Fathom Digital Manufacturing Co. (NYSE:FATH) Shares Bought by ARK Investment Management LLC

ARK Investment Management LLC raised its position in Fathom Digital Manufacturing Co. (NYSE:FATHGet Rating) by 7.1% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 949,800 shares of the company’s stock after acquiring an additional 63,048 shares during the period. ARK Investment Management LLC owned approximately 0.70% of Fathom Digital Manufacturing worth $4,673,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in FATH. Liberty Street Advisors Inc. acquired a new stake in shares of Fathom Digital Manufacturing in the first quarter valued at about $1,629,000. Vanguard Group Inc. acquired a new position in Fathom Digital Manufacturing during the first quarter valued at approximately $1,223,000. BlackRock Inc. acquired a new position in shares of Fathom Digital Manufacturing during the first quarter worth $744,000. Centiva Capital LP acquired a new position in shares of Fathom Digital Manufacturing during the fourth quarter worth $198,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Fathom Digital Manufacturing during the first quarter worth $113,000. Institutional investors and hedge funds own 17.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reduced their target price on shares of Fathom Digital Manufacturing from $9.00 to $6.00 and set a “buy” rating on the stock in a research report on Tuesday, August 16th.

Fathom Digital Manufacturing Stock Performance

Shares of FATH opened at $2.39 on Monday. Fathom Digital Manufacturing Co. has a 52-week low of $2.37 and a 52-week high of $11.50. The company has a current ratio of 0.96, a quick ratio of 0.72 and a debt-to-equity ratio of 0.21. The firm has a 50-day moving average price of $3.64 and a 200 day moving average price of $5.17.

Fathom Digital Manufacturing Company Profile

(Get Rating)

Fathom Digital Manufacturing Corporation, a digital manufacturing platform, provides product development and manufacturing services in North America. It provides plastic and metal additive manufacturing, computer numerical control machining, injection molding and tooling, precision sheet metal fabrication, design engineering, urethane casting, and chemical etching.

Recommended Stories

Want to see what other hedge funds are holding FATH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fathom Digital Manufacturing Co. (NYSE:FATHGet Rating).

Institutional Ownership by Quarter for Fathom Digital Manufacturing (NYSE:FATH)

Receive News & Ratings for Fathom Digital Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fathom Digital Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.