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

Atomera Incorporated (NASDAQ:ATOM) CFO Francis Laurencio sold 2,457 shares of the stock in a transaction dated 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 directly owns 185,809 shares in the company, valued at approximately $1,098,131.19. The trade was a 1.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Atomera Stock Up 7.5 %

NASDAQ ATOM traded up $0.42 on Wednesday, hitting $6.01. 527,781 shares of the stock were exchanged, compared to its average volume of 979,592. Atomera Incorporated has a fifty-two week low of $2.31 and a fifty-two week high of $17.55. The company has a 50-day moving average price of $9.26 and a 200-day moving average price of $6.12. The company has a market cap of $172.96 million, a PE ratio of -8.84 and a beta of 1.38. The company has a quick ratio of 5.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.05.

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

Hedge Funds Weigh In On Atomera

Hedge funds have recently made changes to their positions in the company. Baird Financial Group Inc. boosted its position in shares of Atomera by 67.5% in the 4th quarter. Baird Financial Group Inc. now owns 1,208,286 shares of the technology company’s stock valued at $14,016,000 after purchasing an additional 486,892 shares during the period. Avenir Corp lifted its stake in Atomera by 32.2% in the fourth quarter. Avenir Corp now owns 516,525 shares of the technology company’s stock valued at $5,992,000 after buying an additional 125,874 shares during the last quarter. Quantum Private Wealth LLC boosted its holdings in shares of Atomera by 22.2% in the fourth quarter. Quantum Private Wealth LLC now owns 356,721 shares of the technology company’s stock valued at $4,138,000 after acquiring an additional 64,700 shares during the period. Geode Capital Management LLC grew its position in shares of Atomera by 8.3% during the fourth quarter. Geode Capital Management LLC now owns 334,199 shares of the technology company’s stock worth $3,878,000 after acquiring an additional 25,735 shares during the last quarter. Finally, Sargent Investment Group LLC increased its holdings in shares of Atomera by 200.4% in the 4th quarter. Sargent Investment Group LLC now owns 279,185 shares of the technology company’s stock valued at $2,945,000 after acquiring an additional 186,240 shares during the period. Hedge funds and other institutional investors own 30.79% of the company’s stock.

Atomera Company Profile

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.