Insider Buying: Atomera Inc (ATOM) Director Acquires $105,500.00 in Stock
Atomera Inc (NASDAQ:ATOM) Director Rolf Stadheim acquired 25,000 shares of Atomera stock in a transaction dated Thursday, December 7th. The stock was purchased at an average cost of $4.22 per share, with a total value of $105,500.00. Following the completion of the purchase, the director now owns 358,831 shares of the company’s stock, valued at $1,514,266.82. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Shares of Atomera Inc (NASDAQ ATOM) traded down $0.34 during trading hours on Monday, hitting $4.00. 10,800 shares of the company were exchanged, compared to its average volume of 23,361. Atomera Inc has a 12-month low of $2.45 and a 12-month high of $7.64.
Atomera (NASDAQ:ATOM) last posted its quarterly earnings results on Monday, November 6th. The technology company reported ($0.27) EPS for the quarter.
An institutional investor recently raised its position in Atomera stock. Vanguard Group Inc. raised its holdings in shares of Atomera Inc (NASDAQ:ATOM) by 63.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 222,292 shares of the technology company’s stock after purchasing an additional 86,101 shares during the period. Vanguard Group Inc.’s holdings in Atomera were worth $958,000 at the end of the most recent reporting period. 17.17% of the stock is owned by institutional investors.
Atomera Incorporated, formerly MEARS Technologies, Inc, is a development-stage company. The Company is engaged in the development, commercialization and licensing of processes and technologies for the semiconductor industry. The Company’s technology, named Mears Silicon Technology (MST), is a thin film of reengineered silicon, typically 100 to 300 angstroms (or approximately 20 to 60 silicon atomic unit cells) thick.
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