James Rallo, the Chief Financial Officer of Xometry Inc (XMTR, Financial), executed a sale of 5,000 shares in the company on January 22, 2024, according to a recent SEC Filing. The transaction was carried out at an average price of $33.02 per share, resulting in a total value of $165,100.
Xometry Inc operates as a technology company that offers a marketplace for on-demand manufacturing. The platform connects customers with a network of small and medium-sized manufacturers. Xometry's services include CNC machining, 3D printing, sheet metal fabrication, and injection molding. The company aims to provide buyers with instant pricing, expected lead times, and manufacturability feedback.
Over the past year, the insider has sold a total of 29,404 shares of Xometry Inc and has not made any purchases of the stock. The recent sale by the insider is part of a broader trend observed within the company's insider transaction history.
The insider transaction history for Xometry Inc shows a pattern of insider activity. Over the past year, there has been a total of 1 insider buy and 21 insider sells. This trend is indicative of the insider sentiment towards the stock within the given timeframe.
On the date of the insider's most recent transaction, shares of Xometry Inc were trading at $33.02, giving the company a market capitalization of $1.586 billion.
Investors often monitor insider sales as they can provide insights into how the company's executives view the stock's valuation and future prospects. However, insider transactions are not always indicative of future stock performance and may be influenced by various factors, including personal financial needs and portfolio diversification strategies.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
