Vident Advisory LLC Increases Stake in Nano Dimension Ltd. $NNDM

Vident Advisory LLC boosted its position in shares of Nano Dimension Ltd. (NASDAQ:NNDM) by 63.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 55,511 shares of the technology company’s stock after purchasing an additional 21,591 shares during the quarter. Vident Advisory LLC’s holdings in Nano Dimension were worth $88,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its position in Nano Dimension by 717.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 12,831 shares of the technology company’s stock valued at $32,000 after purchasing an additional 11,261 shares during the last quarter. Raymond James Financial Inc. bought a new position in Nano Dimension during the 4th quarter valued at about $33,000. Kingswood Wealth Advisors LLC lifted its stake in Nano Dimension by 50.0% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 30,000 shares of the technology company’s stock valued at $47,000 after acquiring an additional 10,000 shares during the period. CSS LLC IL bought a new position in Nano Dimension during the 4th quarter valued at about $50,000. Finally, Graham Capital Management L.P. boosted its holdings in Nano Dimension by 76.3% in the fourth quarter. Graham Capital Management L.P. now owns 24,356 shares of the technology company’s stock worth $60,000 after purchasing an additional 10,539 shares during the last quarter. 33.89% of the stock is owned by hedge funds and other institutional investors.

Nano Dimension Trading Up 2.8%

NNDM opened at $1.47 on Friday. The company has a market cap of $319.40 million, a price-to-earnings ratio of -3.67 and a beta of 1.29. The company’s 50 day moving average is $1.44 and its 200 day moving average is $1.59. Nano Dimension Ltd. has a 12-month low of $1.31 and a 12-month high of $2.74.

Nano Dimension (NASDAQ:NNDM) last posted its quarterly earnings data on Thursday, June 12th. The technology company reported ($0.11) earnings per share (EPS) for the quarter. The business had revenue of $14.40 million during the quarter. Nano Dimension had a negative return on equity of 9.90% and a negative net margin of 144.35%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Nano Dimension from a “sell” rating to a “hold” rating in a report on Saturday, June 21st.

Nano Dimension Profile

Nano Dimension Ltd., together with its subsidiaries, engages in additive manufacturing solutions in Israel and internationally. The company offers 3D printers, comprising AME systems, which are inkjet printers, that produces Hi-PEDs by depositing proprietary conductive and dielectric substances, as well as integrates in-situ capacitors, antennas, coils, transformers, and electromechanical components; micro additive manufacturing systems, a digital light processing printers (DLP) that achieves production-grade polymer and composite parts; and industrial additive manufacturing systems, that utilizes a patented foil system that fabricates ceramic and metal parts.