Taylor Frigon Capital Management LLC Sells 72,418 Shares of Nano Dimension Ltd. (NASDAQ:NNDM)

Taylor Frigon Capital Management LLC lowered its position in Nano Dimension Ltd. (NASDAQ:NNDM) by 9.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 675,516 shares of the technology company’s stock after selling 72,418 shares during the quarter. Taylor Frigon Capital Management LLC’s holdings in Nano Dimension were worth $1,675,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Orion Portfolio Solutions LLC acquired a new stake in Nano Dimension in the 3rd quarter valued at about $25,000. GAMMA Investing LLC raised its stake in Nano Dimension by 192.5% in the fourth quarter. GAMMA Investing LLC now owns 15,941 shares of the technology company’s stock valued at $40,000 after buying an additional 10,492 shares during the period. Point72 Asset Management L.P. acquired a new stake in shares of Nano Dimension in the third quarter valued at approximately $41,000. Blue Trust Inc. boosted its stake in shares of Nano Dimension by 188.6% during the 4th quarter. Blue Trust Inc. now owns 18,862 shares of the technology company’s stock worth $47,000 after acquiring an additional 12,326 shares during the period. Finally, Kingswood Wealth Advisors LLC acquired a new position in shares of Nano Dimension during the 4th quarter worth approximately $50,000. Institutional investors own 33.89% of the company’s stock.

Nano Dimension Stock Performance

NNDM opened at $2.20 on Thursday. The stock’s fifty day simple moving average is $2.43 and its 200 day simple moving average is $2.31. Nano Dimension Ltd. has a 1-year low of $2.04 and a 1-year high of $3.01. The stock has a market cap of $467.40 million, a PE ratio of -5.37 and a beta of 1.62.

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.