Laurence Zuriff Sells 6,000 Shares of Xometry, Inc. (NASDAQ:XMTR) Stock - MarketBeat

2022-10-10 18:00:08 By : Mr. Carl SPO

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Xometry, Inc. (NASDAQ:XMTR - Get Rating) Director Laurence Zuriff sold 6,000 shares of the company's stock in a transaction that occurred on Friday, October 7th. The shares were sold at an average price of $59.16, for a total value of $354,960.00. Following the sale, the director now directly owns 855,286 shares in the company, valued at $50,598,719.76. The transaction was disclosed in a filing with the SEC, which is available at this link.

Laurence Zuriff also recently made the following trade(s): On Wednesday, October 5th, Laurence Zuriff sold 7,000 shares of Xometry stock. The shares were sold at an average price of $60.46, for a total value of $423,220.00. On Thursday, September 15th, Laurence Zuriff sold 6,000 shares of Xometry stock. The stock was sold at an average price of $59.84, for a total value of $359,040.00. On Tuesday, September 13th, Laurence Zuriff sold 7,000 shares of Xometry stock. The stock was sold at an average price of $59.06, for a total value of $413,420.00. On Thursday, August 25th, Laurence Zuriff sold 6,000 shares of Xometry stock. The stock was sold at an average price of $46.92, for a total value of $281,520.00. On Tuesday, August 23rd, Laurence Zuriff sold 7,000 shares of Xometry stock. The stock was sold at an average price of $45.02, for a total value of $315,140.00. Xometry Price Performance

XMTR stock traded down $1.99 during trading hours on Friday, hitting $59.01. 388,854 shares of the stock traded hands, compared to its average volume of 565,279. The stock has a 50-day simple moving average of $52.06 and a 200 day simple moving average of $40.87. Xometry, Inc. has a one year low of $26.61 and a one year high of $64.35. The company has a market cap of $2.63 billion, a P/E ratio of -35.98 and a beta of -0.30. The company has a current ratio of 6.93, a quick ratio of 6.90 and a debt-to-equity ratio of 0.69.

Xometry (NASDAQ:XMTR - Get Rating) last announced its earnings results on Wednesday, August 10th. The company reported ($0.29) earnings per share for the quarter, beating the consensus estimate of ($0.45) by $0.16. Xometry had a negative return on equity of 15.95% and a negative net margin of 24.80%. The business had revenue of $95.62 million during the quarter, compared to analysts' expectations of $91.90 million. Equities analysts forecast that Xometry, Inc. will post -1.4 earnings per share for the current year. Institutional Investors Weigh In On Xometry

Hedge funds have recently modified their holdings of the stock. Summit Partners Public Asset Management LLC purchased a new stake in shares of Xometry during the first quarter valued at $19,569,000. Compass Financial Advisors LLC purchased a new stake in shares of Xometry during the first quarter valued at $287,000. New York State Common Retirement Fund lifted its holdings in shares of Xometry by 215.6% during the first quarter. New York State Common Retirement Fund now owns 18,171 shares of the company's stock valued at $668,000 after purchasing an additional 12,413 shares during the last quarter. WoodTrust Financial Corp lifted its holdings in shares of Xometry by 28.5% during the second quarter. WoodTrust Financial Corp now owns 19,600 shares of the company's stock valued at $665,000 after purchasing an additional 4,350 shares during the last quarter. Finally, Freemont Management S.A. purchased a new stake in shares of Xometry during the first quarter valued at $286,000. 95.80% of the stock is owned by hedge funds and other institutional investors. Analysts Set New Price Targets

Several research firms have recently issued reports on XMTR. CL King increased their price target on Xometry from $55.00 to $65.00 and gave the stock a "buy" rating in a research note on Thursday, August 11th. Royal Bank of Canada increased their price target on Xometry from $46.00 to $60.00 and gave the stock an "outperform" rating in a research note on Thursday, August 11th. The Goldman Sachs Group increased their price target on Xometry from $44.00 to $64.00 and gave the stock a "buy" rating in a research note on Thursday, August 11th. Loop Capital decreased their price target on Xometry from $50.00 to $46.00 and set a "buy" rating for the company in a research note on Tuesday, July 19th. Finally, JPMorgan Chase & Co. decreased their price target on Xometry from $100.00 to $65.00 in a research note on Wednesday, August 24th.About Xometry (Get Rating)

Xometry, Inc operates a marketplace that enables buyers to source manufactured parts and assemblies in the United States and internationally. It provides CNC machining, milling, and turning services; sheet, laser, waterjet, and plasma cutting services; and sheet metal forming services. The company also offers 3D printing services, such as carbon digital light synthesis, fused deposition modeling, HP multi jet fusion, PolyJet, selective laser sintering, stereolithography, metal 3D printing service, direct metal laser sintering, and metal binder jetting; and injection molding services, including plastic injection, over, insert, and prototype molding, as well as bridge and production tooling.Read MoreGet a free copy of the StockNews.com research report on Xometry (XMTR)ConAgra Brands Is A Value Pick For Income Investors 3 Stocks With Market-Beating Price PerformanceLucid Motors May Test Investors' Resolve, But Should They Sell? Box Inc. Stock on Track to Become a Q4 WinnerAddentax Price Swings Give Reason To Wait 

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