Quantum Private Wealth LLC Raises Position in Atomera Incorporated (NASDAQ:ATOM)

Quantum Private Wealth LLC raised its stake in Atomera Incorporated (NASDAQ:ATOM) by 24.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 240,646 shares of the technology company’s stock after purchasing an additional 48,000 shares during the quarter. Atomera accounts for about 0.7% of Quantum Private Wealth LLC’s portfolio, making the stock its 28th biggest position. Quantum Private Wealth LLC’s holdings in Atomera were worth $1,687,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada raised its stake in shares of Atomera by 103.9% in the second quarter. Royal Bank of Canada now owns 3,210 shares of the technology company’s stock worth $28,000 after purchasing an additional 1,636 shares during the last quarter. BNP Paribas Arbitrage SNC raised its stake in shares of 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 raised its stake in shares of Atomera by 150.3% in the second quarter. BNP Paribas Arbitrage SA now owns 4,796 shares of the technology company’s stock worth $45,000 after purchasing an additional 2,880 shares during the last quarter. Barclays PLC raised its stake 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 purchasing an additional 4,664 shares during the last quarter. Finally, Citigroup Inc. purchased a new stake in shares of Atomera in the second quarter worth approximately $55,000. 30.79% of the stock is owned by hedge funds and other institutional investors.

Atomera Stock Performance

Shares of ATOM traded up $0.09 on Wednesday, reaching $6.13. 39,934 shares of the company’s stock traded hands, compared to its average volume of 219,540. The company has a current ratio of 5.35, a quick ratio of 5.35 and a debt-to-equity ratio of 0.10. The stock has a market cap of $164.90 million, a PE ratio of -7.55 and a beta of 1.26. The stock’s 50 day simple moving average is $6.53 and its two-hundred day simple moving average is $6.70. Atomera Incorporated has a 52-week low of $4.96 and a 52-week high of $10.72.

Atomera (NASDAQ:ATOM) last issued its quarterly earnings results on Tuesday, February 13th. The technology company reported ($0.18) EPS for the quarter. The company had revenue of $0.55 million during the quarter.

Insider Activity at Atomera

In related news, CEO Scott A. Bibaud sold 8,027 shares of the stock in a transaction that occurred 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 completion of the sale, the chief executive officer now directly owns 346,810 shares of the company’s stock, valued at $2,150,222. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last three months, insiders sold 17,518 shares of company stock valued at $110,687. 13.00% of the stock is owned by insiders.

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.