Pictet Asset Management SA Invests $43,000 in Nano Dimension Ltd. (NASDAQ:NNDM)

Pictet Asset Management SA bought a new position in shares of Nano Dimension Ltd. (NASDAQ:NNDM – Get Rating) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 17,831 shares of the technology company’s stock, valued at approximately $43,000.

A number of other institutional investors also recently modified their holdings of NNDM. Envestnet Asset Management Inc. raised its position in Nano Dimension by 13.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,556 shares of the technology company’s stock valued at $173,000 after buying an additional 5,807 shares during the last quarter. Vanguard Group Inc. raised its position in Nano Dimension by 11.7% in the 1st quarter. Vanguard Group Inc. now owns 158,487 shares of the technology company’s stock valued at $564,000 after buying an additional 16,594 shares during the last quarter. Renaissance Technologies LLC raised its position in Nano Dimension by 162.1% in the 1st quarter. Renaissance Technologies LLC now owns 1,097,032 shares of the technology company’s stock valued at $3,905,000 after buying an additional 678,505 shares during the last quarter. UBS Group AG raised its position in Nano Dimension by 6.5% in the 1st quarter. UBS Group AG now owns 480,124 shares of the technology company’s stock valued at $1,709,000 after buying an additional 29,105 shares during the last quarter. Finally, State Street Corp raised its position in Nano Dimension by 8.6% in the 1st quarter. State Street Corp now owns 4,139,388 shares of the technology company’s stock valued at $14,736,000 after buying an additional 329,039 shares during the last quarter. 24.34% of the stock is owned by institutional investors and hedge funds.

Nano Dimension Trading Up 5.1 %

NASDAQ NNDM opened at $3.11 on Friday. The firm has a market capitalization of $660.74 million, a P/E ratio of -2.68 and a beta of 1.81. The business has a fifty day simple moving average of $2.63 and a 200 day simple moving average of $2.59. Nano Dimension Ltd. has a 12 month low of $2.06 and a 12 month high of $3.98.

Nano Dimension (NASDAQ:NNDM – Get Rating) last released its quarterly earnings results on Thursday, December 1st. The technology company reported ($0.26) EPS for the quarter. The company had revenue of $10.00 million during the quarter. Nano Dimension had a negative net margin of 766.46% and a negative return on equity of 23.08%.

Nano Dimension Company Profile

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Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. The company's flagship product is DragonFly IV system that serves cross-industry High-Performance-Electronic-Devices' fabrication needs by depositing proprietary conductive and dielectric substances, as well as integrates in-situ capacitors, antennas, coils, transformers, and electromechanical components.