GAMMA Investing LLC Acquires 10,906 Shares of Nano Dimension Ltd. $NNDM

GAMMA Investing LLC grew its holdings in shares of Nano Dimension Ltd. (NASDAQ:NNDM) by 115.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,336 shares of the technology company’s stock after buying an additional 10,906 shares during the quarter. GAMMA Investing LLC’s holdings in Nano Dimension were worth $33,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of NNDM. Immersion Corp bought a new position in shares of Nano Dimension during the first quarter valued at approximately $2,159,000. Y Intercept Hong Kong Ltd bought a new position in shares of Nano Dimension during the first quarter valued at approximately $842,000. MYDA Advisors LLC grew its stake in shares of Nano Dimension by 1,644.6% during the first quarter. MYDA Advisors LLC now owns 440,000 shares of the technology company’s stock valued at $700,000 after buying an additional 414,779 shares during the last quarter. Clearline Capital LP grew its stake in shares of Nano Dimension by 3.9% during the first quarter. Clearline Capital LP now owns 4,170,385 shares of the technology company’s stock valued at $6,631,000 after buying an additional 157,136 shares during the last quarter. Finally, Two Sigma Investments LP bought a new position in shares of Nano Dimension during the fourth quarter valued at approximately $275,000. Institutional investors own 33.89% of the company’s stock.

Nano Dimension Stock Up 1.9%

Nano Dimension stock opened at $1.60 on Monday. The business has a fifty day moving average of $1.43 and a two-hundred day moving average of $1.51. The firm has a market cap of $349.38 million, a P/E ratio of -1.55 and a beta of 1.64. Nano Dimension Ltd. has a twelve month low of $1.31 and a twelve month high of $2.74.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NNDM. Weiss Ratings reiterated a “sell (d)” rating on shares of Nano Dimension in a report on Saturday, September 27th. Wall Street Zen raised Nano Dimension from a “sell” rating to a “hold” rating in a research note on Saturday, June 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

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.