Atomera Incorporated (NASDAQ:ATOM) Shares Sold by Westside Investment Management Inc.

Westside Investment Management Inc. reduced its stake in shares of Atomera Incorporated (NASDAQ:ATOM) by 7.2% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 84,570 shares of the technology company’s stock after selling 6,605 shares during the period. Westside Investment Management Inc. owned approximately 0.31% of Atomera worth $521,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. WealthTrust Axiom LLC acquired a new stake in shares of Atomera during the 4th quarter valued at about $70,000. Channel Wealth LLC grew its position in shares of Atomera by 14.7% during the 4th quarter. Channel Wealth LLC now owns 62,900 shares of the technology company’s stock valued at $441,000 after acquiring an additional 8,050 shares during the period. Quantum Private Wealth LLC grew its position in shares of Atomera by 24.9% during the 4th quarter. Quantum Private Wealth LLC now owns 240,646 shares of the technology company’s stock valued at $1,687,000 after acquiring an additional 48,000 shares during the period. Finally, Avenir Corp grew its position in shares of Atomera by 18.1% during the 4th quarter. Avenir Corp now owns 372,761 shares of the technology company’s stock valued at $2,613,000 after acquiring an additional 57,045 shares during the period. 30.79% of the stock is owned by institutional investors and hedge funds.

Atomera Stock Up 0.3 %

NASDAQ:ATOM opened at $3.87 on Thursday. Atomera Incorporated has a 52 week low of $3.60 and a 52 week high of $9.39. The company has a debt-to-equity ratio of 0.08, a quick ratio of 6.78 and a current ratio of 6.78. The stock’s 50-day moving average price is $4.17 and its 200-day moving average price is $5.85.

Atomera (NASDAQ:ATOM) last posted its earnings results on Wednesday, May 1st. The technology company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.04). The firm had revenue of $0.02 million during the quarter.

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.