Nano Dimension Ltd. (NASDAQ:NNDM) Shares Sold by Clearwater Capital Advisors LLC

Clearwater Capital Advisors LLC reduced its holdings in Nano Dimension Ltd. (NASDAQ:NNDM) by 11.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 34,311 shares of the technology company’s stock after selling 4,641 shares during the quarter. Clearwater Capital Advisors LLC’s holdings in Nano Dimension were worth $96,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of NNDM. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Nano Dimension by 22.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 84,734 shares of the technology company’s stock valued at $203,000 after buying an additional 15,700 shares during the period. Levin Capital Strategies L.P. purchased a new position in Nano Dimension in the 4th quarter valued at approximately $120,000. Swiss National Bank increased its stake in Nano Dimension by 5.1% in the 1st quarter. Swiss National Bank now owns 455,500 shares of the technology company’s stock valued at $1,269,000 after purchasing an additional 22,200 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC purchased a new position in Nano Dimension in the 1st quarter valued at approximately $631,000. 33.89% of the stock is owned by institutional investors and hedge funds.

Nano Dimension Stock Down 4.6 %

NASDAQ NNDM traded down $0.11 during mid-day trading on Thursday, hitting $2.29. The stock had a trading volume of 886,608 shares, compared to its average volume of 1,457,739. Nano Dimension Ltd. has a 52-week low of $2.06 and a 52-week high of $3.35. The company has a market cap of $486.53 million, a price-to-earnings ratio of -4.98 and a beta of 1.70. The company has a 50 day simple moving average of $2.45 and a 200 day simple moving average of $2.53.

Nano Dimension (NASDAQ:NNDM) last released its quarterly earnings data on Monday, June 3rd. The technology company reported ($0.15) earnings per share for the quarter. Nano Dimension had a negative net margin of 203.87% and a negative return on equity of 10.84%. The firm had revenue of $13.36 million during the quarter.

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.