1 week Ago By Defense World Staff
Xometry ( NASDAQ:XMTR – Free Report ) had its target price raised by Royal Bank of Canada from $27.00 to $40.00 in a research note released on Friday, Benzinga reports.
The brokerage currently has a sector perform rating on the stock. Other equities analysts also recently issued research reports about the stock. Cantor Fitzgerald restated an “underweight” rating and issued a $12.
00 price objective on shares of Xometry in a research note on Wednesday, November 6th. JPMorgan Chase & Co. raised Xometry from a “neutral” rating to an “overweight” rating and upped their target price for the company from $25.
00 to $45.00 in a research report on Wednesday, December 18th. Wedbush reaffirmed an “outperform” rating and set a $48.
00 price target on shares of Xometry in a research report on Friday, December 20th. Craig Hallum increased their price objective on Xometry from $20.00 to $30.
00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Finally, UBS Group lifted their target price on shares of Xometry from $20.00 to $22.
00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $33.
33. Check Out Our Latest Stock Report on Xometry Xometry Stock Up 3.8 % Insider Transactions at Xometry In related news, COO Peter Goguen sold 986 shares of Xometry stock in a transaction that occurred on Wednesday, December 18th.
The stock was sold at an average price of $40.08, for a total value of $39,518.88.
Following the sale, the chief operating officer now directly owns 168,933 shares in the company, valued at $6,770,834.64. The trade was a 0.
58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link . Also, Director Emily Rollins sold 3,729 shares of the stock in a transaction on Thursday, November 7th.
The stock was sold at an average price of $29.49, for a total value of $109,968.21.
Following the completion of the transaction, the director now owns 12,457 shares of the company’s stock, valued at $367,356.93. The trade was a 23.
04 % decrease in their position. The disclosure for this sale can be found here . In the last quarter, insiders sold 38,279 shares of company stock worth $1,162,332.
Company insiders own 16.79% of the company’s stock. Institutional Trading of Xometry Several institutional investors and hedge funds have recently modified their holdings of the business.
nVerses Capital LLC acquired a new position in Xometry in the 2nd quarter valued at about $38,000. ProShare Advisors LLC acquired a new position in shares of Xometry during the 2nd quarter valued at $53,000. Point72 Asset Management L.
P. purchased a new stake in shares of Xometry in the second quarter worth about $55,000. US Bancorp DE boosted its holdings in Xometry by 57.
7% in the 3rd quarter. US Bancorp DE now owns 5,570 shares of the company’s stock worth $102,000 after acquiring an additional 2,037 shares during the period. Finally, Susquehanna Fundamental Investments LLC purchased a new position in shares of Xometry in the second quarter valued at $129,000.
Hedge funds and other institutional investors own 97.31% of the company’s stock. Xometry Company Profile ( Get Free Report ) 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. Featured Articles Five stocks we like better than Xometry Investing In Automotive Stocks Insiders Are Selling, But These 3 Stocks Are Must-Buys Uptrend Stocks Explained: Learn How to Trade Using Uptrends Rivian Defies Doubters: Delivery Triumph Fuels Stock Surge ESG Stocks, What Investors Should Know Hindenburg Short Report Slams Carvana Over Alleged ‘Grift’ Receive News & Ratings for Xometry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xometry and related companies with MarketBeat.com's FREE daily email newsletter .
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