Northern Trust Corp Buys 266,081 Shares of Nano Dimension Ltd. (NASDAQ:NNDM)

Northern Trust Corp grew its position in Nano Dimension Ltd. (NASDAQ:NNDM - Free Report) by 622.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 308,820 shares of the technology company's stock after purchasing an additional 266,081 shares during the quarter. Northern Trust Corp owned approximately 0.15% of Nano Dimension worth $766,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of NNDM. Alpine Global Management LLC acquired a new position in shares of Nano Dimension during the 4th quarter valued at $2,128,000. Renaissance Technologies LLC raised 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 purchasing an additional 497,600 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Nano Dimension in the fourth quarter valued at about $1,036,000. Virtu Financial LLC purchased a new stake in shares of Nano Dimension in the fourth quarter valued at about $228,000. Finally, Levin Capital Strategies L.P. purchased a new stake in Nano Dimension during the fourth quarter worth about $174,000. Institutional investors and hedge funds own 33.89% of the company's stock.

Analyst Ratings Changes

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

Nano Dimension Stock Performance

NASDAQ:NNDM remained flat at $1.55 on Tuesday. 1,071,284 shares of the company's stock were exchanged, compared to its average volume of 1,612,057. The firm has a market capitalization of $336.79 million, a price-to-earnings ratio of -3.78 and a beta of 1.73. Nano Dimension Ltd. has a 12-month low of $1.34 and a 12-month high of $2.74. The company has a 50 day moving average of $1.54 and a two-hundred day moving average of $2.04.

Nano Dimension (NASDAQ:NNDM - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $14.57 million during the quarter.

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.