry by 28.6% in the 3rd quarter. CoreCap Advisors LLC now owns 2,250 shares of the company’s stock valued at $123,000 after purchasing an additional 500 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Xometry by 3.0% during the second quarter. The Manufacturers Life Insurance Company now owns 20,615 shares of the company’s stock worth $697,000 after purchasing an additional 608 shares during the last quarter. Finally, Westend Capital Management LLC bought a new position in shares of Xometry during the third quarter worth about $41,000. Institutional investors and hedge funds own 97.31% of the company’s stock.

Xometry Trading Down 1.4%

Shares of NASDAQ XMTR opened at $61.55 on Monday. Xometry, Inc. has a 12-month low of $18.59 and a 12-month high of $69.26. The company has a market cap of $3.15 billion, a price-to-earnings ratio of -49.24 and a beta of 0.86. The company has a current ratio of 3.62, a quick ratio of 3.58 and a debt-to-equity ratio of 1.20. The stock’s 50 day simple moving average is $60.88 and its 200 day simple moving average is $52.34.

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

Insider Transactions at Xometry

In other news, President Sanjeev Singh Sahni sold 26,190 shares of Xometry stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $65.47, for a total transaction of $1,714,659.30. Following the sale, the president owned 63,130 shares of the company’s stock, valued at approximately $4,133,121.10. The trade was a 29.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Subir Dutt sold 3,929 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $65.55, for a total value of $257,545.95. Following the transaction, the insider owned 67,419 shares of the company’s stock, valued at approximately $4,419,315.45. This represents a 5.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 63,436 shares of company stock worth $4,165,072 over the last 90 days. Corporate insiders own 9.66% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their price objective on Xometry from $55.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, November 5th. JMP Securities set a $75.00 target price on Xometry in a research report on Wednesday, November 5th. Cantor Fitzgerald boosted their price target on Xometry from $41.00 to $60.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. The Goldman Sachs Group upped their price target on Xometry from $49.00 to $56.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Xometry in a report on Wednesday, November 5th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Xometry currently has an average rating of “Hold” and an average price target of $57.89.

Xometry 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.