Atomera Incorporated (NASDAQ:ATOM - Get Free Report) CFO Francis Laurencio sold 2,478 shares of the 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 sale, the chief financial officer now owns 93,322 shares of the company's stock, valued at approximately $565,531.32. This trade represents a 2.59 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Atomera Stock Down 2.7 %
ATOM stock opened at $6.20 on Wednesday. The firm's fifty day simple moving average is $4.32 and its 200-day simple moving average is $3.75. The company has a market capitalization of $178.44 million, a P/E ratio of -8.86 and a beta of 1.58. Atomera Incorporated has a 12 month low of $2.31 and a 12 month high of $9.19. The company has a debt-to-equity ratio of 0.05, a current ratio of 5.25 and a quick ratio of 5.25.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC purchased a new position in shares of Atomera during the 2nd quarter worth $512,000. Virtu Financial LLC purchased a new position in Atomera in the first quarter worth approximately $216,000. Hilltop Holdings Inc. increased its holdings in Atomera by 38.4% in the third quarter. Hilltop Holdings Inc. now owns 122,990 shares of the technology company's stock valued at $323,000 after buying an additional 34,100 shares during the last quarter. XTX Topco Ltd acquired a new position in Atomera in the third quarter valued at approximately $76,000. Finally, Westside Investment Management Inc. raised its stake in Atomera by 20.9% during the 3rd quarter. Westside Investment Management Inc. now owns 115,700 shares of the technology company's stock worth $304,000 after acquiring an additional 19,980 shares in the last quarter. Hedge funds and other institutional investors own 30.79% of the company's stock.
Atomera Company Profile
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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.
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