WealthTrust Axiom LLC Purchases Shares of 10,000 Atomera Incorporated (NASDAQ:ATOM)

WealthTrust Axiom LLC bought a new position in Atomera Incorporated (NASDAQ:ATOM) during the 4th quarter, Holdings Channel reports. The fund bought 10,000 shares of the technology company’s stock, valued at approximately $70,000.

A number of other hedge funds also recently bought and sold shares of the business. AE Wealth Management LLC grew its position in shares of Atomera by 24.0% in the 3rd quarter. AE Wealth Management LLC now owns 16,859 shares of the technology company’s stock worth $106,000 after buying an additional 3,263 shares during the period. Brown Advisory Inc. bought a new stake in Atomera in the third quarter worth $63,000. Jacob Asset Management of New York LLC grew its stake in shares of Atomera by 11.2% in the third quarter. Jacob Asset Management of New York LLC now owns 188,400 shares of the technology company’s stock worth $1,179,000 after acquiring an additional 19,000 shares during the last quarter. Quantum Private Wealth LLC increased its holdings in shares of Atomera by 32.7% during the third quarter. Quantum Private Wealth LLC now owns 192,646 shares of the technology company’s stock valued at $1,206,000 after acquiring an additional 47,428 shares in the last quarter. Finally, Avenir Corp increased its holdings in shares of Atomera by 1.3% during the third quarter. Avenir Corp now owns 315,716 shares of the technology company’s stock valued at $1,976,000 after acquiring an additional 4,030 shares in the last quarter. Hedge funds and other institutional investors own 30.79% of the company’s stock.

Insider Buying and Selling at Atomera

In related news, CEO Scott A. Bibaud sold 8,027 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $6.20, for a total value of $49,767.40. Following the sale, the chief executive officer now owns 346,810 shares in the company, valued at $2,150,222. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have sold 17,518 shares of company stock worth $110,687. Company insiders own 13.00% of the company’s stock.

Atomera Trading Down 5.9 %

Shares of Atomera stock opened at $4.64 on Wednesday. The company has a current ratio of 5.35, a quick ratio of 5.35 and a debt-to-equity ratio of 0.10. The firm’s 50-day moving average is $6.08 and its 200 day moving average is $6.62. Atomera Incorporated has a 1 year low of $3.68 and a 1 year high of $10.72.

Atomera (NASDAQ:ATOM) last issued its earnings results on Thursday, April 25th. The technology company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.04). The business had revenue of $0.02 million during the quarter.

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.