Alpine Global Management LLC Takes Position in Nano Dimension Ltd. (NASDAQ:NNDM)

Alpine Global Management LLC purchased a new stake in Nano Dimension Ltd. (NASDAQ:NNDM - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 858,113 shares of the technology company's stock, valued at approximately $2,128,000. Alpine Global Management LLC owned approximately 0.40% of Nano Dimension as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the business. Anson Funds Management LP increased its holdings in Nano Dimension by 3.1% in the 4th quarter. Anson Funds Management LP now owns 19,662,867 shares of the technology company's stock worth $48,764,000 after acquiring an additional 598,957 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Nano Dimension by 0.7% in the 4th quarter. Ameriprise Financial Inc. now owns 2,560,820 shares of the technology company's stock valued at $6,351,000 after buying an additional 17,700 shares in the last quarter. Arete Wealth Advisors LLC grew its position in Nano Dimension by 3.6% during the 4th quarter. Arete Wealth Advisors LLC now owns 914,559 shares of the technology company's stock worth $2,259,000 after purchasing an additional 32,025 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of 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 in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Nano Dimension by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 500,526 shares of the technology company's stock valued at $1,241,000 after buying an additional 4,870 shares in the last quarter. 33.89% of the stock is owned by institutional investors and hedge funds.

Nano Dimension Stock Performance

Shares of Nano Dimension stock traded down $0.01 on Wednesday, reaching $1.61. 601,084 shares of the company were exchanged, compared to its average volume of 1,611,691. Nano Dimension Ltd. has a 1-year low of $1.34 and a 1-year high of $2.74. The company's 50-day moving average is $1.58 and its two-hundred day moving average is $2.06. The firm has a market cap of $340.99 million, a price-to-earnings ratio of -3.91 and a beta of 1.73.

Nano Dimension (NASDAQ:NNDM - Get Free Report) last released its earnings results on Wednesday, April 30th. The technology company reported ($0.04) EPS for the quarter. Nano Dimension had a negative net margin of 152.86% and a negative return on equity of 9.57%. The company had revenue of $14.57 million for the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Nano Dimension from a "hold" rating to a "sell" rating in a report on Saturday.

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.