Geode Capital Management LLC Cuts Stake in Nano Dimension Ltd. (NASDAQ:NNDM)

Geode Capital Management LLC trimmed its stake in Nano Dimension Ltd. (NASDAQ:NNDM) by 1.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 495,656 shares of the technology company’s stock after selling 5,305 shares during the quarter. Geode Capital Management LLC owned about 0.23% of Nano Dimension worth $1,214,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of NNDM. Clearline Capital LP grew its stake in shares of Nano Dimension by 5.8% during the 2nd quarter. Clearline Capital LP now owns 4,667,921 shares of the technology company’s stock valued at $10,269,000 after buying an additional 256,449 shares during the period. Jane Street Group LLC boosted its holdings in Nano Dimension by 104.0% in the third quarter. Jane Street Group LLC now owns 379,625 shares of the technology company’s stock valued at $930,000 after acquiring an additional 193,546 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Nano Dimension by 86.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 383,189 shares of the technology company’s stock valued at $939,000 after acquiring an additional 177,951 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in Nano Dimension during the third quarter worth about $158,000. Finally, Barclays PLC raised its holdings in shares of Nano Dimension by 3,479.1% in the 3rd quarter. Barclays PLC now owns 40,301 shares of the technology company’s stock worth $99,000 after purchasing an additional 39,175 shares during the period. Institutional investors and hedge funds own 33.89% of the company’s stock.

Nano Dimension Stock Performance

Shares of NASDAQ:NNDM opened at $2.33 on Friday. The stock has a 50-day simple moving average of $2.31 and a 200-day simple moving average of $2.29. The stock has a market capitalization of $495.02 million, a P/E ratio of -5.68 and a beta of 1.65. Nano Dimension Ltd. has a 1 year low of $2.04 and a 1 year high of $3.01.

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.