Tactive Advisors LLC acquired a new position in Nano Dimension Ltd. (NASDAQ:NNDM – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 688,501 shares of the technology company’s stock, valued at approximately $1,115,000. Tactive Advisors LLC owned approximately 0.32% of Nano Dimension as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also bought and sold shares of NNDM. Tidal Investments LLC lifted its position in Nano Dimension by 39.8% during the second quarter. Tidal Investments LLC now owns 268,324 shares of the technology company’s stock valued at $435,000 after purchasing an additional 76,407 shares during the period. Man Group plc raised its stake in Nano Dimension by 25.3% during the 2nd quarter. Man Group plc now owns 714,134 shares of the technology company’s stock valued at $1,157,000 after buying an additional 144,274 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Nano Dimension by 7.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,849,742 shares of the technology company’s stock valued at $4,617,000 after buying an additional 204,120 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Nano Dimension during the 2nd quarter valued at $70,000. Finally, Immersion Corp boosted its stake in shares of Nano Dimension by 343.3% in the 2nd quarter. Immersion Corp now owns 6,020,142 shares of the technology company’s stock worth $9,753,000 after buying an additional 4,662,090 shares during the last quarter. Hedge funds and other institutional investors own 33.89% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts recently commented on NNDM shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Nano Dimension in a report on Wednesday, October 8th. Wall Street Zen cut shares of Nano Dimension from a “hold” rating to a “sell” rating in a report on Saturday, November 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.
Nano Dimension Trading Down 0.6%
Shares of NASDAQ:NNDM opened at $1.77 on Friday. The stock has a 50 day moving average of $1.70 and a 200 day moving average of $1.55. The company has a market cap of $383.97 million, a PE ratio of -1.45 and a beta of 0.88. Nano Dimension Ltd. has a 12-month low of $1.31 and a 12-month high of $2.74.
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.
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