State Street Corp Has $5.98 Million Position in Nano-X Imaging Ltd. (NASDAQ:NNOX)

State Street Corp increased its holdings in Nano-X Imaging Ltd. (NASDAQ:NNOX) by 2.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 983,305 shares of the company’s stock after purchasing an additional 20,279 shares during the quarter. State Street Corp owned approximately 1.70% of Nano-X Imaging worth $5,978,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of NNOX. Bank of New York Mellon Corp boosted its position in Nano-X Imaging by 7.6% during the second quarter. Bank of New York Mellon Corp now owns 185,167 shares of the company’s stock valued at $1,359,000 after acquiring an additional 13,085 shares during the last quarter. Van ECK Associates Corp grew its position in Nano-X Imaging by 14.1% in the 2nd quarter. Van ECK Associates Corp now owns 22,293 shares of the company’s stock valued at $164,000 after purchasing an additional 2,755 shares during the period. Rhumbline Advisers lifted its position in Nano-X Imaging by 3.9% in the 2nd quarter. Rhumbline Advisers now owns 75,920 shares of the company’s stock valued at $557,000 after acquiring an additional 2,818 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Nano-X Imaging by 14.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 20,210 shares of the company’s stock valued at $148,000 after acquiring an additional 2,600 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Nano-X Imaging in the 3rd quarter valued at about $124,000. 21.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Cantor Fitzgerald upped their price objective on Nano-X Imaging from $11.00 to $12.00 and gave the company an “overweight” rating in a research note on Friday, December 6th.

Nano-X Imaging Trading Up 0.8 %

Shares of NNOX opened at $7.59 on Friday. The stock has a 50-day moving average price of $6.47 and a 200-day moving average price of $6.78. The company has a market cap of $438.54 million, a PE ratio of -8.93 and a beta of 2.02. Nano-X Imaging Ltd. has a 12-month low of $5.26 and a 12-month high of $14.28.

Nano-X Imaging Profile

Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode.