Point72 Asset Management L.P. Makes New $41,000 Investment in Nano Dimension Ltd. (NASDAQ:NNDM)

Point72 Asset Management L.P. purchased a new stake in Nano Dimension Ltd. (NASDAQ:NNDM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 16,878 shares of the technology company’s stock, valued at approximately $41,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NNDM. Clearline Capital LP increased its stake 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 valued at $10,269,000 after acquiring an additional 256,449 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Nano Dimension by 86.7% in the 3rd 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 purchasing an additional 177,951 shares during the period. ARK Investment Management LLC raised its holdings in shares of Nano Dimension by 2.2% in the 3rd quarter. ARK Investment Management LLC now owns 1,777,140 shares of the technology company’s stock worth $4,354,000 after buying an additional 37,579 shares in the last quarter. Susquehanna Fundamental Investments LLC lifted its position in shares of Nano Dimension by 15.3% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 261,022 shares of the technology company’s stock worth $574,000 after buying an additional 34,625 shares during the period. Finally, California State Teachers Retirement System boosted its stake in Nano Dimension by 10.7% in the 1st quarter. California State Teachers Retirement System now owns 234,586 shares of the technology company’s stock valued at $653,000 after buying an additional 22,580 shares in the last quarter. 33.89% of the stock is owned by institutional investors.

Nano Dimension Price Performance

Shares of NASDAQ:NNDM opened at $2.27 on Friday. The business’s fifty day moving average price is $2.25 and its two-hundred day moving average price is $2.29. Nano Dimension Ltd. has a fifty-two week low of $2.04 and a fifty-two week high of $3.01. The stock has a market capitalization of $482.28 million, a price-to-earnings ratio of -5.54 and a beta of 1.68.

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.