Nano-X Imaging Ltd. (NASDAQ:NNOX) Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Nano-X Imaging Ltd. (NASDAQ:NNOX) by 27.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,133 shares of the company’s stock after purchasing an additional 3,639 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Nano-X Imaging were worth $109,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Principal Financial Group Inc. grew its stake in shares of Nano-X Imaging by 15.4% in the 3rd quarter. Principal Financial Group Inc. now owns 18,136 shares of the company’s stock valued at $119,000 after buying an additional 2,420 shares during the period. SG Americas Securities LLC grew its position in Nano-X Imaging by 71.6% in the third quarter. SG Americas Securities LLC now owns 22,671 shares of the company’s stock worth $149,000 after acquiring an additional 9,460 shares during the period. Jump Financial LLC acquired a new stake in Nano-X Imaging during the third quarter worth $161,000. Dark Forest Capital Management LP acquired a new stake in Nano-X Imaging during the third quarter worth $179,000. Finally, Barclays PLC lifted its stake in shares of Nano-X Imaging by 15.2% in the 3rd quarter. Barclays PLC now owns 34,050 shares of the company’s stock valued at $223,000 after purchasing an additional 4,486 shares during the last quarter. 21.49% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald reissued an “overweight” rating and set a $18.00 price objective on shares of Nano-X Imaging in a research report on Thursday, February 15th.

Nano-X Imaging Stock Performance

NASDAQ:NNOX opened at $10.08 on Friday. Nano-X Imaging Ltd. has a fifty-two week low of $4.89 and a fifty-two week high of $22.69. The company has a 50 day moving average price of $9.89 and a 200 day moving average price of $7.70. The stock has a market capitalization of $582.42 million, a P/E ratio of -9.42 and a beta of 2.15.

Nano-X Imaging (NASDAQ:NNOX) last issued its earnings results on Monday, April 1st. The company reported ($0.18) earnings per share for the quarter. Nano-X Imaging had a negative net margin of 613.59% and a negative return on equity of 30.47%. The firm had revenue of $2.40 million during the quarter. Research analysts forecast that Nano-X Imaging Ltd. will post -0.91 earnings per share for the current fiscal year.

Nano-X Imaging Profile

Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode.