Zurcher Kantonalbank Zurich Cantonalbank Grows Position in Nano Dimension Ltd. (NASDAQ:NNDM)

Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Nano Dimension Ltd. (NASDAQ:NNDM) by 22.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,734 shares of the technology company’s stock after buying an additional 15,700 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Nano Dimension were worth $203,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in NNDM. Vanguard Personalized Indexing Management LLC purchased a new stake in Nano Dimension in the third quarter valued at approximately $29,000. Quadrature Capital Ltd acquired a new stake in shares of Nano Dimension in the third quarter worth $56,000. Quantbot Technologies LP purchased a new position in shares of Nano Dimension during the third quarter worth $63,000. Algert Global LLC acquired a new position in Nano Dimension during the third quarter valued at $124,000. Finally, Van ECK Associates Corp boosted its holdings in Nano Dimension by 6.3% in the third quarter. Van ECK Associates Corp now owns 86,304 shares of the technology company’s stock valued at $235,000 after purchasing an additional 5,143 shares during the last quarter. Hedge funds and other institutional investors own 33.89% of the company’s stock.

Nano Dimension Stock Performance

NASDAQ NNDM opened at $2.38 on Wednesday. The firm has a market capitalization of $505.65 million, a P/E ratio of -10.82 and a beta of 1.79. The stock has a 50-day simple moving average of $2.68 and a two-hundred day simple moving average of $2.53. Nano Dimension Ltd. has a fifty-two week low of $2.06 and a fifty-two week high of $3.35.

Nano Dimension (NASDAQ:NNDM) last announced its quarterly earnings results on Thursday, March 21st. The technology company reported ($0.01) earnings per share for the quarter. Nano Dimension had a negative net margin of 96.87% and a negative return on equity of 5.02%. The company had revenue of $14.45 million for 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.