Insider Selling: Xometry, Inc. (NASDAQ:XMTR) Director Sells 7,000 Shares of Stock

Xometry, Inc. (NASDAQ:XMTRGet Rating) Director Laurence Zuriff sold 7,000 shares of the stock in a transaction that occurred on Wednesday, November 16th. The stock was sold at an average price of $44.49, for a total transaction of $311,430.00. Following the sale, the director now directly owns 848,286 shares of the company’s stock, valued at approximately $37,740,244.14. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Laurence Zuriff also recently made the following trade(s):

  • On Friday, November 18th, Laurence Zuriff sold 6,000 shares of Xometry stock. The stock was sold at an average price of $42.43, for a total transaction of $254,580.00.
  • On Friday, October 7th, Laurence Zuriff sold 6,000 shares of Xometry stock. The stock was sold at an average price of $59.16, for a total transaction of $354,960.00.
  • On Wednesday, October 5th, Laurence Zuriff sold 7,000 shares of Xometry stock. The stock was sold at an average price of $60.46, for a total transaction of $423,220.00.
  • On Thursday, September 15th, Laurence Zuriff sold 6,000 shares of Xometry stock. The shares were sold at an average price of $59.84, for a total transaction of $359,040.00.
  • On Tuesday, September 13th, Laurence Zuriff sold 7,000 shares of Xometry stock. The shares were sold at an average price of $59.06, for a total transaction of $413,420.00.
  • On Thursday, August 25th, Laurence Zuriff sold 6,000 shares of Xometry stock. The shares were sold at an average price of $46.92, for a total transaction of $281,520.00.
  • On Tuesday, August 23rd, Laurence Zuriff sold 7,000 shares of Xometry stock. The shares were sold at an average price of $45.02, for a total transaction of $315,140.00.

Xometry Stock Down 1.6 %

Shares of XMTR opened at $42.56 on Friday. The business’s fifty day moving average price is $55.48 and its 200 day moving average price is $44.40. Xometry, Inc. has a 12-month low of $26.61 and a 12-month high of $64.35. The company has a debt-to-equity ratio of 0.71, a quick ratio of 6.90 and a current ratio of 6.30.

Hedge Funds Weigh In On Xometry

Several large investors have recently added to or reduced their stakes in XMTR. Advisors Asset Management Inc. bought a new position in Xometry during the first quarter worth $33,000. MCF Advisors LLC bought a new position in Xometry during the third quarter worth $34,000. Quantbot Technologies LP bought a new position in Xometry during the third quarter worth $35,000. Alpha Paradigm Partners LLC bought a new position in Xometry during the second quarter worth $60,000. Finally, Ensign Peak Advisors Inc bought a new position in Xometry during the first quarter worth $61,000. 95.80% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on XMTR shares. UBS Group lowered their price objective on shares of Xometry from $55.00 to $45.00 and set a “neutral” rating for the company in a research report on Friday, November 11th. CL King increased their target price on Xometry from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, August 11th. The Goldman Sachs Group reduced their target price on Xometry from $64.00 to $57.00 and set a “buy” rating for the company in a research note on Monday, November 14th. Royal Bank of Canada reduced their target price on Xometry from $60.00 to $54.00 and set an “outperform” rating for the company in a research note on Friday, November 11th. Finally, JPMorgan Chase & Co. reduced their target price on Xometry from $100.00 to $65.00 in a research note on Wednesday, August 24th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Xometry currently has an average rating of “Moderate Buy” and a consensus target price of $55.33.

About Xometry

(Get Rating)

Xometry, Inc operates a marketplace that enables buyers to source manufactured parts and assemblies in the United States and internationally. It provides CNC machining, milling, and turning services; sheet, laser, waterjet, and plasma cutting services; and sheet metal forming services. The company also offers 3D printing services, such as carbon digital light synthesis, fused deposition modeling, HP multi jet fusion, PolyJet, selective laser sintering, stereolithography, metal 3D printing service, direct metal laser sintering, and metal binder jetting; and injection molding services, including plastic injection, over, insert, and prototype molding, as well as bridge and production tooling.

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

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