Consolidated Planning Corp Acquires Shares of 15,271 Atomera Incorporated (NASDAQ:ATOM)

Consolidated Planning Corp bought a new position in Atomera Incorporated (NASDAQ:ATOM) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 15,271 shares of the technology company’s stock, valued at approximately $40,000.

Several other large investors have also recently made changes to their positions in ATOM. Virtu Financial LLC purchased a new stake in shares of Atomera during the first quarter valued at approximately $216,000. GSA Capital Partners LLP grew its position in Atomera by 32.8% during the first quarter. GSA Capital Partners LLP now owns 142,541 shares of the technology company’s stock valued at $878,000 after buying an additional 35,175 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of Atomera in the 2nd quarter worth $512,000. Summit Securities Group LLC purchased a new stake in Atomera in the second quarter worth about $31,000. Finally, Westside Investment Management Inc. raised its stake in Atomera by 13.2% during the 2nd quarter. Westside Investment Management Inc. now owns 95,720 shares of the technology company’s stock worth $365,000 after acquiring an additional 11,150 shares during the period. 30.79% of the stock is currently owned by hedge funds and other institutional investors.

Atomera Trading Up 1.0 %

Shares of ATOM stock opened at $5.30 on Friday. The stock has a market capitalization of $152.53 million, a price-to-earnings ratio of -7.57 and a beta of 1.45. The stock’s 50-day moving average price is $3.18 and its 200-day moving average price is $3.60. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 0.05. Atomera Incorporated has a 12-month low of $2.31 and a 12-month high of $9.19.

Analyst Ratings Changes

Separately, Craig Hallum lowered their price objective on Atomera from $13.00 to $7.00 and set a “buy” rating on the stock in a research report on Wednesday, July 31st.

Atomera 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.