Industrial Alliance Investment Management Inc. Has $3.36 Million Holdings in Atomera Incorporated (NASDAQ:ATOM)

Industrial Alliance Investment Management Inc. boosted its stake in Atomera Incorporated (NASDAQ:ATOM – Get Rating) by 0.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 331,771 shares of the technology company’s stock after purchasing an additional 2,170 shares during the quarter. Industrial Alliance Investment Management Inc.’s holdings in Atomera were worth $3,361,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mercer Global Advisors Inc. ADV bought a new position in Atomera in the third quarter valued at about $272,000. Vanguard Group Inc. grew its position in Atomera by 3.9% in the third quarter. Vanguard Group Inc. now owns 1,120,202 shares of the technology company’s stock valued at $11,348,000 after acquiring an additional 41,992 shares during the last quarter. Bank of New York Mellon Corp grew its position in Atomera by 4.8% in the third quarter. Bank of New York Mellon Corp now owns 87,345 shares of the technology company’s stock valued at $885,000 after acquiring an additional 3,996 shares during the last quarter. Sigma Planning Corp grew its position in Atomera by 8.4% in the third quarter. Sigma Planning Corp now owns 20,100 shares of the technology company’s stock valued at $204,000 after acquiring an additional 1,550 shares during the last quarter. Finally, UBS Group AG grew its position in Atomera by 12.1% in the third quarter. UBS Group AG now owns 30,510 shares of the technology company’s stock valued at $309,000 after acquiring an additional 3,288 shares during the last quarter. Institutional investors and hedge funds own 31.32% of the company’s stock.

Atomera Stock Performance

Atomera stock opened at $6.49 on Friday. Atomera Incorporated has a 12-month low of $5.44 and a 12-month high of $15.10. The company has a quick ratio of 7.43, a current ratio of 7.43 and a debt-to-equity ratio of 0.15. The business’s 50-day moving average price is $6.90 and its two-hundred day moving average price is $8.24. The stock has a market cap of $157.58 million, a PE ratio of -8.54 and a beta of 1.60.

Atomera (NASDAQ:ATOM – Get Rating) last released its earnings results on Wednesday, February 15th. The technology company reported ($0.18) earnings per share (EPS) for the quarter.

Insider Transactions at Atomera

In other news, CEO Scott A. Bibaud sold 5,996 shares of the business’s stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $6.49, for a total transaction of $38,914.04. Following the sale, the chief executive officer now directly owns 318,148 shares in the company, valued at $2,064,780.52. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CEO Scott A. Bibaud sold 5,996 shares of the business’s stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $6.49, for a total transaction of $38,914.04. Following the sale, the chief executive officer now directly owns 318,148 shares in the company, valued at $2,064,780.52. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CTO Robert J. Mears sold 11,844 shares of the business’s stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $6.35, for a total value of $75,209.40. Following the sale, the chief technology officer now owns 133,286 shares in the company, valued at $846,366.10. The disclosure for this sale can be found here. Over the last three months, insiders have sold 20,029 shares of company stock worth $128,330. Insiders own 12.60% of the company’s stock.

Atomera Company Profile

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Atomera, Inc engages in the development, commercializing, and licensing of proprietary processes and technologies for the semiconductor industry. It developed Mears Silicon Technology, which increases performance and power efficiency in semiconductor transistors. The company was founded by Robert Mears in November 26, 2001 and is headquartered in Los Gatos, CA.