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In a recent transaction, Peter Goguen, Chief Operating Officer of Xometry , Inc. (NASDAQ:XMTR), a $1.7 billion market cap company that has seen its stock surge 144% over the past year, sold 10,500 shares of the company’s Class A common stock. The sale, conducted on June 9, amounted to a total of $392,595, with each share priced at $37.39. Following this transaction, Goguen retains ownership of 176,443 shares in the company. According to InvestingPro analysis, the stock currently appears overvalued compared to its Fair Value, with the company yet to achieve profitability despite strong revenue growth.
This stock sale was executed automatically under a pre-established Rule 10b5-1 trading plan, which Goguen had set up at least 90 days before the transaction date. InvestingPro data reveals 8 additional key insights about Xometry’s financial health and growth prospects, available in the comprehensive Pro Research Report.
In other recent news, Xometry, Inc. reported better-than-expected financial results for the first quarter, with adjusted earnings per share of $0.02, surpassing analyst expectations of breakeven. Revenue rose by 23% year-over-year to $150.97 million, exceeding the consensus forecast of $148.65 million. The company attributed its revenue growth to strong U.S. enterprise customer expansion, with core marketplace revenue increasing by 27% year-over-year. For the second quarter, Xometry projects revenue between $155 and $157 million, representing a 17-18% year-over-year growth. Additionally, Xometry raised its full-year 2025 marketplace growth outlook from at least 20% to at least 22%.
In a separate development, Xometry announced a private offering of $225 million in Convertible Senior Notes due 2030, with an option to purchase an additional $25 million. The proceeds are intended for strategic initiatives, including capped call transactions, share repurchases, and buybacks of existing notes. These financial maneuvers aim to manage the impact on Xometry’s capital structure and shareholder value. The company has not registered the notes and Class A common stock issuable upon conversion under the Securities Act. The recent developments reflect Xometry’s strategic efforts to enhance its financial position and market presence.
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