OLD National Bancorp IN Trims Stake in Xometry, Inc. $XMTR

OLD National Bancorp IN decreased its holdings in shares of Xometry, Inc. (NASDAQ:XMTR) by 39.6% in the 2nd quarter, Holdings Channel reports. The firm owned 34,292 shares of the company’s stock after selling 22,500 shares during the period. OLD National Bancorp IN’s holdings in Xometry were worth $1,159,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Federated Hermes Inc. grew its holdings in shares of Xometry by 264.2% during the 1st quarter. Federated Hermes Inc. now owns 37,271 shares of the company’s stock valued at $929,000 after purchasing an additional 27,036 shares during the last quarter. LVW Advisors LLC bought a new position in Xometry in the second quarter worth about $388,000. Vontobel Holding Ltd. bought a new stake in shares of Xometry during the first quarter valued at approximately $420,000. GAMMA Investing LLC grew its stake in Xometry by 6,381.9% in the first quarter. GAMMA Investing LLC now owns 25,020 shares of the company’s stock worth $623,000 after purchasing an additional 24,634 shares during the period. Finally, SG Americas Securities LLC raised its holdings in Xometry by 259.0% in the first quarter. SG Americas Securities LLC now owns 50,035 shares of the company’s stock worth $1,247,000 after purchasing an additional 36,097 shares in the last quarter. Institutional investors own 97.31% of the company’s stock.

Wall Street Analysts Forecast Growth

XMTR has been the topic of a number of recent research reports. JMP Securities upped their target price on shares of Xometry from $45.00 to $50.00 and gave the stock a “market outperform” rating in a research report on Wednesday, August 6th. Cantor Fitzgerald upgraded shares of Xometry from an “underweight” rating to a “neutral” rating and set a $41.00 price objective on the stock in a report on Tuesday, August 5th. The Goldman Sachs Group lifted their target price on shares of Xometry from $33.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of Xometry in a research report on Saturday, September 27th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Xometry in a research report on Friday, July 11th. Six research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $40.44.

Xometry Stock Up 2.4%

Xometry stock opened at $52.75 on Tuesday. Xometry, Inc. has a 12 month low of $16.26 and a 12 month high of $58.03. The stock has a fifty day simple moving average of $47.80 and a two-hundred day simple moving average of $36.16. The company has a current ratio of 3.91, a quick ratio of 3.85 and a debt-to-equity ratio of 1.20. The firm has a market cap of $2.68 billion, a price-to-earnings ratio of -42.89 and a beta of 0.89.

Xometry (NASDAQ:XMTR) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.05 by $0.04. Xometry had a negative return on equity of 6.79% and a negative net margin of 10.20%.The company had revenue of $162.55 million for the quarter, compared to analysts’ expectations of $156.53 million. During the same period last year, the firm posted ($0.01) earnings per share. Xometry’s revenue was up 22.6% compared to the same quarter last year. Xometry has set its Q3 2025 guidance at EPS. Equities analysts predict that Xometry, Inc. will post -0.66 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Randolph Altschuler sold 9,331 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $50.31, for a total transaction of $469,442.61. Following the completion of the transaction, the chief executive officer directly owned 310,271 shares of the company’s stock, valued at $15,609,734.01. The trade was a 2.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO James Miln sold 598 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $50.25, for a total transaction of $30,049.50. Following the transaction, the chief financial officer owned 144,115 shares in the company, valued at approximately $7,241,778.75. This trade represents a 0.41% decrease in their position. The disclosure for this sale can be found here. Insiders own 9.66% of the company’s stock.

Xometry Profile

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.