Sargent Investment Group LLC Purchases 186,240 Shares of Atomera Incorporated (NASDAQ:ATOM)

Sargent Investment Group LLC boosted its position in Atomera Incorporated (NASDAQ:ATOM) by 200.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 279,185 shares of the technology company’s stock after purchasing an additional 186,240 shares during the period. Sargent Investment Group LLC owned approximately 0.97% of Atomera worth $2,945,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Consolidated Planning Corp bought a new stake in Atomera during the 3rd quarter valued at about $40,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Atomera during the third quarter valued at approximately $44,000. XTX Topco Ltd bought a new stake in shares of Atomera during the third quarter valued at approximately $76,000. Brendel Financial Advisors LLC purchased a new stake in shares of Atomera in the fourth quarter valued at approximately $124,000. Finally, GSA Capital Partners LLP grew its stake in Atomera by 28.0% in the third quarter. GSA Capital Partners LLP now owns 65,428 shares of the technology company’s stock worth $172,000 after purchasing an additional 14,327 shares in the last quarter. Institutional investors own 30.79% of the company’s stock.

Atomera Trading Up 9.3 %

NASDAQ:ATOM opened at $9.05 on Wednesday. The firm has a 50-day simple moving average of $9.50 and a 200-day simple moving average of $5.59. Atomera Incorporated has a one year low of $2.31 and a one year high of $17.55. The firm has a market cap of $260.46 million, a P/E ratio of -12.93 and a beta of 1.38. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.25 and a current ratio of 5.25.

Atomera 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.