Atomera Incorporated (NASDAQ:ATOM) CFO Francis Laurencio Sells 2,457 Shares of Stock

Atomera Incorporated (NASDAQ:ATOM) CFO Francis Laurencio sold 2,457 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $5.91, for a total value of $14,520.87. Following the transaction, the chief financial officer now owns 185,809 shares in the company, valued at $1,098,131.19. The trade was a 1.31 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Atomera Stock Up 7.5 %

Shares of ATOM opened at $6.01 on Thursday. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $172.96 million, a PE ratio of -8.84 and a beta of 1.38. The firm’s 50 day moving average is $9.17 and its 200-day moving average is $6.12. Atomera Incorporated has a 12 month low of $2.31 and a 12 month high of $17.55.

Atomera (NASDAQ:ATOM) last released its quarterly earnings results on Tuesday, February 11th. The technology company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.02). Atomera had a negative net margin of 13,655.55% and a negative return on equity of 106.81%.

Institutional Investors Weigh In On Atomera

Hedge funds and other institutional investors have recently modified their holdings of the company. Consolidated Planning Corp bought a new stake in Atomera during the 3rd quarter valued at $40,000. GSA Capital Partners LLP raised its position in Atomera by 28.0% in the 3rd quarter. GSA Capital Partners LLP now owns 65,428 shares of the technology company’s stock valued at $172,000 after buying an additional 14,327 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Atomera in the third quarter valued at about $44,000. Hilltop Holdings Inc. lifted its position in shares of Atomera by 38.4% during the third quarter. Hilltop Holdings Inc. now owns 122,990 shares of the technology company’s stock valued at $323,000 after purchasing an additional 34,100 shares in the last quarter. Finally, XTX Topco Ltd bought a new stake in Atomera in the 3rd quarter worth about $76,000. Institutional investors own 30.79% of the company’s stock.

About Atomera

Atomera Incorporated engages in the developing, commercializing, and licensing proprietary processes and technologies for the semiconductor industry in North America and the Asia Pacific. The company's lead technology is the Mears Silicon Technology, a thin film of reengineered silicon that can be applied as a transistor channel enhancement to CMOS-type transistors.