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

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

Atomera Stock Performance

NASDAQ ATOM opened at $6.61 on Friday. The stock has a market capitalization of $190.24 million, a price-to-earnings ratio of -9.44 and a beta of 1.58. The business’s 50 day moving average is $4.48 and its two-hundred day moving average is $3.78. Atomera Incorporated has a 12-month low of $2.31 and a 12-month high of $9.19. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 0.05.

Institutional Investors Weigh In On Atomera

Hedge funds and other institutional investors have recently bought and sold shares of the business. Virtu Financial LLC acquired a new stake in shares of Atomera during the 1st quarter valued at approximately $216,000. Westside Investment Management Inc. increased its stake in Atomera by 13.2% in the 2nd quarter. Westside Investment Management Inc. now owns 95,720 shares of the technology company’s stock valued at $365,000 after purchasing an additional 11,150 shares in the last quarter. Summit Securities Group LLC acquired a new position in Atomera during the second quarter worth $31,000. Renaissance Technologies LLC purchased a new stake in Atomera during the second quarter worth $512,000. Finally, Consolidated Planning Corp acquired a new stake in Atomera in the third quarter valued at $40,000. Institutional investors and hedge funds own 30.79% of the company’s stock.

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.