Universal Beteiligungs und Servicegesellschaft mbH Increases Stock Position in Xometry, Inc. $XMTR

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Xometry, Inc. (NASDAQ:XMTR) by 18.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 156,604 shares of the company’s stock after acquiring an additional 24,566 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Xometry were worth $9,313,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its stake 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 last quarter. Durable Capital Partners LP bought a new position in shares of Xometry during the third quarter valued at $36,455,000. Wellington Management Group LLP boosted its position in shares of Xometry by 26.3% during the third quarter. Wellington Management Group LLP now owns 947,045 shares of the company’s stock valued at $51,586,000 after buying an additional 197,297 shares during the last quarter. Invesco Ltd. boosted its position in shares of Xometry by 476.1% during the second quarter. Invesco Ltd. now owns 238,390 shares of the company’s stock valued at $8,055,000 after buying an additional 197,013 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in Xometry by 12.8% in the 3rd quarter. First Trust Advisors LP now owns 1,443,283 shares of the company’s stock worth $78,616,000 after buying an additional 164,278 shares in the last quarter. 97.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Xometry

In other news, President Sanjeev Singh Sahni sold 9,978 shares of the stock in a transaction that occurred 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 transaction, the president owned 113,022 shares in the company, valued at $4,910,805.90. This represents a 8.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Randolph Altschuler sold 31,928 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $43.44, for a total transaction of $1,386,952.32. Following the completion of the transaction, the chief executive officer directly owned 372,377 shares in the company, valued at approximately $16,176,056.88. The trade was a 7.90% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 68,090 shares of company stock worth $3,032,592. 9.66% of the stock is currently owned by corporate insiders.

Xometry Price Performance

Xometry stock opened at $47.71 on Monday. The stock has a market cap of $2.47 billion, a PE ratio of -39.11 and a beta of 0.88. The company has a debt-to-equity ratio of 1.18, a quick ratio of 3.72 and a current ratio of 3.76. Xometry, Inc. has a one year low of $24.51 and a one year high of $73.87. The stock has a fifty day moving average of $44.24 and a 200 day moving average of $53.82.

Xometry (NASDAQ:XMTR) last posted its earnings results on Tuesday, February 24th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04. The company had revenue of $192.40 million for the quarter, compared to the consensus estimate of $183.37 million. Xometry had a negative return on equity of 5.49% and a negative net margin of 8.99%.Xometry’s revenue was up 29.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.06 earnings per share. As a group, sell-side analysts predict that Xometry, Inc. will post -0.1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Citigroup decreased their target price on Xometry from $75.00 to $65.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. UBS Group raised their price target on shares of Xometry from $54.00 to $55.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. William Blair reiterated an “outperform” rating on shares of Xometry in a research note on Tuesday, February 24th. Wedbush decreased their price objective on shares of Xometry from $70.00 to $60.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Xometry in a research report on Wednesday, January 21st. Five equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $62.00.

About Xometry

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.