Matthew Leibel Sells 16,564 Shares of Xometry, Inc. (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR) CTO Matthew Leibel sold 16,564 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $30.08, for a total value of $498,245.12. Following the completion of the sale, the chief technology officer now directly owns 77,856 shares of the company’s stock, valued at approximately $2,341,908.48. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Matthew Leibel also recently made the following trade(s):

• On Friday, September 13th, Matthew Leibel sold 3,400 shares of Xometry stock. The shares were sold at an average price of $18.45, for a total transaction of $62,730.00.

Xometry Price Performance

Shares of XMTR opened at $30.95 on Thursday. The business’s 50-day moving average is $20.28 and its two-hundred day moving average is $17.04. Xometry, Inc. has a fifty-two week low of $11.08 and a fifty-two week high of $38.74. The company has a quick ratio of 4.55, a current ratio of 4.59 and a debt-to-equity ratio of 0.90.

Institutional Trading of Xometry

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. nVerses Capital LLC purchased a new stake in Xometry in the 2nd quarter worth approximately $38,000. ProShare Advisors LLC acquired a new position in shares of Xometry in the 2nd quarter valued at $53,000. Point72 Asset Management L.P. purchased a new stake in Xometry during the second quarter worth $55,000. US Bancorp DE grew its position in Xometry by 57.7% during the third quarter. US Bancorp DE now owns 5,570 shares of the company’s stock valued at $102,000 after buying an additional 2,037 shares during the period. Finally, Susquehanna Fundamental Investments LLC purchased a new position in Xometry in the second quarter valued at $129,000. 97.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

XMTR has been the topic of several research analyst reports. Cantor Fitzgerald reissued an “underweight” rating and set a $12.00 target price on shares of Xometry in a research report on Wednesday, November 6th. Craig Hallum upped their target price on Xometry from $20.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Royal Bank of Canada raised their target price on Xometry from $23.00 to $27.00 and gave the stock a “sector perform” rating in a research note on Wednesday, November 6th. Citigroup boosted their price target on Xometry from $25.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Finally, UBS Group raised their price objective on Xometry from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $26.29.

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.