Alpine Global Management LLC Purchases Shares of 858,113 Nano Dimension Ltd. (NASDAQ:NNDM)

Alpine Global Management LLC purchased a new position in Nano Dimension Ltd. (NASDAQ:NNDM - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 858,113 shares of the technology company's stock, valued at approximately $2,128,000. Alpine Global Management LLC owned about 0.40% of Nano Dimension at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of NNDM. Renaissance Technologies LLC lifted its holdings in Nano Dimension by 606.8% in the fourth quarter. Renaissance Technologies LLC now owns 579,600 shares of the technology company's stock valued at $1,437,000 after acquiring an additional 497,600 shares during the period. Jane Street Group LLC increased its position in shares of Nano Dimension by 104.0% during the 3rd quarter. Jane Street Group LLC now owns 379,625 shares of the technology company's stock valued at $930,000 after purchasing an additional 193,546 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Nano Dimension in the 4th quarter worth approximately $228,000. Levin Capital Strategies L.P. purchased a new position in shares of Nano Dimension in the fourth quarter worth approximately $174,000. Finally, XTX Topco Ltd bought a new stake in Nano Dimension during the fourth quarter valued at approximately $123,000. 33.89% of the stock is currently owned by hedge funds and other institutional investors.

Nano Dimension Trading Up 6.5 %

NNDM stock traded up $0.10 during midday trading on Friday, reaching $1.65. 3,271,266 shares of the company's stock traded hands, compared to its average volume of 1,597,477. Nano Dimension Ltd. has a 52-week low of $1.34 and a 52-week high of $2.75. The stock has a market cap of $350.55 million, a P/E ratio of -4.02 and a beta of 1.42. The stock's 50-day moving average is $1.84 and its 200 day moving average is $2.17.

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.