Xometry Director Sells 10,000 Shares
Katharine Weymouth, a director at Xometry (NASDAQ: XMTR), sold 10,000 shares of Class A common stock in multiple transactions with an average price range between $94.30 and $94.43 per share. The sale was reported via SEC Form 4 and totaled approximately $947,700. Weymouth's direct ownership remains at around 35,345 shares post-transaction. The transaction appears to be part of a broader strategy involving the exercise of stock options followed by sales. Xometry operates as a digital marketplace for custom-manufactured components and has seen strong performance in recent months, with an 87% total return over one year. The company reported TTM revenue of $807.5 million but also posted a net loss of -$30.8 million. The sale does not appear to significantly impact Weymouth's overall equity stake or the broader market perception of Xometry, as it was executed in line with her existing holdings and recent stock performance.
Tickers: $XMTR
Topics: director activity SEC Form 4 stock sale Xometry