Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Xometry Inc shares valued at $733,242 were sold by Altschuler Randolph on Feb 28 ’25. At $26.60 per share, Altschuler Randolph sold 27,566 shares. The insider’s holdings dropped to 256,570 shares worth approximately $6.06 million following the completion of this transaction.
Also, Miln James sold 25,852 shares, netting a total of over 621,966 in proceeds. Following the sale of shares at $24.06 each, the insider now holds 105,238 shares.
Before that, Miln James had sold 7,235 shares from its account. In a trade valued at $192,526, the Chief Financial Officer traded Xometry Inc shares for $26.61 each. Upon closing the transaction, the insider’s holdings decreased to 7,235 shares, worth approximately $3.1 million.
As published in their initiating research note from Wedbush on December 20, 2024, Xometry Inc [XMTR] has been an Outperform and the price target has been revised to $48. Analysts at JP Morgan upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in mid December. As of June 05, 2024, Cantor Fitzgerald has initiated its “an Underweight” rating for XMTR. Earlier on April 10, 2023, JMP Securities initiated its rating. Their recommendation was “a Mkt outperform” for XMTR stock.
Analyzing XMTR Stock Performance
During the last five days, there has been a drop of approximately -4.41%. Over the course of the year, Xometry Inc shares have dropped approximately -44.63%. Shares of the company reached a 52-week high of $44.10 on 01/02/25 and a 52-week low of $22.66 on 03/10/25. A 50-day SMA is recorded $33.20, while a 200-day SMA reached $23.82.
Support And Resistance Levels for Xometry Inc (XMTR)
According to the 24-hour chart, there is a support level at 22.67, which, if violated, would cause prices to drop to 21.72. In the upper region, resistance lies at 25.19. The next price resistance is at 26.76. RSI (Relative Strength Index) is 32.73 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.61, which suggests the price will decrease in the coming days. Percent R is at 90.38%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
