Geode Capital Management LLC Increases Position in Xometry, Inc. $XMTR

Geode Capital Management LLC increased its stake in shares of Xometry, Inc. (NASDAQ:XMTR) by 0.9% in the second quarter, HoldingsChannel reports. The firm owned 1,084,117 shares of the company’s stock after buying an additional 9,360 shares during the period. Geode Capital Management LLC’s holdings in Xometry were worth $36,637,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. CWM LLC lifted its position in shares of Xometry by 825.6% during the first quarter. CWM LLC now owns 1,555 shares of the company’s stock valued at $39,000 after buying an additional 1,387 shares during the last quarter. KBC Group NV bought a new position in shares of Xometry during the 2nd quarter worth approximately $55,000. Keystone Global Partners LLC bought a new position in shares of Xometry during the 1st quarter worth approximately $57,000. Campbell & CO Investment Adviser LLC purchased a new stake in Xometry during the second quarter valued at approximately $211,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Xometry by 18.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,777 shares of the company’s stock valued at $219,000 after acquiring an additional 1,376 shares in the last quarter. Hedge funds and other institutional investors own 97.31% of the company’s stock.

Insider Activity at Xometry

In other Xometry news, insider Subir Dutt sold 2,075 shares of the stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $60.00, for a total transaction of $124,500.00. Following the transaction, the insider directly owned 71,348 shares of the company’s stock, valued at $4,280,880. This trade represents a 2.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Randolph Altschuler sold 9,331 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $50.31, for a total transaction of $469,442.61. Following the sale, the chief executive officer directly owned 310,271 shares of the company’s stock, valued at $15,609,734.01. This represents a 2.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 12,603 shares of company stock valued at $661,196. 9.66% of the stock is owned by company insiders.

Xometry Price Performance

NASDAQ:XMTR opened at $57.88 on Thursday. The company has a quick ratio of 3.58, a current ratio of 3.62 and a debt-to-equity ratio of 1.20. Xometry, Inc. has a 52 week low of $18.59 and a 52 week high of $69.26. The stock’s 50-day moving average price is $54.26 and its 200-day moving average price is $43.92. The stock has a market capitalization of $2.97 billion, a PE ratio of -46.30 and a beta of 0.87.

Xometry (NASDAQ:XMTR) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.11. The company had revenue of $180.72 million for the quarter, compared to the consensus estimate of $168.25 million. Xometry had a negative return on equity of 6.59% and a negative net margin of 9.80%.Xometry’s revenue for the quarter was up 27.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.02 earnings per share. Xometry has set its Q4 2025 guidance at EPS. As a group, equities analysts expect that Xometry, Inc. will post -0.66 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

XMTR has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upped their price target on Xometry from $55.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. Citizens Jmp upped their price target on shares of Xometry from $65.00 to $75.00 and gave the company a “market outperform” rating in a research note on Wednesday, November 5th. UBS Group increased their price target on shares of Xometry from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Wednesday, August 6th. Cantor Fitzgerald increased their price objective on shares of Xometry from $41.00 to $60.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Finally, Wedbush boosted their target price on shares of Xometry from $48.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, November 5th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $57.89.

Xometry Profile

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.