Insider Selling: Atomera Incorporated (NASDAQ:ATOM) CEO Sells 5,174 Shares of Stock

Atomera Incorporated (NASDAQ:ATOMGet Free Report) CEO Scott A. Bibaud sold 5,174 shares of Atomera stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $4.13, for a total value of $21,368.62. Following the transaction, the chief executive officer now owns 343,883 shares in the company, valued at $1,420,236.79. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Atomera Stock Up 3.4 %

Shares of NASDAQ ATOM opened at $4.00 on Thursday. The business’s 50 day moving average is $5.03 and its two-hundred day moving average is $6.28. The company has a debt-to-equity ratio of 0.08, a current ratio of 6.78 and a quick ratio of 6.78. Atomera Incorporated has a 1-year low of $3.68 and a 1-year high of $9.39.

Atomera (NASDAQ:ATOMGet Free Report) last issued its quarterly earnings data on Wednesday, May 1st. The technology company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.04). The business had revenue of $0.02 million during the quarter.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ATOM. WealthTrust Axiom LLC purchased a new position in shares of Atomera during the fourth quarter valued at approximately $70,000. Virtu Financial LLC purchased a new position in shares of Atomera during the first quarter valued at approximately $216,000. Channel Wealth LLC boosted its holdings in shares of Atomera by 14.7% in the fourth quarter. Channel Wealth LLC now owns 62,900 shares of the technology company’s stock valued at $441,000 after purchasing an additional 8,050 shares during the period. Westside Investment Management Inc. boosted its holdings in shares of Atomera by 5.3% in the fourth quarter. Westside Investment Management Inc. now owns 91,175 shares of the technology company’s stock valued at $639,000 after purchasing an additional 4,610 shares during the period. Finally, GSA Capital Partners LLP boosted its holdings in shares of Atomera by 32.8% in the first quarter. GSA Capital Partners LLP now owns 142,541 shares of the technology company’s stock valued at $878,000 after purchasing an additional 35,175 shares during the period. Hedge funds and other institutional investors own 30.79% of the company’s stock.

About Atomera

(Get Free Report)

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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Insider Buying and Selling by Quarter for Atomera (NASDAQ:ATOM)

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