Barclays PLC Has $523,000 Stake in Nano-X Imaging Ltd. (NASDAQ:NNOX)

Barclays PLC grew its stake in Nano-X Imaging Ltd. (NASDAQ:NNOX - Free Report) by 258.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,181 shares of the company's stock after purchasing an additional 62,140 shares during the period. Barclays PLC owned about 0.15% of Nano-X Imaging worth $523,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in NNOX. Geode Capital Management LLC increased its holdings in Nano-X Imaging by 2.2% in the 3rd quarter. Geode Capital Management LLC now owns 677,853 shares of the company's stock worth $4,121,000 after purchasing an additional 14,560 shares in the last quarter. State Street Corp grew its holdings in shares of Nano-X Imaging by 2.1% during the third 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 last quarter. Verition Fund Management LLC acquired a new position in shares of Nano-X Imaging in the third quarter valued at approximately $88,000. Intech Investment Management LLC bought a new position in Nano-X Imaging in the 3rd quarter valued at approximately $124,000. Finally, ARK Investment Management LLC boosted its position in Nano-X Imaging by 5.2% during the 3rd quarter. ARK Investment Management LLC now owns 252,633 shares of the company's stock worth $1,536,000 after buying an additional 12,408 shares during the period. 21.49% of the stock is owned by institutional investors.

Nano-X Imaging Stock Performance

Shares of NASDAQ:NNOX traded up $0.07 during trading on Friday, reaching $8.41. The stock had a trading volume of 3,675,508 shares, compared to its average volume of 3,592,340. Nano-X Imaging Ltd. has a 52 week low of $5.26 and a 52 week high of $14.28. The firm's fifty day moving average is $7.21 and its 200 day moving average is $6.90. The stock has a market cap of $485.93 million, a price-to-earnings ratio of -9.89 and a beta of 1.97.

Analyst Ratings Changes

Several equities analysts have issued reports on NNOX shares. Cantor Fitzgerald upped their price target on shares of Nano-X Imaging from $11.00 to $12.00 and gave the company an "overweight" rating in a research report on Friday, December 6th. D. Boral Capital started coverage on Nano-X Imaging in a research report on Monday, January 6th. They issued a "buy" rating and a $23.00 price target on the stock.

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.