Virtu Financial LLC trimmed its position in shares of Nano-X Imaging Ltd. (NASDAQ:NNOX) by 81.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,451 shares of the company’s stock after selling 36,339 shares during the period. Virtu Financial LLC’s holdings in Nano-X Imaging were worth $386,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NNOX. Citigroup Inc. grew its holdings in Nano-X Imaging by 100.0% during the 4th quarter. Citigroup Inc. now owns 600 shares of the company’s stock worth $27,000 after acquiring an additional 300 shares in the last quarter. Public Employees Retirement Association of Colorado acquired a new position in Nano-X Imaging during the 4th quarter worth $44,000. Vestcor Inc acquired a new position in Nano-X Imaging during the 3rd quarter worth $78,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in Nano-X Imaging during the 4th quarter worth $87,000. Finally, Ausdal Financial Partners Inc. acquired a new position in Nano-X Imaging during the 4th quarter worth $244,000. 6.16% of the stock is owned by institutional investors and hedge funds.
NNOX has been the subject of several recent analyst reports. Zacks Investment Research raised shares of Nano-X Imaging from a “sell” rating to a “hold” rating in a report on Friday, February 5th. Cantor Fitzgerald reduced their price target on shares of Nano-X Imaging from $70.00 to $67.00 and set an “overweight” rating on the stock in a research report on Monday, February 1st.
Nano-X Imaging stock opened at $41.03 on Thursday. The firm’s 50-day moving average is $45.27 and its 200-day moving average is $46.10. Nano-X Imaging Ltd. has a 1 year low of $20.25 and a 1 year high of $94.81.
Nano-X Imaging (NASDAQ:NNOX) last issued its quarterly earnings data on Monday, March 1st. The company reported ($0.18) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.20) by $0.02. On average, research analysts expect that Nano-X Imaging Ltd. will post -0.94 earnings per share for the current year.
Nano-X Imaging Profile
Nano-X Imaging Ltd. engages in developing and producing X-ray source technology for the medical imaging industry in the United States. Its X-ray source is based on a novel digital microelectromechanical system semiconductor cathode. The company also develops a prototype of the Nanox.ARC, a medical imaging system incorporating its novel digital X-ray source; and Nanox.CLOUD, a companion cloud software that will allow for the delivery of medical screening as a service.
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