Nano-X Imaging Ltd. (NASDAQ:NNOX) Shares Sold by Virtu Financial LLC

Virtu Financial LLC lessened its stake in Nano-X Imaging Ltd. (NASDAQ:NNOX) by 55.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,990 shares of the company’s stock after selling 16,237 shares during the period. Virtu Financial LLC’s holdings in Nano-X Imaging were worth $79,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new position in Nano-X Imaging during the third quarter worth approximately $25,000. Verition Fund Management LLC acquired a new position in shares of Nano-X Imaging in the 3rd quarter valued at $88,000. Creative Planning purchased a new stake in Nano-X Imaging in the 3rd quarter valued at $107,000. Intech Investment Management LLC acquired a new stake in Nano-X Imaging during the 3rd quarter worth $124,000. Finally, SG Americas Securities LLC purchased a new position in Nano-X Imaging during the 3rd quarter worth $124,000. Hedge funds and other institutional investors own 21.49% of the company’s stock.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald increased their target price on shares of 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 Trading Down 2.1 %

NASDAQ:NNOX opened at $6.57 on Friday. The stock’s 50 day simple moving average is $6.34 and its 200-day simple moving average is $6.81. Nano-X Imaging Ltd. has a 12-month low of $5.26 and a 12-month high of $14.28. The firm has a market cap of $379.61 million, a P/E ratio of -7.73 and a beta of 2.02.

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.