Bard Associates Inc. Cuts Stock Holdings in Nano Dimension Ltd. (NASDAQ:NNDM)

Bard Associates Inc. decreased its stake in shares of Nano Dimension Ltd. (NASDAQ:NNDM) by 18.4% during the third quarter, Holdings Channel reports. The firm owned 102,000 shares of the technology company’s stock after selling 23,000 shares during the quarter. Bard Associates Inc.’s holdings in Nano Dimension were worth $250,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Swiss National Bank lifted its position in Nano Dimension by 5.1% during the first 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 during the period. Tidal Investments LLC raised its position in Nano Dimension by 725.7% in the first quarter. Tidal Investments LLC now owns 239,519 shares of the technology company’s stock worth $667,000 after acquiring an additional 210,510 shares during the period. Clearline Capital LP raised its position in Nano Dimension by 5.8% in the second quarter. Clearline Capital LP now owns 4,667,921 shares of the technology company’s stock worth $10,269,000 after acquiring an additional 256,449 shares during the period. Virtu Financial LLC bought a new position in Nano Dimension in the first quarter worth approximately $42,000. Finally, Shell Asset Management Co. bought a new position in Nano Dimension in the first quarter worth approximately $882,000. Institutional investors own 33.89% of the company’s stock.

Nano Dimension Trading Down 3.7 %

NNDM opened at $2.09 on Friday. Nano Dimension Ltd. has a 1-year low of $2.04 and a 1-year high of $3.01. The company has a market capitalization of $444.04 million, a PE ratio of -3.37 and a beta of 1.67. The firm’s 50 day simple moving average is $2.27 and its two-hundred day simple moving average is $2.33.

Nano Dimension (NASDAQ:NNDM) last announced its quarterly earnings data on Tuesday, August 20th. The technology company reported ($0.20) EPS for the quarter. The firm had revenue of $14.99 million for the quarter. Nano Dimension had a negative net margin of 266.36% and a negative return on equity of 15.26%.

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.