Nano Dimension Ltd. (NASDAQ:NNDM) Shares Acquired by Renaissance Technologies LLC

Renaissance Technologies LLC increased its holdings in Nano Dimension Ltd. (NASDAQ:NNDM - Free Report) by 606.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 579,600 shares of the technology company's stock after acquiring an additional 497,600 shares during the period. Renaissance Technologies LLC owned approximately 0.27% of Nano Dimension worth $1,437,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Arete Wealth Advisors LLC increased its position in shares of Nano Dimension by 3.6% during the fourth quarter. Arete Wealth Advisors LLC now owns 914,559 shares of the technology company's stock valued at $2,259,000 after acquiring an additional 32,025 shares during the last quarter. Geode Capital Management LLC increased its holdings in Nano Dimension by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 500,526 shares of the technology company's stock valued at $1,241,000 after purchasing an additional 4,870 shares during the last quarter. Headlands Technologies LLC raised its position in Nano Dimension by 11,600.8% in the fourth quarter. Headlands Technologies LLC now owns 15,211 shares of the technology company's stock valued at $38,000 after purchasing an additional 15,081 shares during the period. EntryPoint Capital LLC lifted its stake in Nano Dimension by 128.2% during the fourth quarter. EntryPoint Capital LLC now owns 66,649 shares of the technology company's stock worth $165,000 after purchasing an additional 37,439 shares in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in Nano Dimension during the fourth quarter worth $77,000. Institutional investors and hedge funds own 33.89% of the company's stock.

Nano Dimension Stock Performance

Shares of NASDAQ NNDM traded up $0.02 during trading on Friday, reaching $1.63. The stock had a trading volume of 1,021,291 shares, compared to its average volume of 1,613,336. The business's 50-day moving average price is $1.77 and its 200-day moving average price is $2.14. Nano Dimension Ltd. has a fifty-two week low of $1.34 and a fifty-two week high of $2.75. The company has a market cap of $346.30 million, a P/E ratio of -3.98 and a beta of 1.73.

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

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.