Virtu Financial LLC Cuts Holdings in Nano-X Imaging Ltd. (NASDAQ:NNOX)

Virtu Financial LLC reduced its holdings in Nano-X Imaging Ltd. (NASDAQ:NNOX) by 55.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 12,990 shares of the company’s stock after selling 16,237 shares during the quarter. Virtu Financial LLC’s holdings in Nano-X Imaging were worth $79,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Tempus Wealth Planning LLC boosted its position in shares of Nano-X Imaging by 11.1% during the 2nd quarter. Tempus Wealth Planning LLC now owns 116,907 shares of the company’s stock worth $858,000 after purchasing an additional 11,692 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Nano-X Imaging by 7.6% in the second quarter. Bank of New York Mellon Corp now owns 185,167 shares of the company’s stock valued at $1,359,000 after purchasing an additional 13,085 shares during the period. Van ECK Associates Corp boosted its holdings in Nano-X Imaging by 14.1% during the second quarter. Van ECK Associates Corp now owns 22,293 shares of the company’s stock worth $164,000 after buying an additional 2,755 shares in the last quarter. Rhumbline Advisers grew its position in Nano-X Imaging by 3.9% during the second quarter. Rhumbline Advisers now owns 75,920 shares of the company’s stock worth $557,000 after buying an additional 2,818 shares during the period. Finally, The Manufacturers Life Insurance Company increased its holdings in Nano-X Imaging by 14.8% in the second quarter. The Manufacturers Life Insurance Company now owns 20,210 shares of the company’s stock valued at $148,000 after buying an additional 2,600 shares in the last quarter. 21.49% of the stock is currently owned by hedge funds and other institutional investors.

Nano-X Imaging Stock Down 2.1 %

Shares of NNOX stock opened at $6.57 on Friday. The stock has a market cap of $379.61 million, a P/E ratio of -7.73 and a beta of 2.02. Nano-X Imaging Ltd. has a fifty-two week low of $5.26 and a fifty-two week high of $14.28. The business has a fifty day simple moving average of $6.34 and a 200-day simple moving average of $6.81.

Wall Street Analysts Forecast Growth

Separately, Cantor Fitzgerald upped their price target on Nano-X Imaging from $11.00 to $12.00 and gave the stock an “overweight” rating in a report on Friday, December 6th.

Nano-X Imaging 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.