Atomera Incorporated (NASDAQ:ATOM) CFO Francis Laurencio Sells 2,478 Shares of Stock

Atomera Incorporated (NASDAQ:ATOM) CFO Francis Laurencio sold 2,478 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $6.06, for a total value of $15,016.68. Following the completion of the transaction, the chief financial officer now directly owns 93,322 shares in the company, valued at $565,531.32. This represents a 2.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Atomera Stock Down 2.7 %

ATOM stock opened at $6.20 on Wednesday. The stock has a fifty day moving average of $4.32 and a 200-day moving average of $3.75. The company has a market capitalization of $178.44 million, a price-to-earnings ratio of -8.86 and a beta of 1.58. 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 fifty-two week low of $2.31 and a fifty-two week high of $9.19.

Institutional Investors Weigh In On Atomera

A number of large investors have recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new stake in Atomera during the 1st quarter valued at about $216,000. GSA Capital Partners LLP raised its stake in shares of 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 during the period. Renaissance Technologies LLC bought a new stake in Atomera during the second quarter valued at about $512,000. Summit Securities Group LLC purchased a new stake in Atomera in the 2nd quarter worth $31,000. Finally, Consolidated Planning Corp bought a new position in Atomera during the third quarter valued at $40,000. 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.