Atomera Incorporated (NASDAQ:ATOM) Shares Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP raised its holdings in Atomera Incorporated (NASDAQ:ATOM) by 28.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 65,428 shares of the technology company’s stock after purchasing an additional 14,327 shares during the period. GSA Capital Partners LLP owned about 0.23% of Atomera worth $172,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ATOM. Renaissance Technologies LLC bought a new stake in Atomera during the second quarter valued at $512,000. Virtu Financial LLC acquired a new position in shares of Atomera in the first quarter worth $216,000. Consolidated Planning Corp purchased a new stake in shares of Atomera during the 3rd quarter worth about $40,000. Westside Investment Management Inc. raised its position in Atomera by 13.2% during the second quarter. Westside Investment Management Inc. now owns 95,720 shares of the technology company’s stock valued at $365,000 after acquiring an additional 11,150 shares in the last quarter. Finally, Summit Securities Group LLC acquired a new stake in Atomera in the second quarter valued at approximately $31,000. 30.79% of the stock is owned by institutional investors and hedge funds.

Atomera Trading Down 0.3 %

Shares of ATOM stock opened at $5.80 on Monday. The firm’s fifty day simple moving average is $3.82 and its 200 day simple moving average is $3.67. Atomera Incorporated has a 1 year low of $2.31 and a 1 year high of $9.19. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $166.92 million, a P/E ratio of -8.29 and a beta of 1.45.

Wall Street Analysts Forecast Growth

Separately, Craig Hallum decreased their price objective on shares of Atomera from $13.00 to $7.00 and set a “buy” rating for the company in a report on Wednesday, July 31st.

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.