Lake Street Capital Lowers NANO DIMENSION/S (NNDM) to Hold

NANO DIMENSION/S (NASDAQ:NNDM) was downgraded by Lake Street Capital from a “buy” rating to a “hold” rating in a research note issued on Thursday, The Fly reports.

Separately, National Securities set a $7.00 target price on NANO DIMENSION/S and gave the company a “buy” rating in a report on Monday, November 19th.

Shares of NNDM stock traded down $0.12 during trading hours on Thursday, reaching $0.73. The company had a trading volume of 1,130,791 shares, compared to its average volume of 257,605. NANO DIMENSION/S has a 12 month low of $0.70 and a 12 month high of $3.35.

A hedge fund recently raised its stake in NANO DIMENSION/S stock. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of NANO DIMENSION/S (NASDAQ:NNDM) by 34.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 80,000 shares of the technology company’s stock after acquiring an additional 20,388 shares during the quarter. Harel Insurance Investments & Financial Services Ltd. owned approximately 0.43% of NANO DIMENSION/S worth $89,000 as of its most recent SEC filing. 4.27% of the stock is currently owned by hedge funds and other institutional investors.

About NANO DIMENSION/S

Nano Dimension Ltd., through its subsidiary, Nano Dimension Technologies Ltd., develops three-dimensional printed circuit board printers. The company offers DragonFly Pro precision system for additive manufacturing of printed electronics. It also develops conductive and dielectric ink, as well as provides Dragonfly and Switch software to manage design file and printing process.

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