Barclays PLC Buys 62,140 Shares of Nano-X Imaging Ltd. (NASDAQ:NNOX)

Barclays PLC raised its stake in shares of Nano-X Imaging Ltd. (NASDAQ:NNOX) by 258.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 86,181 shares of the company’s stock after buying an additional 62,140 shares during the quarter. Barclays PLC owned about 0.15% of Nano-X Imaging worth $523,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. State Street Corp grew its holdings in Nano-X Imaging by 2.1% during the third quarter. State Street Corp now owns 983,305 shares of the company’s stock valued at $5,978,000 after purchasing an additional 20,279 shares during the period. Verition Fund Management LLC acquired a new position in shares of Nano-X Imaging in the 3rd quarter valued at $88,000. Intech Investment Management LLC bought a new stake in shares of Nano-X Imaging in the 3rd quarter valued at $124,000. ARK Investment Management LLC increased its position in shares of Nano-X Imaging by 5.2% in the 3rd quarter. ARK Investment Management LLC now owns 252,633 shares of the company’s stock valued at $1,536,000 after buying an additional 12,408 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new stake in Nano-X Imaging during the 3rd quarter worth $25,000. 21.49% of the stock is owned by institutional investors.

Nano-X Imaging Stock Performance

Shares of NNOX stock opened at $8.87 on Friday. Nano-X Imaging Ltd. has a 52 week low of $5.26 and a 52 week high of $14.28. The company’s 50 day moving average price is $6.56 and its two-hundred day moving average price is $6.77. The company has a market capitalization of $512.50 million, a P/E ratio of -10.44 and a beta of 2.02.

Analyst Upgrades and Downgrades

Separately, Cantor Fitzgerald increased their price target on Nano-X Imaging from $11.00 to $12.00 and gave the stock an “overweight” rating in a report on Friday, December 6th.

Nano-X Imaging Company 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.