Atomera Incorporated (NASDAQ:ATOM) CTO Robert J. Mears Sells 13,304 Shares

Atomera Incorporated (NASDAQ:ATOM) CTO Robert J. Mears sold 13,304 shares of Atomera stock in a transaction on Friday, September 15th. The stock was sold at an average price of $5.75, for a total transaction of $76,498.00. Following the completion of the transaction, the chief technology officer now directly owns 119,836 shares of the company’s stock, valued at $689,057. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Atomera Stock Performance

Shares of NASDAQ ATOM traded up $0.10 during mid-day trading on Monday, hitting $5.80. 160,135 shares of the company’s stock traded hands, compared to its average volume of 279,424. The company has a quick ratio of 8.25, a current ratio of 8.25 and a debt-to-equity ratio of 0.10. Atomera Incorporated has a 1 year low of $5.03 and a 1 year high of $12.12. The company’s 50-day moving average is $7.24 and its two-hundred day moving average is $7.45.

Atomera (NASDAQ:ATOM) last posted its quarterly earnings data on Wednesday, August 2nd. The technology company reported ($0.21) earnings per share (EPS) for the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings in shares of Atomera by 103.9% in the 2nd quarter. Royal Bank of Canada now owns 3,210 shares of the technology company’s stock worth $28,000 after acquiring an additional 1,636 shares during the last quarter. BNP Paribas Arbitrage SNC lifted its stake in Atomera by 194.4% in the first quarter. BNP Paribas Arbitrage SNC now owns 4,493 shares of the technology company’s stock worth $29,000 after purchasing an additional 2,967 shares during the last quarter. BNP Paribas Arbitrage SA grew its stake in shares of Atomera by 150.3% during the second quarter. BNP Paribas Arbitrage SA now owns 4,796 shares of the technology company’s stock valued at $45,000 after buying an additional 2,880 shares during the last quarter. Barclays PLC raised its holdings in shares of Atomera by 533.6% in the fourth quarter. Barclays PLC now owns 5,538 shares of the technology company’s stock worth $34,000 after buying an additional 4,664 shares during the period. Finally, Citigroup Inc. purchased a new stake in shares of Atomera in the second quarter worth approximately $55,000. 33.61% of the stock is owned by hedge funds and other institutional investors.

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.