Hsbc Holdings PLC Invests $234,000 in Xometry, Inc. (NASDAQ:XMTR)

Hsbc Holdings PLC acquired a new stake in shares of Xometry, Inc. (NASDAQ:XMTR) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 5,430 shares of the company’s stock, valued at approximately $234,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Global Retirement Partners LLC bought a new position in shares of Xometry in the fourth quarter worth approximately $27,000. Canada Pension Plan Investment Board bought a new position in Xometry in the 4th quarter valued at approximately $38,000. SBI Securities Co. Ltd. purchased a new stake in Xometry during the 4th quarter valued at $73,000. Summit Investment Advisors Inc. increased its holdings in shares of Xometry by 8.1% in the 4th quarter. Summit Investment Advisors Inc. now owns 4,447 shares of the company’s stock worth $190,000 after purchasing an additional 333 shares in the last quarter. Finally, Victory Capital Management Inc. purchased a new position in shares of Xometry in the fourth quarter worth $219,000. 97.31% of the stock is currently owned by institutional investors.

Xometry Trading Down 0.3 %

NASDAQ:XMTR opened at $30.49 on Friday. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of -29.04 and a beta of 0.71. The company has a debt-to-equity ratio of 0.90, a current ratio of 4.59 and a quick ratio of 4.55. The business has a fifty day moving average price of $24.60 and a 200-day moving average price of $30.19. Xometry, Inc. has a one year low of $11.08 and a one year high of $45.33.

Analysts Set New Price Targets

XMTR has been the topic of several recent analyst reports. The Goldman Sachs Group increased their price objective on Xometry from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. reduced their price target on shares of Xometry from $45.00 to $30.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. UBS Group increased their price objective on shares of Xometry from $33.00 to $35.00 and gave the company a “neutral” rating in a research report on Wednesday. Cantor Fitzgerald lifted their target price on shares of Xometry from $20.00 to $21.00 and gave the stock an “underweight” rating in a research report on Wednesday. Finally, Citigroup lowered their price target on Xometry from $46.00 to $39.00 and set a “buy” rating on the stock in a report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $34.89.

Insider Transactions at Xometry

In related news, Director Emily Rollins sold 2,000 shares of the stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $20.66, for a total value of $41,320.00. Following the completion of the sale, the director now directly owns 16,146 shares of the company’s stock, valued at approximately $333,576.36. This represents a 11.02 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Peter Goguen sold 3,000 shares of Xometry stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $35.57, for a total transaction of $106,710.00. Following the transaction, the chief operating officer now directly owns 161,993 shares in the company, valued at $5,762,091.01. This represents a 1.82 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 88,297 shares of company stock valued at $2,321,148 over the last quarter. 16.79% of the stock is currently owned by company insiders.

About Xometry

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.