OMERS ADMINISTRATION Corp Purchases New Stake in Atomera Incorporated (NASDAQ:ATOM)

OMERS ADMINISTRATION Corp bought a new stake in Atomera Incorporated (NASDAQ:ATOM - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 47,800 shares of the technology company's stock, valued at approximately $554,000. OMERS ADMINISTRATION Corp owned approximately 0.17% of Atomera as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Millennium Management LLC increased its stake in shares of Atomera by 33.1% in the fourth quarter. Millennium Management LLC now owns 157,738 shares of the technology company's stock valued at $1,830,000 after buying an additional 39,188 shares in the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of Atomera in the fourth quarter valued at $242,000. Baird Financial Group Inc. increased its stake in shares of Atomera by 67.5% in the fourth quarter. Baird Financial Group Inc. now owns 1,208,286 shares of the technology company's stock valued at $14,016,000 after buying an additional 486,892 shares in the last quarter. 683 Capital Management LLC acquired a new stake in shares of Atomera in the fourth quarter valued at $770,000. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in shares of Atomera in the fourth quarter valued at $242,000. 30.79% of the stock is currently owned by institutional investors and hedge funds.

Atomera Price Performance

Shares of NASDAQ:ATOM traded up $0.15 during midday trading on Friday, reaching $6.77. The company's stock had a trading volume of 315,879 shares, compared to its average volume of 474,747. Atomera Incorporated has a fifty-two week low of $2.31 and a fifty-two week high of $17.55. The company has a market capitalization of $207.87 million, a P/E ratio of -9.96 and a beta of 1.34. The company has a debt-to-equity ratio of 0.05, a current ratio of 5.25 and a quick ratio of 5.25. The business's fifty day simple moving average is $5.02 and its 200-day simple moving average is $6.95.

Atomera (NASDAQ:ATOM - Get Free Report) last announced its earnings results on Tuesday, May 6th. The technology company reported ($0.17) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.03). The business had revenue of $0.00 million during the quarter. Atomera had a negative net margin of 13,655.55% and a negative return on equity of 106.81%.

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.