Lisanti Capital Growth LLC Makes New $4.97 Million Investment in Xometry, Inc. (NASDAQ:XMTR)

Lisanti Capital Growth LLC acquired a new stake in shares of Xometry, Inc. (NASDAQ:XMTR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 138,465 shares of the company’s stock, valued at approximately $4,972,000.

Other institutional investors have also modified their holdings of the company. SG Americas Securities LLC purchased a new position in Xometry in the 3rd quarter valued at about $560,000. Bank of New York Mellon Corp boosted its stake in shares of Xometry by 7.7% in the third quarter. Bank of New York Mellon Corp now owns 152,545 shares of the company’s stock worth $2,590,000 after acquiring an additional 10,913 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC acquired a new stake in shares of Xometry in the third quarter worth approximately $180,000. Swiss National Bank increased its position in shares of Xometry by 1.1% during the third quarter. Swiss National Bank now owns 84,400 shares of the company’s stock worth $1,433,000 after purchasing an additional 900 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Xometry by 29.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 299,197 shares of the company’s stock valued at $5,080,000 after purchasing an additional 67,443 shares during the last quarter. Institutional investors and hedge funds own 97.31% of the company’s stock.

Xometry Trading Down 4.1 %

XMTR stock traded down $0.75 during trading on Monday, reaching $17.59. 1,052,610 shares of the stock were exchanged, compared to its average volume of 645,897. The company has a current ratio of 4.28, a quick ratio of 4.25 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $854.49 million, a price-to-earnings ratio of -12.56 and a beta of 0.65. The business has a 50 day moving average price of $18.12 and a 200-day moving average price of $23.80. Xometry, Inc. has a 1 year low of $12.77 and a 1 year high of $38.74.

Xometry (NASDAQ:XMTR) last released its quarterly earnings results on Thursday, February 29th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.01). Xometry had a negative net margin of 14.56% and a negative return on equity of 17.34%. The firm had revenue of $128.15 million for the quarter, compared to analysts’ expectations of $127.78 million. On average, research analysts predict that Xometry, Inc. will post -0.64 earnings per share for the current year.

Analysts Set New Price Targets

XMTR has been the topic of several recent research reports. JMP Securities reaffirmed a “market outperform” rating and set a $30.00 target price on shares of Xometry in a research note on Tuesday, April 23rd. UBS Group lowered their price target on shares of Xometry from $22.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 13th. TheStreet downgraded shares of Xometry from a “c-” rating to a “d” rating in a report on Thursday, February 29th. Royal Bank of Canada lowered their target price on Xometry from $38.00 to $23.00 and set a “sector perform” rating on the stock in a report on Friday, March 1st. Finally, The Goldman Sachs Group dropped their price target on Xometry from $46.00 to $28.00 and set a “buy” rating for the company in a research report on Friday, March 1st. Two analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Xometry currently has an average rating of “Moderate Buy” and a consensus price target of $26.67.

Insider Buying and Selling at Xometry

In other news, COO Peter Goguen sold 3,943 shares of the stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $17.61, for a total transaction of $69,436.23. Following the completion of the transaction, the chief operating officer now directly owns 197,211 shares in the company, valued at approximately $3,472,885.71. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CFO James M. Rallo sold 5,000 shares of Xometry stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $30.85, for a total value of $154,250.00. Following the completion of the sale, the chief financial officer now owns 44,381 shares in the company, valued at approximately $1,369,153.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Peter Goguen sold 3,943 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $17.61, for a total value of $69,436.23. Following the completion of the sale, the chief operating officer now directly owns 197,211 shares in the company, valued at approximately $3,472,885.71. The disclosure for this sale can be found here. Insiders have sold 10,243 shares of company stock worth $247,252 over the last quarter. 19.23% of the stock is currently owned by company insiders.

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.