Goldman Sachs Group Inc. cut its position in Nano Dimension Ltd. (NASDAQ:NNDM – Free Report) by 26.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 407,364 shares of the technology company’s stock after selling 146,269 shares during the period. Goldman Sachs Group Inc. owned about 0.19% of Nano Dimension worth $648,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Kingswood Wealth Advisors LLC raised its holdings in Nano Dimension by 50.0% in the first quarter. Kingswood Wealth Advisors LLC now owns 30,000 shares of the technology company’s stock worth $47,000 after purchasing an additional 10,000 shares during the period. Invesco Ltd. acquired a new stake in Nano Dimension in the first quarter worth $63,000. Rhumbline Advisers increased its position in shares of Nano Dimension by 87.1% during the first quarter. Rhumbline Advisers now owns 40,587 shares of the technology company’s stock worth $65,000 after acquiring an additional 18,889 shares in the last quarter. Vident Advisory LLC increased its position in shares of Nano Dimension by 113.9% during the fourth quarter. Vident Advisory LLC now owns 33,920 shares of the technology company’s stock worth $84,000 after acquiring an additional 18,065 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Nano Dimension during the first quarter worth $130,000. 33.89% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised shares of Nano Dimension from a “sell” rating to a “hold” rating in a research report on Saturday, June 21st.
Nano Dimension Trading Up 1.9%
Nano Dimension stock opened at $1.59 on Thursday. The company has a market cap of $345.48 million, a P/E ratio of -1.54 and a beta of 1.29. Nano Dimension Ltd. has a 1-year low of $1.31 and a 1-year high of $2.74. The company has a fifty day simple moving average of $1.42 and a 200 day simple moving average of $1.55.
Nano Dimension Company 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.
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