Channel Wealth LLC Increases Stock Position in Atomera Incorporated (NASDAQ:ATOM)

Channel Wealth LLC grew its holdings in shares of Atomera Incorporated (NASDAQ:ATOM) by 45.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,665 shares of the technology company’s stock after purchasing an additional 14,615 shares during the quarter. Channel Wealth LLC owned approximately 0.16% of Atomera worth $541,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Brendel Financial Advisors LLC bought a new position in Atomera in the 4th quarter worth $124,000. GSA Capital Partners LLP increased its position in Atomera by 28.0% in the third quarter. GSA Capital Partners LLP now owns 65,428 shares of the technology company’s stock worth $172,000 after buying an additional 14,327 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Atomera by 5.0% in the third quarter. Geode Capital Management LLC now owns 308,464 shares of the technology company’s stock worth $811,000 after buying an additional 14,818 shares during the period. Consolidated Planning Corp purchased a new position in shares of Atomera during the 3rd quarter valued at about $40,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Atomera during the 3rd quarter valued at approximately $44,000. Institutional investors own 30.79% of the company’s stock.

Atomera Stock Performance

NASDAQ ATOM opened at $8.40 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.25 and a current ratio of 5.25. Atomera Incorporated has a 12 month low of $2.31 and a 12 month high of $17.55. The company’s 50 day moving average is $8.67 and its two-hundred day moving average is $5.13.

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.