XMTR

What happens when a global AI expert gets access to insider data?

A global AI expert appointed as a director at Xometry made a significant insider purchase shortly after being exposed to the company's data, capitalizing on the stock price drop.

By the SpyStocks desk ยท 2mo ago ยท 2 min read

What happens when a global AI expert gets access to insider data? ๐Ÿคซ

$XMTR ๐Ÿ”Ž $3,999,930. ๐Ÿ’ต

This is the exact amount Lucas Alexander Biwald paid from his private pocket on June 3, 2026, to buy shares of Xometry. ๐Ÿ›’

Lucas Biwald is not just another investor guessing a chart's direction,

He is a world-class artificial intelligence authority,

The former founder and CEO of Weights & Biases (acquired by CoreWeave) and currently Senior Vice President of AI Initiatives at CoreWeave, a global leader in data centers. ๐Ÿ“ฑ

On May 20, 2026, he was appointed as a director at Xometry,

A company that operates a global digital marketplace connecting two sides of the manufacturing world: buyers who need custom parts manufactured, and manufacturers who have the machines and capacity to do the work. ๐Ÿญ

The company operates on an 'on-demand manufacturing' model, simplifying a process that once took weeks into mere seconds. โณ

Less than two weeks after taking his seat and being exposed to the work plans, he already made an insider purchase with unusual confidence. ๐Ÿ’ต

In early June, the company announced the pricing of a public stock offering,

Which caused concerns about temporary dilution and sent the stock down by about 13%. ๐Ÿ“Š

But beneath the surface, other events are unfolding.

In late May,

Industrial giant Siemens signed a deep strategic partnership with the company,

Integrated its AI tools into its systems, and even made a direct investment of $50 million. ๐Ÿ›’

Alongside this, the Q1 earnings already showed a shift to profitability and growth in supplying components for data centers for AI infrastructure. ๐Ÿ“Š

While the broader market was pressured by a temporary 13% drop due to an offering,

The expert who just entered the company's engine is taking advantage of the situation and injecting his own capital to make an insider purchase of 47,058 shares for $4 million? ๐Ÿ“ก

What does he know that we don't? ๐Ÿคซ

We are monitoring ๐Ÿ”Ž

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