Xometry, Inc. (NASDAQ:XMTR) Stock Holdings Cut by Values First Advisors Inc.

Values First Advisors Inc. lessened its position in Xometry, Inc. (NASDAQ:XMTR) by 31.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 39,014 shares of the company’s stock after selling 17,762 shares during the period. Xometry makes up 0.9% of Values First Advisors Inc.’s holdings, making the stock its 29th largest position. Values First Advisors Inc.’s holdings in Xometry were worth $1,664,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. US Bancorp DE boosted its holdings in Xometry by 57.7% during the third quarter. US Bancorp DE now owns 5,570 shares of the company’s stock worth $102,000 after buying an additional 2,037 shares in the last quarter. Caprock Group LLC acquired a new stake in shares of Xometry during the 4th quarter valued at $274,000. SG Americas Securities LLC bought a new stake in shares of Xometry during the 3rd quarter worth $153,000. Palumbo Wealth Management LLC acquired a new position in shares of Xometry in the 3rd quarter worth $191,000. Finally, Intech Investment Management LLC acquired a new stake in shares of Xometry during the third quarter worth $205,000. Institutional investors and hedge funds own 97.31% of the company’s stock.

Insider Buying and Selling at Xometry

In other news, 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 transaction, the chief operating officer now owns 164,993 shares in the company, valued at approximately $5,692,258.50. This trade represents a 1.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO James Miln sold 5,386 shares of the stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $42.33, for a total transaction of $227,989.38. Following the transaction, the chief financial officer now directly owns 102,329 shares in the company, valued at $4,331,586.57. The trade was a 5.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,312 shares of company stock worth $410,827 over the last 90 days. 16.79% of the stock is currently owned by corporate insiders.

Xometry Trading Down 4.2 %

Xometry stock opened at $35.04 on Wednesday. Xometry, Inc. has a 12 month low of $11.08 and a 12 month high of $45.33. The company has a quick ratio of 4.55, a current ratio of 4.59 and a debt-to-equity ratio of 0.90. The stock has a market cap of $1.74 billion, a P/E ratio of -33.37 and a beta of 0.65. The company’s fifty day simple moving average is $36.58 and its 200-day simple moving average is $26.52.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on XMTR shares. JPMorgan Chase & Co. upgraded Xometry from a “neutral” rating to an “overweight” rating and increased their price target for the company from $25.00 to $45.00 in a research report on Wednesday, December 18th. JMP Securities reiterated a “market outperform” rating and issued a $42.00 target price on shares of Xometry in a report on Monday. Wedbush restated an “outperform” rating and set a $48.00 price target on shares of Xometry in a report on Friday, December 20th. Citigroup raised their price objective on shares of Xometry from $25.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Finally, UBS Group lifted their price objective on shares of Xometry from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.