Fathom Digital Manufacturing (NYSE:FATH) Trading Down 0.4%

Fathom Digital Manufacturing Co. (NYSE:FATH)’s share price was down 0.4% during trading on Thursday . The company traded as low as $4.56 and last traded at $4.56. Approximately 637 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 5,949 shares. The stock had previously closed at $4.58.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reissued a “hold” rating on shares of Fathom Digital Manufacturing in a report on Wednesday, February 21st.

Fathom Digital Manufacturing Stock Performance

The firm has a 50 day moving average price of $4.50 and a 200-day moving average price of $4.41.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. raised its stake in Fathom Digital Manufacturing by 71.3% in the 1st quarter. BlackRock Inc. now owns 614,076 shares of the company’s stock valued at $334,000 after purchasing an additional 255,680 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Fathom Digital Manufacturing by 130.4% in the 1st quarter. Geode Capital Management LLC now owns 297,139 shares of the company’s stock valued at $161,000 after purchasing an additional 168,192 shares in the last quarter. Vanguard Group Inc. acquired a new position in shares of Fathom Digital Manufacturing in the 1st quarter valued at approximately $1,223,000. State Street Corp raised its position in shares of Fathom Digital Manufacturing by 4.0% in the 3rd quarter. State Street Corp now owns 111,228 shares of the company’s stock valued at $226,000 after purchasing an additional 4,262 shares in the last quarter. Finally, Northern Trust Corp raised its position in shares of Fathom Digital Manufacturing by 390.9% during the 2nd quarter. Northern Trust Corp now owns 81,558 shares of the company’s stock valued at $317,000 after acquiring an additional 64,945 shares in the last quarter. Institutional investors and hedge funds own 80.61% of the company’s stock.

About Fathom Digital Manufacturing

Fathom Digital Manufacturing Corporation, a digital manufacturing platform, provides product development and manufacturing services in North America. It provides plastic and metal additive technologies, computer numerical control machining, injection molding and tooling, precision sheet metal fabrication, design engineering, and catering services.