Commonwealth Equity Services LLC Sells 231,915 Shares of Nano Dimension Ltd. (NASDAQ:NNDM)

Commonwealth Equity Services LLC lowered its holdings in Nano Dimension Ltd. (NASDAQ:NNDM) by 39.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 353,252 shares of the technology company’s stock after selling 231,915 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Nano Dimension were worth $777,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Murchinson Ltd. increased its holdings in Nano Dimension by 23.9% during the 1st quarter. Murchinson Ltd. now owns 15,550,000 shares of the technology company’s stock worth $43,307,000 after acquiring an additional 3,000,000 shares during the period. Swiss National Bank increased its holdings in Nano Dimension by 5.1% during the 1st quarter. Swiss National Bank now owns 455,500 shares of the technology company’s stock worth $1,269,000 after acquiring an additional 22,200 shares during the period. Shell Asset Management Co. bought a new stake in Nano Dimension during the 1st quarter worth approximately $882,000. Tidal Investments LLC increased its holdings in Nano Dimension by 725.7% during the 1st 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. Finally, California State Teachers Retirement System increased its holdings in Nano Dimension by 10.7% during the 1st quarter. California State Teachers Retirement System now owns 234,586 shares of the technology company’s stock worth $653,000 after acquiring an additional 22,580 shares during the period. Institutional investors own 33.89% of the company’s stock.

Nano Dimension Trading Up 2.8 %

Nano Dimension stock opened at $2.20 on Thursday. The firm’s 50 day simple moving average is $2.23 and its 200 day simple moving average is $2.44. The firm has a market capitalization of $467.40 million, a PE ratio of -4.78 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 (NASDAQ:NNDM) last posted its earnings results on Tuesday, August 20th. The technology company reported ($0.20) earnings per share for the quarter. The firm had revenue of $14.99 million for the quarter. Nano Dimension had a negative return on equity of 14.80% and a negative net margin of 266.36%.

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.