AWM Investment Company Inc. Trims Stake in Nano Dimension Ltd. (NASDAQ:NNDM)

AWM Investment Company Inc. lowered its stake in Nano Dimension Ltd. (NASDAQ:NNDM - Free Report) by 37.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 556,123 shares of the technology company's stock after selling 326,500 shares during the period. AWM Investment Company Inc. owned approximately 0.26% of Nano Dimension worth $1,379,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. CSS LLC IL acquired a new position in Nano Dimension in the 4th quarter worth about $50,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Nano Dimension by 21.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 465,856 shares of the technology company's stock valued at $1,155,000 after acquiring an additional 82,667 shares during the period. Vident Advisory LLC boosted its position in shares of Nano Dimension by 113.9% during the 4th quarter. Vident Advisory LLC now owns 33,920 shares of the technology company's stock worth $84,000 after purchasing an additional 18,065 shares in the last quarter. Sphera Management Technology Funds Ltd acquired a new stake in Nano Dimension in the fourth quarter valued at approximately $1,121,000. Finally, Two Sigma Investments LP bought a new stake in Nano Dimension during the 4th quarter valued at $275,000. 33.89% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Nano Dimension Stock Down 2.5%

NNDM stock traded down $0.04 during midday trading on Monday, hitting $1.55. The company's stock had a trading volume of 887,132 shares, compared to its average volume of 1,614,644. Nano Dimension Ltd. has a 1 year low of $1.34 and a 1 year high of $2.74. The stock has a market cap of $329.31 million, a price-to-earnings ratio of -3.78 and a beta of 1.73. The stock's 50-day moving average price is $1.60 and its 200 day moving average price is $2.07.

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

Nano Dimension Company 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.