Sigma Planning Corp Sells 15,150 Shares of Atomera Incorporated (NASDAQ:ATOM)

Sigma Planning Corp reduced its holdings in Atomera Incorporated (NASDAQ:ATOM) by 56.6% in the 4th quarter, Holdings Channel reports. The fund 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.

Other hedge funds also recently modified their holdings of the company. Quantum Private Wealth LLC grew its position in shares of Atomera by 24.9% in the 4th 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 period. Jacob Asset Management of New York LLC boosted its holdings 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 valued at $1,179,000 after buying an additional 19,000 shares during the period. Brown Advisory Inc. bought a new stake in shares of Atomera during the third quarter worth $63,000. Channel Wealth LLC raised its holdings in shares of Atomera by 14.7% during the fourth quarter. Channel Wealth LLC now owns 62,900 shares of the technology company’s stock worth $441,000 after acquiring an additional 8,050 shares during the period. Finally, Westside Investment Management Inc. lifted its position in Atomera by 5.3% in the 4th quarter. Westside Investment Management Inc. now owns 91,175 shares of the technology company’s stock valued at $639,000 after acquiring an additional 4,610 shares in the last quarter. Institutional investors and hedge funds own 30.79% of the company’s stock.

Insider Transactions 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 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 directly owns 346,810 shares in the company, 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 link. Insiders have sold a total of 17,518 shares of company stock valued at $110,687 over the last 90 days. 13.00% of the stock is owned by corporate insiders.

Atomera Price Performance

ATOM stock opened at $4.93 on Tuesday. The stock has a 50-day moving average price of $6.12 and a two-hundred day moving average price of $6.63. Atomera Incorporated has a 1 year low of $3.68 and a 1 year high of $10.72. The stock has a market cap of $132.62 million, a PE ratio of -6.32 and a beta of 1.26. The company has a current ratio of 5.35, a quick ratio of 5.35 and a debt-to-equity ratio of 0.10.

Atomera (NASDAQ:ATOM) last posted its quarterly earnings data on Thursday, April 25th. The technology company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.04). The company 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.