Atomera Incorporated (NASDAQ:ATOM) Stake Cut by Sigma Planning Corp

Sigma Planning Corp lessened its holdings in Atomera Incorporated (NASDAQ:ATOM) by 56.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,600 shares of the technology company’s stock after selling 15,150 shares during the quarter. Sigma Planning Corp’s holdings in Atomera were worth $81,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in ATOM. Quantum Private Wealth LLC grew its holdings in shares of Atomera by 24.9% during the fourth quarter. Quantum Private Wealth LLC now owns 240,646 shares of the technology company’s stock valued at $1,687,000 after purchasing an additional 48,000 shares during the last quarter. Westside Investment Management Inc. grew its stake in Atomera by 5.3% during the 4th quarter. Westside Investment Management Inc. now owns 91,175 shares of the technology company’s stock worth $639,000 after buying an additional 4,610 shares during the last quarter. Channel Wealth LLC increased its position in Atomera by 14.7% in the fourth quarter. Channel Wealth LLC now owns 62,900 shares of the technology company’s stock worth $441,000 after buying an additional 8,050 shares during the period. Avenir Corp lifted its stake in Atomera by 1.3% in the third quarter. Avenir Corp now owns 315,716 shares of the technology company’s stock valued at $1,976,000 after buying an additional 4,030 shares during the last quarter. Finally, Jacob Asset Management of New York LLC boosted its holdings in shares of Atomera by 11.2% during the third quarter. Jacob Asset Management of New York LLC now owns 188,400 shares of the technology company’s stock valued at $1,179,000 after acquiring an additional 19,000 shares during the period. Institutional investors own 30.79% of the company’s stock.

Insider Activity at Atomera

In other Atomera news, CEO Scott A. Bibaud sold 8,027 shares of Atomera stock in a transaction on Friday, March 1st. The stock was sold at an average price of $6.20, for a total transaction of $49,767.40. Following the sale, the chief executive officer now owns 346,810 shares of the company’s stock, valued at approximately $2,150,222. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 17,518 shares of company stock worth $110,687 in the last three months. 13.00% of the stock is owned by company insiders.

Atomera Stock Up 10.8 %

ATOM stock opened at $4.93 on Tuesday. The stock has a market cap of $132.62 million, a PE ratio of -6.32 and a beta of 1.26. The firm’s 50-day simple moving average is $6.12 and its 200 day simple moving average is $6.63. Atomera Incorporated has a fifty-two week low of $3.68 and a fifty-two week high of $10.72. The company has a quick ratio of 5.35, a current ratio of 5.35 and a debt-to-equity ratio of 0.10.

Atomera (NASDAQ:ATOM) last posted 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 for the quarter.

Atomera Company 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.