Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Xometry CTO Raghavan Vaidyanathan sells $192,725 in stock

Xometry CTO Raghavan Vaidyanathan sells $192,725 in stock

Chief Technology Officer Raghavan Vaidyanathan of Xometry sold a substantial amount of Class A Common Stock on October 2, 2026, totaling approximately $192,725. This sale comprised 1,866 shares, with prices ranging from $101.4114 to $105.7569. The insider sale occurred as Xometry shares approached their 52-week high of $107.93, indicating a remarkable 99% gain over the past year.

Despite the stock appearing overvalued relative to its Fair Value, Xometry's financials for Q2 2026 surpassed expectations. The company reported adjusted earnings of $0.16 per share on revenue of $229.3 million, outpacing Wall Street's estimates. This growth, coupled with strong marketplace revenue, has garnered positive attention from analysts, who have raised price targets and maintained Buy ratings.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at investing.com →

More in Finance & Markets

More from Saturday 3 October →