Chief Revenue Officer, CRONIN BILL sold 3,500 shares of Xometry Inc. [XMTR]

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Xometry Inc.’s filing revealed that its Chief Revenue Officer CRONIN BILL unloaded Company’s shares for reported $0.21 million on Nov 01. In the deal valued at $59.75 per share,3,500 shares were sold. As a result of this transaction, CRONIN BILL now holds 113,453 shares worth roughly $ 6.06 million.


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Then, Altschuler Randolph sold 20,000 shares, generating $1,196,561 in total proceeds. Upon selling the shares at $59.83, the Chief Executive Officer now owns 91,582 shares.

Before that, Rallo James M sold 10,000 shares. Xometry Inc. shares valued at $595,512 were divested by the Chief Financial Officer at a price of $59.55 per share. As a result of the transaction, Rallo James M now holds 21,687 shares, worth roughly $1.16 million.

Loop Capital initiated its Xometry Inc. [XMTR] rating to a Buy in a research note published on Friday, April 12, 2022; the price target was $50. PT values the company’s stock at a premium of -6.86 to its Friday closing price. RBC Capital Mkts also remained covering XMTR and has increased its forecast on November 11, 2021 with a “an Outperform” recommendation from previously “Sector perform” rating. William Blair started covering the stock on July 26, 2021. It rated XMTR as “an Outperform”.

Price Performance Review of XMTR

On Friday, Xometry Inc. [NASDAQ:XMTR] saw its stock fall -4.93% to $53.43. On the same session, the stock had its day’s lowest price of $52.55, but rose to a high of $57.735. Over the last five days, the stock has lost -10.95%. Xometry Inc. shares have risen nearly 4.25% since the year began. Nevertheless, the stocks have risen 13.39% over the past one year. While a 52-week high of $64.35 was reached on 09/21/22, a 52-week low of $26.61 was recorded on 05/12/22. SMA at 50 days reached $56.56, while 200 days put it at $43.42. A total of 0.62 million shares were traded, compared to the trading of 0.33 million shares in the previous session.

Levels Of Support And Resistance For XMTR Stock

The 24-hour chart illustrates a support level at 51.41, which if violated will result in even more drops to 49.39. On the upside, there is a resistance level at 56.59. A further resistance level may holdings at 59.76. The Relative Strength Index (RSI) on the 14-day chart is 41.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.67%. Stochastics %K at 30.26% indicates the stock is a holding.

How much short interest is there in Xometry Inc.?

A steep rise in short interest was recorded in Xometry Inc. stocks on Jul 14, 2022, growing by 0.38 million shares to a total of 5.87 million shares. Yahoo Finance data shows the prior-month short interest on Jun 14, 2022 was 5.49 million shares. There was a rise of 6.47%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 21.76% of the overall stock float, the days-to-cover ratio (short ratio) rose to 11.32.

Xometry Inc. [XMTR] – Who Are The Largest Shareholders?

In filings from T. Rowe Price Associates, Inc., it is revealed that the company now owns 5,183,592 shares, or roughly 11.60% of the outstanding XMTR shares. In other words, the investor’s shares have fallen by -1,496,764 from its previous 13-F filing of 6680356.0. Additionally, The Vanguard Group, Inc. increased 17.04% of its stake after which the total value it holdings stand at $131,055,930, while Brown Capital Management LLC added 18.16% of its stake to hold $127.91 million in the firm. At present, PRIMECAP Management Co. is holding 1,728,910 shares valued at $98.18 million. William Blair Investment Manageme owned 1,705,158 shares of the company at the time of its most recent 13F filing, worth $96.84 million.

The most recent change occurred on July 26, 2021 when RBC Capital Mkts began covering the stock and recommended ‘”a Sector perform”‘ rating along with a $80 price target.

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