Peter Goguen Sells 986 Shares of Xometry, Inc. (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 986 shares of Xometry stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $12.55, for a total value of $12,374.30. Following the completion of the transaction, the chief operating officer now directly owns 195,285 shares in the company, valued at approximately $2,450,826.75. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• On Thursday, April 4th, Peter Goguen sold 940 shares of Xometry stock. The stock was sold at an average price of $18.13, for a total value of $17,042.20.

Xometry Stock Down 0.4 %

Shares of NASDAQ XMTR opened at $11.89 on Wednesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 4.30 and a current ratio of 4.34. Xometry, Inc. has a one year low of $11.65 and a one year high of $38.74. The business has a 50-day moving average price of $15.44 and a two-hundred day moving average price of $22.72.

Xometry (NASDAQ:XMTR) last announced its quarterly earnings results on Thursday, May 9th. The company reported ($0.24) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.26) by $0.02. The business had revenue of $122.69 million during the quarter, compared to analyst estimates of $119.00 million. Xometry had a negative return on equity of 15.90% and a negative net margin of 13.68%. As a group, equities analysts expect that Xometry, Inc. will post -0.99 earnings per share for the current year.

Institutional Investors Weigh In On Xometry

Institutional investors have recently made changes to their positions in the company. Quest Partners LLC acquired a new stake in shares of Xometry during the 4th quarter valued at about $125,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Xometry by 13.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,401 shares of the company’s stock worth $266,000 after purchasing an additional 894 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in Xometry by 50,118.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 8,035 shares of the company’s stock worth $289,000 after purchasing an additional 8,019 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc acquired a new stake in Xometry in the 1st quarter worth approximately $169,000. Finally, Natixis Advisors L.P. acquired a new stake in Xometry in the 4th quarter worth approximately $361,000. 97.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

XMTR has been the topic of a number of analyst reports. Craig Hallum dropped their price target on Xometry from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Friday, May 10th. Cantor Fitzgerald initiated coverage on Xometry in a research note on Wednesday, June 5th. They issued an “underweight” rating and a $13.00 price target on the stock. TheStreet cut Xometry from a “c-” rating to a “d” rating in a research note on Thursday, February 29th. Royal Bank of Canada dropped their price target on Xometry from $38.00 to $23.00 and set a “sector perform” rating on the stock in a research note on Friday, March 1st. Finally, JMP Securities restated a “market outperform” rating and set a $30.00 price objective on shares of Xometry in a research report on Tuesday, April 23rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $22.71.

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.