Peapod Lane Capital LLC Has $2.41 Million Stake in Nano Dimension Ltd. $NNDM

Peapod Lane Capital LLC raised its holdings in Nano Dimension Ltd. (NASDAQ:NNDM) by 116.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,535,025 shares of the technology company’s stock after purchasing an additional 825,713 shares during the quarter. Nano Dimension makes up about 2.2% of Peapod Lane Capital LLC’s investment portfolio, making the stock its 14th largest position. Peapod Lane Capital LLC owned approximately 0.70% of Nano Dimension worth $2,411,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. QRG Capital Management Inc. increased its stake in shares of Nano Dimension by 83.1% in the third quarter. QRG Capital Management Inc. now owns 23,544 shares of the technology company’s stock valued at $37,000 after buying an additional 10,683 shares in the last quarter. SG Americas Securities LLC bought a new stake in Nano Dimension during the 3rd quarter worth about $48,000. Invesco Ltd. acquired a new stake in Nano Dimension in the 1st quarter valued at about $63,000. Daiwa Securities Group Inc. raised its stake in shares of Nano Dimension by 188.2% in the second quarter. Daiwa Securities Group Inc. now owns 38,893 shares of the technology company’s stock worth $63,000 after acquiring an additional 25,397 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in shares of Nano Dimension by 87.1% in the first quarter. Rhumbline Advisers now owns 40,587 shares of the technology company’s stock worth $65,000 after acquiring an additional 18,889 shares during the last quarter. Institutional investors and hedge funds own 33.89% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on NNDM shares. Wall Street Zen raised shares of Nano Dimension from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Weiss Ratings reiterated a “sell (d)” rating on shares of Nano Dimension in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Nano Dimension currently has an average rating of “Sell”.

Nano Dimension Stock Performance

NNDM opened at $2.00 on Monday. The company has a fifty day moving average price of $1.80 and a two-hundred day moving average price of $1.66. The firm has a market capitalization of $420.68 million, a PE ratio of -1.64 and a beta of 0.91. Nano Dimension Ltd. has a 52 week low of $1.31 and a 52 week high of $2.34.

Nano Dimension Company Profile

Nano Dimension Ltd. (NASDAQ: NNDM) is a provider of advanced additive manufacturing solutions tailored for the electronics industry. Founded in 2012 and headquartered in Ness Ziona, Israel, the company develops integrated hardware, software and material platforms designed to accelerate the design and production of printed circuit boards (PCBs) and conformal electronic devices. Its flagship DragonFly printers use patented inkjet-based 3D printing technology to produce multi-layer PCB prototypes in a single build process, reducing lead times and enabling rapid design iterations.

In addition to its 3D printing systems, Nano Dimension offers a suite of proprietary conductive and dielectric inks, as well as workflow software that connects designers, engineers and manufacturers.