Peter Goguen Sells 3,000 Shares of Xometry, Inc. (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 3,000 shares of the stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $35.57, for a total value of $106,710.00. Following the completion of the sale, the chief operating officer now directly owns 161,993 shares in the company, valued at $5,762,091.01. This represents a 1.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Wednesday, January 15th, Peter Goguen sold 3,000 shares of Xometry stock. The stock was sold at an average price of $34.50, for a total transaction of $103,500.00.
• On Friday, January 3rd, Peter Goguen sold 940 shares of Xometry stock. The stock was sold at an average price of $42.36, for a total transaction of $39,818.40.
• On Wednesday, December 18th, Peter Goguen sold 986 shares of Xometry stock. The shares were sold at an average price of $40.08, for a total transaction of $39,518.88.

Xometry Trading Up 0.9 %

NASDAQ:XMTR opened at $35.34 on Thursday. The company has a market capitalization of $1.75 billion, a PE ratio of -33.66 and a beta of 0.65. Xometry, Inc. has a 52-week low of $11.08 and a 52-week high of $45.33. The stock’s 50 day moving average price is $36.64 and its 200 day moving average price is $26.58. The company has a quick ratio of 4.55, a current ratio of 4.59 and a debt-to-equity ratio of 0.90.

Wall Street Analyst Weigh In

A number of brokerages recently commented on XMTR. Royal Bank of Canada boosted their target price on shares of Xometry from $27.00 to $40.00 and gave the stock a “sector perform” rating in a research note on Friday, January 3rd. Craig Hallum lifted their price target on Xometry from $20.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Cantor Fitzgerald reiterated an “underweight” rating and issued a $12.00 price objective on shares of Xometry in a report on Wednesday, November 6th. UBS Group raised their target price on Xometry from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Finally, Citigroup upped their price target on Xometry from $25.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Xometry has a consensus rating of “Moderate Buy” and a consensus target price of $33.33.

Hedge Funds Weigh In On Xometry

A number of hedge funds have recently modified their holdings of XMTR. Geode Capital Management LLC raised its position in Xometry by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 1,004,452 shares of the company’s stock valued at $42,861,000 after purchasing an additional 8,974 shares during the last quarter. Alliancebernstein L.P. increased its stake in Xometry by 24.9% in the fourth quarter. Alliancebernstein L.P. now owns 43,190 shares of the company’s stock valued at $1,842,000 after purchasing an additional 8,610 shares during the period. Pictet Asset Management Holding SA purchased a new stake in shares of Xometry in the fourth quarter valued at about $328,000. Blair William & Co. IL boosted its stake in shares of Xometry by 2.9% during the fourth quarter. Blair William & Co. IL now owns 268,256 shares of the company’s stock worth $11,444,000 after buying an additional 7,559 shares during the period. Finally, AssuredPartners Investment Advisors LLC purchased a new position in shares of Xometry during the fourth quarter worth about $221,000. 97.31% of the stock is currently owned by hedge funds and other institutional investors.

Xometry Company Profile

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.