Xometry Shares Beat the S&P 500 as Insider Sells $1.7 Million

Core Insights - Xometry is a leading digital manufacturing marketplace that connects buyers with a vetted network of suppliers, enhancing sourcing and production efficiency for custom parts globally [1][2] - The company reported record third-quarter revenue of $180.7 million, reflecting a 28% year-over-year increase, driven by a 31% growth in marketplace revenue [7] - Xometry's gross margin expanded to 35.7%, and adjusted EBITDA improved by $6.8 million year-over-year to $6.1 million, indicating stronger operating leverage [7] Company Performance - Xometry ended the quarter with $225 million in cash and marketable securities, raising full-year guidance, which signals confidence in sustained growth and margin expansion [7] - The stock has outperformed the broader market, rising significantly above the S&P 500's approximately 18% gain over the past year, attributed to accelerating marketplace scale and improving profitability [6] Insider Activity - Sanjeev Sahni, President of Xometry, executed a direct sale of 26,190 shares for $1.71 million, which accounted for 29.32% of his Class A direct holdings at the time [4][6] - This sale was part of a planned liquidity event under a Rule 10b5-1 plan, linked to tax withholding obligations from RSU vesting, and Sahni retains a meaningful equity stake valued at approximately $4 million [6][8]