Xometry, Inc. (NASDAQ:XMTR) Chief Financial Officer James Miln sold 4,000 shares of the company's Class A common stock on November 6, 2026, according to a regulatory filing. The transactions were executed under a Rule 10b5-1 trading plan and totaled approximately $455,229. The shares changed hands at weighted average prices between $109.5283 and $117.1841. After the sale, Miln directly holds 173,631 shares of Xometry Class A common stock.
The disclosure arrives as Xometry's stock trades at $119.31, close to its 52-week high of $123.39. The share price has climbed 101% year-to-date. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value.
In other recent developments, Xometry reported third-quarter results that exceeded Wall Street estimates. The company posted adjusted earnings of $0.28 per share and revenue of $252.4 million. Revenue rose 40% compared with the prior-year period, and the quarter included Xometry's first period of GAAP net income. Analysts from Wedbush, Cantor Fitzgerald, and Citizens responded positively by raising their price targets. Wedbush increased its target to $140, citing strong revenue performance that exceeded guidance by approximately $16 million. Cantor Fitzgerald lifted its target to $114, highlighting record metrics in total revenue, gross profit, and adjusted EBITDA. Citizens raised its target to $135, noting that revenue and EBITDA were significantly above the high end of guidance. These upgrades reflect the company's robust performance and optimistic future guidance.
The article does not specify a reason for Miln's sale. Rule 10b5-1 plans allow insiders to set up predetermined trading arrangements, which can provide a defense against insider trading allegations by executing trades according to a schedule established when the insider may not possess material nonpublic information. Such plans are commonly used by executives to diversify holdings or manage liquidity, but the filing does not disclose Miln's motivation.
Xometry operates in the industrial manufacturing sector, connecting buyers with custom parts manufacturers through its platform. The company's performance and insider activity may be of interest to investors focused on technology-enabled manufacturing and industrial services. The stock's strong year-to-date gain and the CFO's sale occur against a backdrop of positive analyst sentiment following the third-quarter report.
Investors seeking deeper insights can access comprehensive analysis through XMTR's Pro Research Report, one of 1,400+ available on InvestingPro. The article also notes that Xometry is included in AI-picked strategies, and readers can review strategies for additional context.