Have Atomera Incorporated (NASDAQ:ATOM) Insiders Been Selling Their Stock?

Investors may wish to note that the President of Atomera Incorporated, Scott Bibaud, recently netted US$64k from selling stock, receiving an average price of US$9.50. However we note that the sale only shrunk their holding by 2.3%.

See our latest analysis for Atomera

The Last 12 Months Of Insider Transactions At Atomera

Notably, that recent sale by President Scott Bibaud was not the only time they sold Atomera shares this year. They previously made an even bigger sale of -US$88k worth of shares at a price of US$12.92 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$10.18. So it is hard to draw any strong conclusion from it.

In the last year Atomera insiders didn't buy any company stock. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of Atomera

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. It appears that Atomera insiders own 15% of the company, worth about US$32m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Atomera Insider Transactions Indicate?

Insiders haven't bought Atomera stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To that end, you should learn about the 5 warning signs we've spotted with Atomera (including 2 which are significant).

Of course Atomera may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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