Atomera (ATOM) to Release Quarterly Earnings on Thursday

Atomera (NASDAQ:ATOM) is scheduled to post its quarterly earnings results after the market closes on Thursday, April 25th.

Atomera (NASDAQ:ATOM) last posted its quarterly earnings results on Tuesday, February 13th. The technology company reported ($0.18) earnings per share for the quarter. The firm had revenue of $0.55 million for the quarter.

Atomera Stock Performance

Atomera stock opened at $5.75 on Friday. The company has a 50 day moving average price of $6.46 and a 200-day moving average price of $6.69. The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.35 and a current ratio of 5.35. Atomera has a fifty-two week low of $4.96 and a fifty-two week high of $10.72. The company has a market capitalization of $154.68 million, a PE ratio of -7.19 and a beta of 1.26.

Insider Activity at Atomera

In related news, CEO Scott A. Bibaud sold 8,027 shares of Atomera stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $6.20, for a total transaction of $49,767.40. Following the transaction, the chief executive officer now directly owns 346,810 shares of the company’s stock, valued at $2,150,222. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders have sold a total of 17,518 shares of company stock valued at $110,687 over the last ninety days. 13.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Atomera

Several institutional investors have recently bought and sold shares of ATOM. Millennium Management LLC purchased a new position in Atomera during the fourth quarter valued at approximately $1,602,000. BlackRock Inc. grew its holdings in Atomera by 11.0% in the second quarter. BlackRock Inc. now owns 1,418,368 shares of the technology company’s stock worth $12,439,000 after purchasing an additional 140,161 shares during the last quarter. GSA Capital Partners LLP grew its holdings in Atomera by 360.0% in the fourth quarter. GSA Capital Partners LLP now owns 107,366 shares of the technology company’s stock worth $753,000 after purchasing an additional 84,024 shares during the last quarter. State of Wisconsin Investment Board grew its holdings in Atomera by 387.6% in the second quarter. State of Wisconsin Investment Board now owns 82,400 shares of the technology company’s stock worth $723,000 after purchasing an additional 65,500 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in Atomera by 4.8% in the fourth quarter. Vanguard Group Inc. now owns 1,385,368 shares of the technology company’s stock worth $9,711,000 after purchasing an additional 63,840 shares during the last quarter. 30.79% of the stock is owned by hedge funds and other institutional investors.

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.