Tactive Advisors LLC Has $76,000 Stock Position in Nano Dimension Ltd. $NNDM

Tactive Advisors LLC reduced its holdings in shares of Nano Dimension Ltd. (NASDAQ:NNDM) by 90.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,429 shares of the technology company’s stock after selling 517,761 shares during the quarter. Tactive Advisors LLC’s holdings in Nano Dimension were worth $76,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NNDM. Invesco Ltd. acquired a new position in Nano Dimension during the first quarter worth $63,000. Cubist Systematic Strategies LLC acquired a new stake in Nano Dimension in the 1st quarter valued at $130,000. Rhumbline Advisers increased its stake in Nano Dimension by 87.1% in the 1st quarter. Rhumbline Advisers now owns 40,587 shares of the technology company’s stock valued at $65,000 after buying an additional 18,889 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Nano Dimension by 11,544.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 143,458 shares of the technology company’s stock worth $232,000 after buying an additional 142,226 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in Nano Dimension by 444.1% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 283,105 shares of the technology company’s stock worth $459,000 after buying an additional 231,069 shares in the last quarter. 33.89% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Nano Dimension in a report on Monday, July 6th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Nano Dimension has an average rating of “Sell”.

Nano Dimension Stock Performance

NASDAQ NNDM opened at $1.63 on Monday. Nano Dimension Ltd. has a 12 month low of $1.19 and a 12 month high of $2.32. The stock has a 50 day moving average of $1.49 and a 200-day moving average of $1.68. The company has a market cap of $346.31 million, a PE ratio of -3.70 and a beta of 1.01.

Nano Dimension (NASDAQ:NNDM) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.04. Nano Dimension had a negative net margin of 135.18% and a negative return on equity of 24.17%. The firm had revenue of $28.96 million for the quarter, compared to analyst estimates of $5.50 million.

Nano Dimension Company Profile

Nano Dimension Ltd. (NASDAQ: NNDM) is a provider of advanced additive manufacturing solutions tailored for the electronics industry. Founded in 2012 and headquartered in Ness Ziona, Israel, the company develops integrated hardware, software and material platforms designed to accelerate the design and production of printed circuit boards (PCBs) and conformal electronic devices. Its flagship DragonFly printers use patented inkjet-based 3D printing technology to produce multi-layer PCB prototypes in a single build process, reducing lead times and enabling rapid design iterations.

In addition to its 3D printing systems, Nano Dimension offers a suite of proprietary conductive and dielectric inks, as well as workflow software that connects designers, engineers and manufacturers.