Mitsubishi UFJ Asset Management Co. Ltd. Grows Stock Position in Nano Dimension Ltd. $NNDM

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Nano Dimension Ltd. (NASDAQ:NNDM) by 96.4% during the second quarter, Holdings Channel reports. The institutional investor owned 656,138 shares of the technology company’s stock after buying an additional 322,028 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Nano Dimension were worth $1,063,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of Nano Dimension by 115.7% during the 2nd quarter. GAMMA Investing LLC now owns 20,336 shares of the technology company’s stock worth $33,000 after acquiring an additional 10,906 shares during the period. Invesco Ltd. purchased a new stake in Nano Dimension in the first quarter valued at approximately $63,000. Rhumbline Advisers increased its position in 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 purchasing an additional 18,889 shares during the last quarter. Vident Advisory LLC increased its position in Nano Dimension by 63.7% during the first quarter. Vident Advisory LLC now owns 55,511 shares of the technology company’s stock worth $88,000 after purchasing an additional 21,591 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in Nano Dimension during the first quarter worth approximately $130,000. Institutional investors and hedge funds own 33.89% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Nano Dimension in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Nano Dimension Stock Performance

NNDM opened at $1.54 on Friday. Nano Dimension Ltd. has a 1 year low of $1.31 and a 1 year high of $2.74. The firm has a 50 day moving average price of $1.62 and a 200 day moving average price of $1.54. The company has a market cap of $336.28 million, a PE ratio of -1.50 and a beta of 1.69.

About Nano Dimension

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.