<div id="readability-page-1"><p>Polar Asset Management Partners Inc. raised its holdings in shares of  Kornit Digital Ltd. (NASDAQ:KRNT - Free Report) by 21.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The institutional investor  owned 584,460 shares of the industrial products company's stock after buying an additional 104,017 shares during the quarter. Polar Asset Management Partners Inc. owned about 1.23% of Kornit Digital worth $11,151,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>The Sell-Off In Kornit Digital May Set Up A 2nd Half Opportunity</li></ul><p>Several other hedge funds and other institutional investors have also added to or reduced their stakes in KRNT. Castleark Management LLC bought a new stake in  Kornit Digital during the fourth quarter worth about $4,200,000.  Nicholas Investment Partners LP lifted its stake in shares of  Kornit Digital by 43.1% in the 4th quarter. Nicholas Investment Partners LP now owns 385,082 shares of the industrial products company's stock valued at $11,918,000 after acquiring an additional 115,979 shares during the last quarter.  Driehaus Capital Management LLC lifted its stake in shares of  Kornit Digital by 31.8% in the 4th quarter. Driehaus Capital Management LLC now owns 413,056 shares of the industrial products company's stock valued at $12,784,000 after acquiring an additional 99,727 shares during the last quarter.  Granahan Investment Management LLC lifted its stake in shares of  Kornit Digital by 6.2% in the 1st quarter. Granahan Investment Management LLC now owns 1,693,833 shares of the industrial products company's stock valued at $32,318,000 after acquiring an additional 98,284 shares during the last quarter.  Finally, Northern Trust Corp lifted its stake in shares of  Kornit Digital by 78.6% in the 4th quarter. Northern Trust Corp now owns 204,005 shares of the industrial products company's stock valued at $6,314,000 after acquiring an additional 89,790 shares during the last quarter. 92.76% of the stock is currently owned by hedge funds and other institutional investors. </p><div><p><span></span><span>Get <strong>Kornit Digital</strong> alerts:</span></p></div><h2>Kornit Digital Stock Up 1.7%</h2><p>Kornit Digital stock opened at $14.71 on Friday. The company has a market capitalization of $658.86 million, a P/E ratio of -58.84 and a beta of 1.86. The stock's 50 day moving average is $18.03 and its 200 day moving average is $19.79. Kornit Digital Ltd. has a twelve month low of $12.78 and a twelve month high of $34.28. </p><p>Kornit Digital (NASDAQ:KRNT - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The industrial products company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.01. The company had revenue of $49.75 million for the quarter, compared to the consensus estimate of $52.07 million. Kornit Digital had a negative return on equity of 0.74% and a negative net margin of 5.43%.The firm's quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.02 EPS.  As a group, equities analysts expect that  Kornit Digital Ltd. will post -0.2 EPS for the current year. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of research firms have recently weighed in on KRNT. Barclays  set a $22.00 target price on Kornit Digital and gave the company an &#34;equal weight&#34; rating in a research note on Thursday, August 7th. Morgan Stanley  reissued an &#34;overweight&#34; rating on shares of Kornit Digital in a research note on Thursday, May 15th. Finally, Needham &amp; Company LLC lowered their target price on Kornit Digital from $30.00 to $25.00 and set a &#34;buy&#34; rating for the company in a research note on Wednesday, August 6th. One analyst  has rated the stock with a Strong Buy rating, three have assigned  a Buy rating and one  has given a Hold rating to the stock. According to data from MarketBeat, Kornit Digital presently has an average rating of &#34;Buy&#34; and an average target price of $31.40.</p><p><b>Read Our Latest Research Report on KRNT</b></p><h2>Kornit Digital Company Profile</h2> (Free Report)<p>Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Kornit Digital</li><li>3 Natural Gas Stocks That Offer Great Dividend Yields</li><li>Here's What Separates Oklo From the Rest of the Nuclear Startups </li><li>What is the FTSE 100 index? </li><li>Why Marvell’s 19% Drop Could Be a Big Buy-the-Dip Opportunity</li><li>What is the Nasdaq? Complete Overview with History</li><li>Daqo New Energy: Solar Monopoly Launches $100M Buyback</li></ul><p><strong>Want to see what other hedge funds are holding KRNT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kornit Digital Ltd. (NASDAQ:KRNT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9S1JOVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9S1JOVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Kornit Digital Right Now?</h2><p>Before you consider Kornit Digital, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kornit Digital wasn't on the list.</p><p>While Kornit Digital currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

KRNT

<p>Polar Asset Management Partners Inc. increased its stake in Kornit Digital Ltd. (NASDAQ:KRNT) by 21.7% in Q1, owning 584,460 shares valued at $11.15 million. Other institutional investors also adjusted their holdings. Kornit Digital's stock rose 1.7% to $14.71, with a market cap of $658.86 million. The company reported $0.03 EPS, exceeding estimates, but revenue fell short at $49.75 million. Analysts have mixed ratings, with an average target price of $31.40.</p>

Polar Asset Management Partners Inc. Boosts Stake in Kornit Digital Ltd. $KRNT