Walleye Trading LLC Makes New $159,000 Investment in Nano-X Imaging Ltd. (NASDAQ:NNOX)

Walleye Trading LLC acquired a new stake in Nano-X Imaging Ltd. (NASDAQ:NNOX) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 22,096 shares of the company’s stock, valued at approximately $159,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NNOX. Rhumbline Advisers raised its position in Nano-X Imaging by 2.4% in the fourth quarter. Rhumbline Advisers now owns 71,972 shares of the company’s stock worth $518,000 after purchasing an additional 1,655 shares in the last quarter. US Bancorp DE grew its stake in shares of Nano-X Imaging by 388.7% in the 4th quarter. US Bancorp DE now owns 3,470 shares of the company’s stock valued at $25,000 after purchasing an additional 2,760 shares during the period. Tidal Investments LLC raised its holdings in shares of Nano-X Imaging by 4.6% in the 3rd quarter. Tidal Investments LLC now owns 64,387 shares of the company’s stock worth $391,000 after buying an additional 2,846 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Nano-X Imaging by 20.6% during the 4th quarter. SG Americas Securities LLC now owns 24,661 shares of the company’s stock worth $178,000 after buying an additional 4,218 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in Nano-X Imaging by 3.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 132,298 shares of the company’s stock valued at $953,000 after buying an additional 5,017 shares in the last quarter. 21.49% of the stock is owned by institutional investors.

Nano-X Imaging Stock Up 4.8 %

NNOX opened at $4.98 on Wednesday. The stock has a market cap of $287.74 million, a P/E ratio of -5.86 and a beta of 2.03. Nano-X Imaging Ltd. has a 12 month low of $3.75 and a 12 month high of $11.00. The company has a fifty day simple moving average of $5.49 and a 200 day simple moving average of $6.45.

Nano-X Imaging (NASDAQ:NNOX) last posted its earnings results on Monday, March 31st. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.08). Nano-X Imaging had a negative net margin of 465.38% and a negative return on equity of 27.63%. The business had revenue of $3.00 million during the quarter, compared to analyst estimates of $3.80 million. On average, equities research analysts expect that Nano-X Imaging Ltd. will post -0.92 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Cantor Fitzgerald cut their price objective on Nano-X Imaging from $12.00 to $9.00 and set an “overweight” rating for the company in a report on Tuesday, April 1st. D. Boral Capital reissued a “buy” rating and set a $15.00 price objective on shares of Nano-X Imaging in a research note on Thursday, April 17th.

Nano-X Imaging Company Profile

Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode.