SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 7.1% Stake in Xometry Inc.

FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a beneficial ownership of 7.1% of Xometry Inc.'s Class A Common Stock as of December 31, 2024.

Summary

• FMR LLC and Abigail P. Johnson jointly filed an Amendment No. 2 to Schedule 13G concerning their beneficial ownership in Xometry Inc.
• As of December 31, 2024, the reporting persons collectively beneficially own 3,311,961.20 shares of Xometry Inc.'s Class A Common Stock.
• This aggregate amount represents 7.1% of the total outstanding Class A Common Stock.
• FMR LLC holds sole voting power over 3,308,846.00 shares and sole dispositive power over 3,311,961.20 shares.
• Abigail P. Johnson, as a Director, Chairman, and Chief Executive Officer of FMR LLC, and a predominant owner of its Series B voting common shares, is deemed to beneficially own the same aggregate amount of shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Xometry Inc.
• Several FMR LLC subsidiaries, including FIAM LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, and Strategic Advisers LLC, are identified as entities that beneficially own shares.

Sentiment

Score: 7

Explanation: The filing reflects a significant and stable institutional investment by FMR LLC in Xometry Inc., which can be viewed positively as a vote of confidence from a major financial entity. However, it does not contain operational or financial performance data for Xometry Inc. itself, limiting its direct impact on sentiment regarding the company's current state.

Positives

• A significant institutional investor, FMR LLC, maintains a substantial stake in Xometry Inc., indicating continued confidence in the company.
• The filing explicitly states that the shares are held in the ordinary course of business and not for control purposes, suggesting a stable, long-term investment perspective from a major financial entity.

Future Outlook

This Schedule 13G filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding Xometry Inc.'s future performance or outlook.

Industry Context

This filing indicates continued institutional investor interest in Xometry Inc., a company operating in the on-demand manufacturing and industrial marketplace sector. The significant stake held by FMR LLC, a major asset management firm, suggests a belief in the long-term prospects of companies facilitating digital transformation in manufacturing and supply chains.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional holdings, which may reinforce investor confidence due to the presence of a major, passive institutional investor.
• Management: Awareness of a large, passive institutional investor on their shareholder register.

Key Dates

Keywords

Xometry Inc, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, Class A Common Stock, institutional investment, SEC filing, 98423F109