Xometry, Inc. (NASDAQ:XMTR – Get Free Report) Director Randolph Altschuler sold 10,000 shares of Xometry stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $104.04, for a total transaction of $1,040,400.00. Following the completion of the sale, the director owned 541,270 shares of the company’s stock, valued at $56,313,730.80. This represents a 1.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Randolph Altschuler also recently made the following trade(s):
- On Friday, October 2nd, Randolph Altschuler sold 5,721 shares of Xometry stock. The shares were sold at an average price of $103.32, for a total transaction of $591,093.72.
- On Tuesday, September 1st, Randolph Altschuler sold 10,000 shares of Xometry stock. The stock was sold at an average price of $90.82, for a total transaction of $908,200.00.
Xometry Stock Performance
NASDAQ:XMTR opened at $102.53 on Monday. The company has a current ratio of 3.21, a quick ratio of 3.20 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $5.31 billion, a price-to-earnings ratio of -170.88 and a beta of 1.23. The firm has a fifty day simple moving average of $92.03 and a two-hundred day simple moving average of $79.57. Xometry, Inc. has a 12 month low of $35.86 and a 12 month high of $107.93.
Key Headlines Impacting Xometry
Here are the key news stories impacting Xometry this week:
- Positive Sentiment: Brokerages assign Xometry an average price target of $113.18, above the recently cited $102.53 share level. This implies additional potential upside and supports the bullish case for XMTR. Xometry Stock Has Average Target Price of $113.18 According to Brokerages
- Positive Sentiment: Xometry’s 2027 U.S. manufacturing outlook highlights growing demand for external manufacturing capacity, AI-enabled manufacturability and costing tools, and quality-control capabilities. These trends could increase adoption of Xometry’s marketplace and software services. Xometry 2027 U.S. Manufacturing Outlook
- Positive Sentiment: Xometry’s EMEA outlook says European manufacturers are increasingly seeking outside capacity, verified quality, and technical expertise. This supports the company’s international expansion opportunity and its value as an AI-powered manufacturing marketplace. Xometry 2027 EMEA Manufacturing Outlook
- Neutral Sentiment: The manufacturing outlook reports are company-sponsored industry analyses rather than new financial guidance, so their direct effect on near-term revenue and earnings is uncertain.
- Negative Sentiment: Several insiders reported stock sales, including the CEO, CTO, and director Randolph Altschuler. The disclosed transactions totaled roughly $1.94 million across October 1–2 and could raise concerns about insider confidence. However, all sales were identified as covering tax withholding on vested equity awards, and each represented a relatively small reduction in ownership. Xometry Insider Sale Filing
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on XMTR shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Xometry in a research note on Wednesday, August 26th. Raymond James Financial set a $120.00 target price on Xometry in a research report on Tuesday, September 22nd. The Goldman Sachs Group increased their target price on Xometry from $78.00 to $104.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. JPMorgan Chase & Co. started coverage on shares of Xometry in a research report on Monday, August 24th. They issued an “overweight” rating and a $120.00 price target for the company. Finally, Royal Bank Of Canada boosted their price target on shares of Xometry from $85.00 to $100.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 5th. Eight research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Xometry presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.18.
Read Our Latest Research Report on Xometry
Institutional Trading of Xometry
Institutional investors and hedge funds have recently modified their holdings of the stock. Wellington Management Group LLP boosted its position in shares of Xometry by 26.9% during the second quarter. Wellington Management Group LLP now owns 1,322,581 shares of the company’s stock valued at $127,656,000 after buying an additional 280,491 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in Xometry by 243.6% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 694,390 shares of the company’s stock valued at $29,015,000 after buying an additional 492,285 shares during the last quarter. Sylebra Capital LLC lifted its stake in Xometry by 31.3% during the 1st quarter. Sylebra Capital LLC now owns 535,624 shares of the company’s stock valued at $21,875,000 after acquiring an additional 127,637 shares in the last quarter. Sei Investments Co. lifted its stake in Xometry by 45.6% during the 1st quarter. Sei Investments Co. now owns 274,641 shares of the company’s stock valued at $11,216,000 after acquiring an additional 85,989 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in Xometry by 23.7% during the 1st quarter. Bank of America Corp DE now owns 235,414 shares of the company’s stock worth $9,614,000 after acquiring an additional 45,158 shares during the last quarter. 97.31% of the stock is owned by hedge funds and other institutional investors.
About Xometry
Xometry, Inc is a digital manufacturing marketplace that connects businesses with a network of manufacturing suppliers. Its platform uses software and artificial intelligence to help customers obtain quotes, place orders, and manage production for custom parts and components.
The company supports a range of manufacturing processes, including computer numerical control machining, 3D printing, sheet metal fabrication, injection molding, and related services. Xometry serves customers across industries such as aerospace and defense, automotive, industrial machinery, consumer products, and healthcare.
Founded in 2013, Xometry has expanded its marketplace and digital manufacturing services internationally, serving customers and suppliers in North America, Europe, and Asia.
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