Xometry director Randolph Altschuler sells $1.63 million in shares

Xometry director Randolph Altschuler sold $1.63 million worth of Class A common stock on October 1 and October 2, 2026. This sale happened as the company's stock price was near its 52-week high of $107.93, following a 99% increase over the past year. Despite having negative free cash flow of $13.9 million, Xometry's stock showed strong momentum.

On October 1, shares held by Altschuler's spouse were sold for approximately $1,040,405, with prices ranging from $102.5535 to $106.19 per share. The transactions were executed under a Rule 10b5-1 trading plan. A day later, Altschuler himself sold $591,100 worth of Class A common stock, with prices between $101.3937 and $106.3577.

These sales were also executed via a Rule 10b5-1 trading plan. Xometry recently reported strong second-quarter 2026 financial results, surpassing Wall Street expectations with adjusted earnings of $0.16 per share on $229.3 million in revenue. This marked a 41% increase in revenue from the previous year. Analysts, including Rosenblatt and Citizens, have raised their price targets for Xometry to $120, citing the company's AI capabilities and durable growth outlook.

JPMorgan also initiated coverage with an overweight rating and a $120 price target, praising Xometry's leadership in the online marketplace for custom manufacturing.