Geode Capital Management LLC Purchases 14,818 Shares of Atomera Incorporated (NASDAQ:ATOM)

Geode Capital Management LLC increased its position in Atomera Incorporated (NASDAQ:ATOM) by 5.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 308,464 shares of the technology company’s stock after acquiring an additional 14,818 shares during the period. Geode Capital Management LLC owned about 1.07% of Atomera worth $811,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. XTX Topco Ltd bought a new position in shares of Atomera during the third quarter valued at $76,000. GSA Capital Partners LLP lifted its stake in Atomera by 28.0% during the 3rd quarter. GSA Capital Partners LLP now owns 65,428 shares of the technology company’s stock valued at $172,000 after acquiring an additional 14,327 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of Atomera during the 2nd quarter valued at about $512,000. Consolidated Planning Corp bought a new stake in shares of Atomera in the third quarter worth approximately $40,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Atomera during the third quarter valued at approximately $44,000. 30.79% of the stock is owned by institutional investors.

Atomera Trading Down 7.5 %

Shares of ATOM stock opened at $10.97 on Friday. The stock has a market capitalization of $315.69 million, a P/E ratio of -15.67 and a beta of 1.38. 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’s 50 day moving average is $8.26 and its 200 day moving average is $4.96. Atomera Incorporated has a 12-month low of $2.31 and a 12-month high of $17.55.

About Atomera

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.