39,925 Xometry, Inc. $XMTR Shares Sold by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC trimmed its position in Xometry, Inc. (NASDAQ:XMTR) by 39.6% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 60,955 shares of the company’s stock after selling 39,925 shares during the period. Xometry comprises approximately 1.7% of Lisanti Capital Growth LLC’s holdings, making the stock its 11th largest holding. Lisanti Capital Growth LLC owned about 0.12% of Xometry worth $6,269,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its holdings in Xometry by 243.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 694,390 shares of the company’s stock valued at $29,015,000 after acquiring an additional 492,285 shares during the last quarter. Wellington Management Group LLP raised its holdings in Xometry by 26.9% during the 2nd quarter. Wellington Management Group LLP now owns 1,322,581 shares of the company’s stock worth $127,656,000 after purchasing an additional 280,491 shares during the last quarter. Zevenbergen Capital Investments LLC raised its holdings in Xometry by 115.1% during the 3rd quarter. Zevenbergen Capital Investments LLC now owns 297,552 shares of the company’s stock worth $30,603,000 after purchasing an additional 159,227 shares during the last quarter. Sylebra Capital LLC raised its holdings in Xometry by 31.3% during the 1st quarter. Sylebra Capital LLC now owns 535,624 shares of the company’s stock worth $21,875,000 after purchasing an additional 127,637 shares during the last quarter. Finally, Sei Investments Co. lifted its position 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 purchasing an additional 85,989 shares during the period. 97.31% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Xometry

In other Xometry news, Director Randolph Altschuler sold 10,000 shares of the stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $104.04, for a total value of $1,040,400.00. Following the completion of the sale, the director directly owned 541,270 shares in the company, valued at $56,313,730.80. This represents a 1.81% decrease in their ownership of the stock. The sale was disclosed in a legal 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. Also, Director Katharine Weymouth sold 5,000 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $94.30, for a total value of $471,500.00. Following the sale, the director directly owned 35,345 shares in the company, valued at approximately $3,333,033.50. This represents a 12.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 68,999 shares of company stock valued at $6,887,818. Insiders own 9.10% of the company’s stock.

Xometry Price Performance

Shares of XMTR opened at $122.47 on Thursday. The stock has a market cap of $6.35 billion, a P/E ratio of -360.20 and a beta of 1.33. Xometry, Inc. has a 1 year low of $35.86 and a 1 year high of $127.49. The stock’s 50-day moving average price is $99.90 and its two-hundred day moving average price is $78.11. The company has a current ratio of 3.15, a quick ratio of 3.13 and a debt-to-equity ratio of 0.40.

Xometry (NASDAQ:XMTR) last announced its quarterly earnings results on Tuesday, November 3rd. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. The company had revenue of $252.44 million during the quarter, compared to analysts’ expectations of $235.54 million. Xometry had a positive return on equity of 0.18% and a negative net margin of 1.97%. Xometry’s revenue was up 39.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.11 EPS. On average, equities analysts predict that Xometry, Inc. will post 0.13 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Citizens Jmp raised their target price on shares of Xometry from $120.00 to $135.00 and gave the company a “market outperform” rating in a research note on Wednesday, November 4th. Citigroup boosted their price target on shares of Xometry from $110.00 to $132.00 and gave the stock a “buy” rating in a research note on Wednesday, November 4th. Rosenblatt Securities increased their price objective on shares of Xometry from $120.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, November 4th. Raymond James Financial set a $120.00 price objective on shares of Xometry in a research note on Tuesday, September 22nd. Finally, The Goldman Sachs Group upped their target price on shares of Xometry from $78.00 to $104.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $123.64.

About Xometry

Xometry, Inc. operates a digital marketplace that connects businesses needing custom-manufactured parts with a network of manufacturing suppliers. Its platform uses automated quoting and matching tools to help customers source parts and production services. Services available through the marketplace include CNC machining, 3D printing, sheet metal fabrication, injection molding, and other manufacturing processes. Xometry also offers related services such as product sourcing and procurement tools, and operates Thomasnet, an online platform for discovering and evaluating industrial suppliers.