Francis Laurencio Sells 2,457 Shares of Atomera Incorporated (NASDAQ:ATOM) Stock

Atomera Incorporated (NASDAQ:ATOM) CFO Francis Laurencio sold 2,457 shares of Atomera stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $5.91, for a total transaction of $14,520.87. Following the completion of the sale, the chief financial officer now directly owns 185,809 shares in the company, valued at approximately $1,098,131.19. The trade was a 1.31 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Atomera Stock Performance

ATOM traded up $0.42 during trading on Wednesday, reaching $6.01. The company’s stock had a trading volume of 527,781 shares, compared to its average volume of 979,592. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.25 and a current ratio of 5.25. The company’s fifty day moving average price is $9.26 and its 200-day moving average price is $6.12. Atomera Incorporated has a 52-week low of $2.31 and a 52-week high of $17.55. The company has a market capitalization of $172.96 million, a price-to-earnings ratio of -8.84 and a beta of 1.38.

Atomera (NASDAQ:ATOM) last announced its quarterly earnings data on Tuesday, February 11th. The technology company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.02). Atomera had a negative net margin of 13,655.55% and a negative return on equity of 106.81%.

Institutional Trading of Atomera

Several institutional investors and hedge funds have recently modified their holdings of ATOM. Consolidated Planning Corp acquired a new position in shares of Atomera during the 3rd quarter worth approximately $40,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Atomera during the 3rd quarter worth about $44,000. XTX Topco Ltd purchased a new stake in shares of Atomera during the third quarter worth about $76,000. SLT Holdings LLC purchased a new stake in shares of Atomera during the fourth quarter worth about $116,000. Finally, Barclays PLC acquired a new position in shares of Atomera in the fourth quarter valued at approximately $116,000. Hedge funds and other institutional investors 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.