Renaissance Technologies LLC Has $1.34 Million Position in Kornit Digital Ltd. $KRNT

Renaissance Technologies LLC raised its stake in Kornit Digital Ltd. (NASDAQ:KRNT) by 44.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 91,500 shares of the industrial products company’s stock after buying an additional 28,200 shares during the period. Renaissance Technologies LLC owned about 0.20% of Kornit Digital worth $1,341,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in KRNT. Van ECK Associates Corp raised its position in shares of Kornit Digital by 6.9% during the fourth quarter. Van ECK Associates Corp now owns 12,742 shares of the industrial products company’s stock worth $183,000 after acquiring an additional 820 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in Kornit Digital by 11.9% in the fourth quarter. Public Employees Retirement System of Ohio now owns 12,200 shares of the industrial products company’s stock valued at $175,000 after acquiring an additional 1,300 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Kornit Digital in the second quarter valued at approximately $31,000. State of Tennessee Department of Treasury bought a new stake in Kornit Digital in the second quarter valued at approximately $35,000. Finally, CIBC Private Wealth Group LLC increased its position in Kornit Digital by 1,359.8% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,927 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 1,795 shares during the period. Institutional investors own 92.76% of the company’s stock.

Kornit Digital Price Performance

Shares of Kornit Digital stock opened at $17.85 on Friday. The stock’s 50-day moving average is $15.93 and its 200 day moving average is $15.44. Kornit Digital Ltd. has a one year low of $11.93 and a one year high of $19.78. The firm has a market cap of $767.01 million, a price-to-earnings ratio of -37.19 and a beta of 1.72.

Kornit Digital (NASDAQ:KRNT) last issued its earnings results on Wednesday, August 12th. The industrial products company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. Kornit Digital had a negative return on equity of 0.99% and a negative net margin of 9.42%.The business had revenue of $55.32 million during the quarter, compared to the consensus estimate of $52.80 million. During the same period in the previous year, the company posted $0.03 earnings per share. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, sell-side analysts expect that Kornit Digital Ltd. will post -0.31 EPS for the current fiscal year.

More Kornit Digital News

Here are the key news stories impacting Kornit Digital this week:

• Positive Sentiment: Second-quarter revenue reached $55.3 million, above the high end of company guidance and the $52.8 million analyst estimate. Adjusted EPS was $0.04, exceeding consensus estimates ranging from a $0.02 loss to $0.03 in earnings, and revenue increased 11.1% year over year. Kornit Digital Reports Second Quarter 2026 Results
• Positive Sentiment: Management reported strong operating indicators: annual recurring revenue rose 79% year over year to $33.8 million, AIC revenue increased 112%, trailing-12-month impressions grew 15%, and the company generated positive operating cash flow for the eleventh consecutive quarter. Kornit Digital Earnings Call Signals Recurring-Led Upswing
• Positive Sentiment: Screen-market penetration remained strong, representing approximately 60% of systems sold during the quarter and first half of 2026. The results suggest growing adoption of Kornit’s on-demand digital textile and fashion-production solutions. Kornit Digital 2026 Q2 Results Presentation
• Positive Sentiment: Needham raised its price target to $23 from $22 and maintained a Buy rating, reinforcing the view that improving recurring revenue and operating performance could support additional upside.
• Neutral Sentiment: Kornit guided for third-quarter revenue of $55 million to $60 million, with the midpoint modestly above the $55.3 million consensus estimate, although the range indicates a continued need for execution as the transformation progresses.
• Negative Sentiment: Despite the quarterly beat, Kornit continues to report a negative net margin and negative return on equity, while analysts still expect a full-year loss. These factors could limit the stock’s upside if growth or profitability improvements slow.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Weiss Ratings lowered shares of Kornit Digital from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday. Needham & Company LLC upped their price objective on shares of Kornit Digital from $22.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday. Zacks Research cut shares of Kornit Digital from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 30th. Finally, Morgan Stanley lifted their target price on shares of Kornit Digital from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $21.50.

Kornit Digital Company Profile

Kornit Digital Ltd. (NASDAQ: KRNT) is a global technology company specializing in digital textile printing solutions. Headquartered in Rosh Ha’Ayin, Israel, Kornit develops and manufactures an integrated ecosystem of industrial inkjet printers, proprietary NeoPigment inks and pretreatment systems. Its product portfolio addresses a range of applications including direct-to-garment, direct-to-fabric, digital embellishment and hybrid manufacturing, enabling businesses to produce custom apparel, sportswear, fashion and home textiles on demand.

The company’s flagship offerings include the Avalanche and Atlas series for high-volume production, as well as the Storm and Helix lines designed for mid-to-large scale operations.