Atomera Incorporated (NASDAQ:ATOM) CFO Sells $15,016.68 in Stock

Atomera Incorporated (NASDAQ:ATOM) CFO Francis Laurencio sold 2,478 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $6.06, for a total value of $15,016.68. Following the sale, the chief financial officer now directly owns 93,322 shares of the company’s stock, valued at $565,531.32. This represents a 2.59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Atomera Price Performance

Atomera stock traded down $0.17 during midday trading on Tuesday, hitting $6.20. 246,924 shares of the stock were exchanged, compared to its average volume of 259,346. The company has a quick ratio of 5.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.05. Atomera Incorporated has a 52 week low of $2.31 and a 52 week high of $9.19. The company has a fifty day simple moving average of $4.25 and a two-hundred day simple moving average of $3.73.

Institutional Investors Weigh In On Atomera

Several large investors have recently made changes to their positions in the stock. Summit Securities Group LLC acquired a new stake in Atomera in the 2nd quarter valued at $31,000. Consolidated Planning Corp acquired a new stake in Atomera in the 3rd quarter valued at about $40,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Atomera during the third quarter worth about $44,000. XTX Topco Ltd acquired a new position in shares of Atomera during the 3rd quarter worth approximately $76,000. Finally, GSA Capital Partners LLP boosted its holdings in shares of Atomera by 28.0% during the third quarter. GSA Capital Partners LLP now owns 65,428 shares of the technology company’s stock worth $172,000 after acquiring an additional 14,327 shares during the period. 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.