KD Logo

Keeping an Eye on Xometry Inc (XMTR) After Insider Trading Activity

In a filing, Xometry Inc revealed its Chief Executive Officer Altschuler Randolph unloaded Company’s shares for reported $0.73 million on Feb 28 ’25. In the deal valued at $26.60 per share,27,566 shares were sold. As a result of this transaction, Altschuler Randolph now holds 256,570 shares worth roughly $6.42 million.

Then, Miln James sold 25,852 shares, generating $621,966 in total proceeds. Upon selling the shares at $24.06, the Chief Financial Officer now owns 105,238 shares.

Before that, Miln James sold 7,235 shares. Xometry Inc shares valued at $192,526 were divested by the Chief Financial Officer at a price of $26.61 per share. As a result of the transaction, Miln James now holds 131,090 shares, worth roughly $3.28 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 fall -0.87% to $25.03. Over the last five days, the stock has lost -11.97%. Xometry Inc shares have fallen nearly -41.33% since the year began. Nevertheless, the stocks have risen 27.97% 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 03/04/25. SMA at 50 days reached $35.57, while 200 days put it at $23.53.

Levels Of Support And Resistance For XMTR Stock

The 24-hour chart illustrates a support level at 23.71, which if violated will result in even more drops to 22.40. On the upside, there is a resistance level at 25.70. A further resistance level may holdings at 26.38. The Relative Strength Index (RSI) on the 14-day chart is 26.80, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.39%. Stochastics %K at 7.29% indicates the stock is a buying.

Most Popular