Peter Goguen Sells 3,000 Shares of Xometry, Inc. (NASDAQ:XMTR) Stock

Xometry, Inc. (NASDAQ:XMTR) COO Peter Goguen sold 3,000 shares of the firm’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $34.50, for a total transaction of $103,500.00. Following the completion of the transaction, the chief operating officer now directly owns 164,993 shares of the company’s stock, valued at approximately $5,692,258.50. This trade represents a 1.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Peter Goguen also recently made the following trade(s):

• On Friday, January 3rd, Peter Goguen sold 940 shares of Xometry stock. The shares were sold at an average price of $42.36, for a total value of $39,818.40.
• On Wednesday, December 18th, Peter Goguen sold 986 shares of Xometry stock. The stock was sold at an average price of $40.08, for a total value of $39,518.88.
• On Monday, November 11th, Peter Goguen sold 5,000 shares of Xometry stock. The shares were sold at an average price of $32.00, for a total value of $160,000.00.
• On Thursday, November 7th, Peter Goguen sold 12,000 shares of Xometry stock. The shares were sold at an average price of $29.55, for a total value of $354,600.00.

Xometry Stock Performance

XMTR stock opened at $33.23 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.59 and a quick ratio of 4.55. The firm has a 50-day moving average price of $35.35 and a 200-day moving average price of $23.87. Xometry, Inc. has a 12 month low of $11.08 and a 12 month high of $45.33.

Hedge Funds Weigh In On Xometry

Several institutional investors and hedge funds have recently added to or reduced their stakes in XMTR. ProShare Advisors LLC acquired a new position in shares of Xometry during the second quarter worth $53,000. Point72 Asset Management L.P. acquired a new position in Xometry in the 2nd quarter worth about $55,000. US Bancorp DE raised its position in Xometry by 57.7% in the third quarter. US Bancorp DE now owns 5,570 shares of the company’s stock valued at $102,000 after purchasing an additional 2,037 shares during the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Xometry during the second quarter valued at about $129,000. Finally, SG Americas Securities LLC bought a new stake in shares of Xometry during the third quarter worth about $153,000. Institutional investors own 97.31% of the company’s stock.

Wall Street Analyst Weigh In

XMTR has been the subject of a number of research analyst reports. Royal Bank of Canada lifted their price target on Xometry from $27.00 to $40.00 and gave the stock a “sector perform” rating in a report on Friday, January 3rd. UBS Group lifted their target price on Xometry from $20.00 to $22.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 6th. Wedbush reissued an “outperform” rating and set a $48.00 target price on shares of Xometry in a report on Friday, December 20th. Craig Hallum raised their price target on Xometry from $20.00 to $30.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Finally, JPMorgan Chase & Co. upgraded shares of Xometry from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $25.00 to $45.00 in a report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $33.33.

About Xometry

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.