Xometry, Inc. $XMTR Shares Bought by Blair William & Co. IL

Blair William & Co. IL boosted its holdings in Xometry, Inc. (NASDAQ:XMTR) by 22.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 324,565 shares of the company’s stock after buying an additional 58,707 shares during the quarter. Blair William & Co. IL owned 0.64% of Xometry worth $17,679,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Quantbot Technologies LP purchased a new position in shares of Xometry in the third quarter worth approximately $30,000. Advisors Asset Management Inc. increased 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 worth $34,000 after buying an additional 412 shares during the last quarter. Westend Capital Management LLC acquired a new stake in shares of Xometry in the 3rd quarter valued at $41,000. Global Retirement Partners LLC bought a new stake in shares of Xometry during the 3rd quarter worth about $47,000. Finally, KBC Group NV bought a new position in shares of Xometry in the second quarter valued at approximately $55,000. Hedge funds and other institutional investors own 97.31% of the company’s stock.

Xometry Stock Performance

Shares of NASDAQ XMTR opened at $43.39 on Monday. Xometry, Inc. has a 12 month low of $18.59 and a 12 month high of $73.87. The company has a market capitalization of $2.25 billion, a P/E ratio of -35.57 and a beta of 0.91. The stock has a 50 day moving average of $58.56 and a 200-day moving average of $56.02. The company has a current ratio of 3.76, a quick ratio of 3.72 and a debt-to-equity ratio of 1.18.

Xometry (NASDAQ:XMTR) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.04. Xometry had a negative net margin of 8.99% and a negative return on equity of 5.49%. The business had revenue of $192.40 million for the quarter, compared to analyst estimates of $183.37 million. During the same period last year, the firm earned $0.06 earnings per share. Xometry’s revenue for the quarter was up 29.5% compared to the same quarter last year. As a group, equities research analysts predict that Xometry, Inc. will post -0.66 EPS for the current year.

Insider Activity at Xometry

In other Xometry news, President Sanjeev Singh Sahni sold 9,978 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $43.45, for a total value of $433,544.10. Following the completion of the sale, the president directly owned 113,022 shares in the company, valued at approximately $4,910,805.90. This trade represents a 8.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Katharine Weymouth acquired 1,215 shares of Xometry stock in a transaction dated Friday, February 27th. The shares were acquired at an average price of $41.15 per share, with a total value of $49,997.25. Following the completion of the acquisition, the director directly owned 3,615 shares of the company’s stock, valued at approximately $148,757.25. The trade was a 50.63% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 127,852 shares of company stock worth $6,993,940 over the last quarter. 9.66% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Xometry in a report on Wednesday, January 21st. Wedbush dropped their price target on Xometry from $70.00 to $60.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Citigroup dropped their target price on shares of Xometry from $75.00 to $65.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. UBS Group increased their price objective on Xometry from $54.00 to $55.00 and gave the company a “neutral” rating in a research report on Wednesday, February 25th. Finally, Royal Bank Of Canada dropped their target price on shares of Xometry from $64.00 to $55.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 25th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Xometry presently has a consensus rating of “Hold” and a consensus price target of $62.00.

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.