Xometry Inc’s recently made public that its Chief Operating Officer Goguen Peter unloaded Company’s shares for reported $0.1 million on Jan 15 ’25. In the deal valued at $34.50 per share,3,000 shares were sold. As a result of this transaction, Goguen Peter now holds 164,993 shares worth roughly $5.62 million.
Then, Goguen Peter bought 3,000 shares, generating $103,500 in total proceeds.
Before that, Goguen Peter sold 940 shares. Xometry Inc shares valued at $39,815 were divested by the Chief Operating Officer at a price of $42.36 per share. As a result of the transaction, Goguen Peter now holds 167,993 shares, worth roughly $5.72 million.
Wedbush initiated its Xometry Inc [XMTR] rating to an Outperform in a research note published on December 20, 2024; the price target was $48. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “an Overweight”. Cantor Fitzgerald began covering XMTR with “an Underweight” recommendation on June 05, 2024. JMP Securities started covering the stock on April 10, 2023. It rated XMTR as “a Mkt outperform”.
Price Performance Review of XMTR
On Tuesday, Xometry Inc [NASDAQ:XMTR] saw its stock jump 1.28% to $34.06. Xometry Inc shares have fallen nearly -20.16% since the year began. Nevertheless, the stocks have risen 7.11% over the past one year. While a 52-week high of $45.33 was reached on 01/02/25, a 52-week low of $11.08 was recorded on 01/27/25. SMA at 50 days reached $35.01, while 200 days put it at $21.56.
Levels Of Support And Resistance For XMTR Stock
The 24-hour chart illustrates a support level at 33.05, which if violated will result in even more drops to 32.03. On the upside, there is a resistance level at 34.70. A further resistance level may holdings at 35.33. The Relative Strength Index (RSI) on the 14-day chart is 45.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.08%. Stochastics %K at 14.74% indicates the stock is a buying.
How much short interest is there in Xometry Inc?
A steep rise in short interest was recorded in Xometry Inc stocks on 2025-01-15, dropping by -0.54 million shares to a total of 3.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 3.97 million shares. There was a decline of -15.68%, which implies that there is a negative sentiment for the stock.
