Xometry (NASDAQ:XMTR) CFO James Miln Sells 6,203 Shares of Stock

Xometry, Inc. (NASDAQ:XMTRGet Free Report) CFO James Miln sold 6,203 shares of Xometry stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $66.51, for a total value of $412,561.53. Following the completion of the sale, the chief financial officer owned 134,397 shares of the company’s stock, valued at $8,938,744.47. The trade was a 4.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

James Miln also recently made the following trade(s):

  • On Friday, January 2nd, James Miln sold 598 shares of Xometry stock. The shares were sold at an average price of $61.80, for a total transaction of $36,956.40.
  • On Friday, November 7th, James Miln sold 599 shares of Xometry stock. The stock was sold at an average price of $62.11, for a total transaction of $37,203.89.

Xometry Stock Up 0.1%

XMTR opened at $67.88 on Wednesday. The company has a quick ratio of 3.58, a current ratio of 3.62 and a debt-to-equity ratio of 1.20. The firm has a 50 day moving average price of $59.82 and a 200-day moving average price of $49.64. Xometry, Inc. has a twelve month low of $18.59 and a twelve month high of $69.26. The stock has a market capitalization of $3.48 billion, a price-to-earnings ratio of -54.30 and a beta of 0.86.

Xometry (NASDAQ:XMTRGet Free Report) last issued its earnings results on Tuesday, November 4th. The company reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11. Xometry had a negative net margin of 9.80% and a negative return on equity of 6.59%. The company had revenue of $180.72 million for the quarter, compared to analysts’ expectations of $168.25 million. During the same quarter last year, the company posted $0.02 earnings per share. The firm’s quarterly revenue was up 27.5% on a year-over-year basis. Equities research analysts forecast that Xometry, Inc. will post -0.66 earnings per share for the current year.

More Xometry News

Here are the key news stories impacting Xometry this week:

  • Positive Sentiment: Market/analyst recognition: Xometry’s composite rating climbed to 96 in a recent write-up, a positive signal that can attract momentum and institutional interest. Top-rated stocks: Xometry sees composite rating climb to 96
  • Neutral Sentiment: Third‑party review: A comparative review of Xometry and a peer was published; such coverage can raise awareness but is unlikely by itself to drive sustained moves unless it contains new financial forecasts or catalyst details. Reviewing Xometry (NASDAQ:XMTR) and ZJK Industrial (NASDAQ:ZJK)
  • Negative Sentiment: Significant insider selling: Multiple executives and a director sold shares in early January — CEO Randolph Altschuler (~14,826 shares, ~$986k), CFO James Miln (~6,801 shares across filings, ~$449k), President Sanjeev Sahni (~4,446 shares, ~$296k), CTO Vaidyanathan Raghavan (~3,570 shares, ~$237k), insider Subir Dutt (~3,929 shares, ~$258k) and director Emily Rollins (1,000 shares, ~$62k). Combined, these disclosed sales sum to roughly $2.3M and reduced several insiders’ holdings by ~4–8%. Large clustered sales by C‑suite officers can be interpreted negatively by investors even if sales are for diversification or option exercises. Representative SEC filings are linked below for review. CEO filing CFO filing

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. increased their target price 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 price target on shares of Xometry in a research report on Wednesday, November 5th. The Goldman Sachs Group increased their price objective on shares of Xometry from $49.00 to $56.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Weiss Ratings restated a “sell (e+)” rating on shares of Xometry in a research report on Wednesday, October 8th. Finally, Cantor Fitzgerald increased their price target on shares of Xometry from $41.00 to $60.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $57.89.

Get Our Latest Stock Analysis on XMTR

Institutional Investors Weigh In On Xometry

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its position in shares of Xometry by 54.2% in the third quarter. Ameriprise Financial Inc. now owns 1,964,909 shares of the company’s stock worth $107,029,000 after purchasing an additional 690,558 shares during the period. Durable Capital Partners LP bought a new position in Xometry in the 3rd quarter worth $36,455,000. Gilder Gagnon Howe & Co. LLC boosted its holdings in Xometry by 248.8% in the 2nd quarter. Gilder Gagnon Howe & Co. LLC now owns 859,808 shares of the company’s stock worth $29,053,000 after buying an additional 613,282 shares during the period. Stephens Investment Management Group LLC purchased a new stake in Xometry in the 2nd quarter worth $13,292,000. Finally, First Trust Advisors LP raised its holdings in Xometry by 42.9% during the second quarter. First Trust Advisors LP now owns 1,279,005 shares of the company’s stock valued at $43,218,000 after acquiring an additional 384,211 shares during the period. 97.31% of the stock is owned by hedge funds and other institutional investors.

About Xometry

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Xometry (NASDAQ:XMTR)

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