Brown Advisory Inc. Lowers Holdings in Atomera Incorporated (NASDAQ:ATOM)

Brown Advisory Inc. trimmed its holdings in Atomera Incorporated (NASDAQ:ATOM) by 20.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 200,593 shares of the technology company’s stock after selling 50,000 shares during the quarter. Brown Advisory Inc. owned 0.65% of Atomera worth $802,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. WealthTrust Axiom LLC boosted its stake in shares of Atomera by 15.4% during the 4th quarter. WealthTrust Axiom LLC now owns 15,000 shares of the technology company’s stock worth $174,000 after acquiring an additional 2,000 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Atomera by 2.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 83,154 shares of the technology company’s stock worth $965,000 after acquiring an additional 2,300 shares in the last quarter. Mariner LLC boosted its stake in shares of Atomera by 42.0% during the 4th quarter. Mariner LLC now owns 14,200 shares of the technology company’s stock worth $165,000 after acquiring an additional 4,200 shares in the last quarter. Northern Trust Corp boosted its stake in shares of Atomera by 8.7% during the 4th quarter. Northern Trust Corp now owns 61,910 shares of the technology company’s stock worth $718,000 after acquiring an additional 4,934 shares in the last quarter. Finally, XTX Topco Ltd boosted its stake in shares of Atomera by 28.2% during the 4th quarter. XTX Topco Ltd now owns 36,896 shares of the technology company’s stock worth $428,000 after acquiring an additional 8,118 shares in the last quarter. 30.79% of the stock is owned by hedge funds and other institutional investors.

Atomera Stock Down 0.8%

ATOM opened at $4.72 on Tuesday. Atomera Incorporated has a twelve month low of $2.31 and a twelve month high of $17.55. The company has a 50-day moving average price of $5.88 and a 200 day moving average price of $6.53. The company has a market cap of $144.90 million, a PE ratio of -7.15 and a beta of 1.24.

Atomera (NASDAQ:ATOM) last released its quarterly earnings results on Tuesday, May 6th. The technology company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.03). The company had revenue of $0.00 million for the quarter. Atomera had a negative return on equity of 92.12% and a negative net margin of 15,555.37%.

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.