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Emily Rollins, a director at Xometry , Inc. (NASDAQ:XMTR), has recently sold shares of the company's Class A common stock. The transaction comes as the stock has experienced a significant decline, falling about 17% in the past week and 51% year-to-date, according to InvestingPro data. According to a recent SEC filing, Rollins disposed of a total of 2,000 shares on April 7, 2025. The shares were sold at a weighted average price, with prices ranging from $19.5236 to $21.2785 per share, resulting in a total transaction value of $41,318.
These transactions were conducted under a Rule 10b5-1 trading plan, which allows insiders to set up a predetermined plan to sell stocks. Following these sales, Rollins retains direct ownership of 16,146 shares in the company.
In other recent news, Xometry Inc. has been the subject of several analyst updates and company developments. Goldman Sachs raised its price target for Xometry to $30, maintaining a Buy rating, following the company's robust Q4 2024 earnings report, which exceeded expectations. The firm's positive outlook is bolstered by Xometry's guidance for over 20% Marketplace revenue growth in fiscal year 2025. Similarly, Craig-Hallum increased its price target to $35, maintaining a Buy rating, citing Xometry's potential to benefit from geopolitical shifts and a sustainable growth rate despite softer first-quarter guidance. Cantor Fitzgerald also updated its assessment, lifting the price target to $20 while keeping an Underweight rating due to concerns over prototyping applications and upcoming debt obligations.
In another development, Xometry's Audit Committee decided to replace KPMG with Deloitte as its independent registered public accounting firm. This change follows reports from KPMG that were free of adverse opinions on Xometry's financial statements and internal controls for 2023 and 2024. JMP Securities maintained a Market Outperform rating with a $40 price target, emphasizing Xometry's position in the shift to online B2B custom manufacturing and its potential for market share growth. These recent developments highlight Xometry's ongoing efforts to navigate the competitive manufacturing sector and its strategic financial maneuvers.
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