SBI Securities Co. Ltd. Acquires Shares of 26,978 Nano-X Imaging Ltd. (NASDAQ:NNOX)

SBI Securities Co. Ltd. bought a new position in Nano-X Imaging Ltd. (NASDAQ:NNOX) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 26,978 shares of the company’s stock, valued at approximately $194,000.

A number of other institutional investors have also made changes to their positions in NNOX. Barclays PLC grew its position in shares of Nano-X Imaging by 258.5% during the 3rd quarter. Barclays PLC now owns 86,181 shares of the company’s stock valued at $523,000 after buying an additional 62,140 shares during the last quarter. ARK Investment Management LLC grew its holdings in shares of Nano-X Imaging by 19.0% during the fourth quarter. ARK Investment Management LLC now owns 300,757 shares of the company’s stock valued at $2,165,000 after purchasing an additional 48,124 shares during the last quarter. State Street Corp raised its position in shares of Nano-X Imaging by 2.1% during the 3rd quarter. State Street Corp now owns 983,305 shares of the company’s stock worth $5,978,000 after purchasing an additional 20,279 shares during the period. Verition Fund Management LLC acquired a new stake in Nano-X Imaging in the third quarter worth $88,000. Finally, Creative Planning acquired a new stake in shares of Nano-X Imaging in the 3rd quarter worth about $107,000. 21.49% of the stock is currently owned by institutional investors.

Nano-X Imaging Price Performance

Shares of NNOX opened at $6.12 on Friday. The company has a 50-day moving average of $7.45 and a two-hundred day moving average of $6.74. The stock has a market cap of $353.61 million, a price-to-earnings ratio of -7.20 and a beta of 1.99. Nano-X Imaging Ltd. has a one year low of $5.27 and a one year high of $12.28.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on NNOX shares. D. Boral Capital restated a “buy” rating and set a $23.00 price objective on shares of Nano-X Imaging in a research note on Tuesday, February 25th. Cantor Fitzgerald raised their price objective on Nano-X Imaging from $11.00 to $12.00 and gave the stock an “overweight” rating in a research note on Friday, December 6th.

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.