Xometry CTO Raghavan Vaidyanathan sells $192,725 in stock

Xometry, Inc. (NASDAQ:XMTR) Chief Technology Officer Raghavan Vaidyanathan disposed of Class A Common Stock valued at approximately $192,725 on October 2, 2026. The shares were sold at prices ranging between $101.4114 and $105.7569.The insider sale comes as Xometry shares trade near their 52-week high of $107.93, reflecting a remarkable 99% gain over the past year. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value. For deeper insights, investors can access comprehensive Pro Research Reports covering XMTR and 1,400+ other US equities.

The transactions involved a total of 1,866 shares, executed through multiple sales. These sales were conducted automatically pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Vaidyanathan at least 90 days prior to the trading date. The sales were also made to cover tax withholding obligations related to the vesting of restricted stock units.

The individual sales included:

549 shares at a weighted average price of $101.4114, with prices ranging from $101.00 to $101.96.

343 shares at a weighted average price of $102.3753, with prices ranging from $102.13 to $102.68.

373 shares at a weighted average price of $103.5346, with prices ranging from $103.19 to $103.77.

284 shares at a weighted average price of $104.9023, with prices ranging from $104.36 to $105.335.

317 shares at a weighted average price of $105.7569, with prices ranging from $105.44 to $105.94.

Following these transactions, Mr. Vaidyanathan directly holds 133,911 shares of Xometry Class A Common Stock.

In other recent news, Xometry reported impressive financial results for the second quarter of 2026, surpassing Wall Street’s expectations. The company achieved adjusted earnings of $0.16 per share on revenue of $229.3 million, beating analysts’ estimates of $0.15 per share and $213.4 million in revenue. This marks a 41% increase in revenue from the previous year, with marketplace revenue growing by 45%. Additionally, Rosenblatt raised its price target for Xometry to $120, maintaining a Buy rating, citing the company’s strength in AI and strategic positioning. Citizens also reiterated a Market Outperform rating and a $120 price target, following meetings with Xometry’s CFO and VP of Investor Relations. Furthermore, JPMorgan initiated coverage on Xometry with an overweight rating and a $120 price target, highlighting the company’s leading position in the online marketplace for custom manufacturing. These developments reflect a positive outlook from analysts and strong financial performance for Xometry.