Bard Associates Inc. Has $449,000 Holdings in Atomera Incorporated (NASDAQ:ATOM)

Bard Associates Inc. trimmed its holdings in shares of Atomera Incorporated (NASDAQ:ATOM) by 2.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 170,775 shares of the technology company’s stock after selling 3,450 shares during the period. Bard Associates Inc.’s holdings in Atomera were worth $449,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Summit Securities Group LLC bought a new stake in shares of Atomera during the 2nd quarter worth about $31,000. Consolidated Planning Corp bought a new position in shares of Atomera in the 3rd quarter valued at approximately $40,000. GSA Capital Partners LLP lifted its holdings in Atomera by 28.0% in the 3rd 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 during the last quarter. Virtu Financial LLC bought a new stake in Atomera during the first quarter worth approximately $216,000. Finally, Westside Investment Management Inc. grew its holdings in Atomera by 13.2% during the second quarter. Westside Investment Management Inc. now owns 95,720 shares of the technology company’s stock valued at $365,000 after purchasing an additional 11,150 shares during the last quarter. 30.79% of the stock is owned by institutional investors and hedge funds.

Atomera Trading Down 6.5 %

Atomera stock opened at $5.94 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 5.25 and a quick ratio of 5.25. Atomera Incorporated has a fifty-two week low of $2.31 and a fifty-two week high of $9.19. The firm has a fifty day moving average price of $3.38 and a two-hundred day moving average price of $3.61.

Analyst Upgrades and Downgrades

Separately, Craig Hallum reduced their price objective on shares of Atomera from $13.00 to $7.00 and set a “buy” rating for the company in a research note on Wednesday, July 31st.

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.