Windmill Hill Asset Management Ltd raised its stake in shares of Danimer Scientific, Inc. (NYSE:DNMR – Get Rating) by 68.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 126,263 shares of the company's stock after buying an additional 51,263 shares during the period. Danimer Scientific comprises about 0.4% of Windmill Hill Asset Management Ltd's investment portfolio, making the stock its 10th biggest holding. Windmill Hill Asset Management Ltd owned 0.13% of Danimer Scientific worth $740,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Hall Private Wealth Advisors lifted its stake in shares of Danimer Scientific by 88.1% in the 4th quarter. Hall Private Wealth Advisors now owns 21,098 shares of the company's stock valued at $180,000 after purchasing an additional 9,880 shares during the last quarter. Trellus Management Company LLC raised its position in Danimer Scientific by 27.5% in the fourth quarter. Trellus Management Company LLC now owns 117,300 shares of the company's stock worth $999,000 after purchasing an additional 25,300 shares in the last quarter. Fifth Third Bancorp raised its position in Danimer Scientific by 600.0% in the fourth quarter. Fifth Third Bancorp now owns 3,500 shares of the company's stock worth $30,000 after purchasing an additional 3,000 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in Danimer Scientific by 25.0% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 25,000 shares of the company's stock worth $218,000 after buying an additional 5,000 shares during the last quarter. Finally, Northern Trust Corp grew its stake in Danimer Scientific by 33.5% during the fourth quarter. Northern Trust Corp now owns 868,043 shares of the company's stock worth $7,396,000 after buying an additional 217,881 shares during the last quarter. Institutional investors and hedge funds own 51.47% of the company's stock.

Insider Activity

In other news, CMO Scott Tuten sold 10,000 shares of the stock in a transaction that occurred on Monday, July 18th. The shares were sold at an average price of $5.08, for a total transaction of $50,800.00. Following the sale, the chief marketing officer now directly owns 474,136 shares of the company's stock, valued at $2,408,610.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 14.60% of the stock is owned by insiders.

Danimer Scientific Price Performance

Danimer Scientific (NYSE:DNMR – Get Rating) last released its quarterly earnings results on Tuesday, May 10th. The company reported ($0.26) EPS for the quarter, beating the consensus estimate of ($0.29) by $0.03. Danimer Scientific had a net margin of 13.66% and a negative return on equity of 14.35%. The business had revenue of $14.74 million for the quarter. During the same period last year, the company earned ($0.14) earnings per share. On average, equities analysts predict that Danimer Scientific, Inc. will post -0.95 earnings per share for the current fiscal year.

Danimer Scientific Profile

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Danimer Scientific, Inc, a performance polymer company, develops, produces, and provides bioplastic replacements for traditional petroleum-based plastics. It produces polyhydroxyalkanoate, a biodegradable plastic feedstock alternative used in a range of plastic applications, including films, straws, food containers, and other things under the Nodax brand name; polylactic acid-based resins for coating disposable paper cups; and other biopolymers.

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