ATN International Inc (NASDAQ:ATNI) insider Michael T. Prior sold 2,000 shares of the stock in a transaction that occurred on Monday, June 11th. The stock was sold at an average price of $55.48, for a total value of $110,960.00. Following the completion of the sale, the insider now directly owns 402,624 shares of the company’s stock, valued at $22,337,579.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of ATNI traded up $0.21 on Thursday, reaching $53.02. 46,120 shares of the company’s stock traded hands, compared to its average volume of 84,372. The company has a current ratio of 1.80, a quick ratio of 1.71 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $854.03 million, a price-to-earnings ratio of 24.44 and a beta of 0.50. ATN International Inc has a 52-week low of $49.50 and a 52-week high of $71.25.
ATN International (NASDAQ:ATNI) last issued its quarterly earnings results on Wednesday, April 25th. The technology company reported ($0.32) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.25). The business had revenue of $104.48 million for the quarter, compared to analysts’ expectations of $106.52 million. ATN International had a net margin of 4.17% and a return on equity of 2.91%. equities research analysts predict that ATN International Inc will post -0.66 earnings per share for the current year.
Institutional investors and hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC increased its position in shares of ATN International by 29.3% during the fourth quarter. SG Americas Securities LLC now owns 6,160 shares of the technology company’s stock valued at $340,000 after acquiring an additional 1,396 shares during the last quarter. Rhumbline Advisers increased its position in shares of ATN International by 7.9% during the fourth quarter. Rhumbline Advisers now owns 31,217 shares of the technology company’s stock valued at $1,725,000 after acquiring an additional 2,296 shares during the last quarter. Eagle Boston Investment Management Inc. purchased a new stake in shares of ATN International during the first quarter valued at approximately $2,275,000. MetLife Investment Advisors LLC purchased a new stake in shares of ATN International during the fourth quarter valued at approximately $263,000. Finally, Aperio Group LLC purchased a new stake in shares of ATN International during the first quarter valued at approximately $831,000. 61.27% of the stock is owned by institutional investors.
ATN International Company Profile
ATN International, Inc, through its subsidiaries, provides wireless and wireline telecommunications services in North America, Bermuda, and the Caribbean. It operates through U.S. Telecom, International Telecom, and Renewable Energy segments. The company offers wholesale wireless voice and data roaming services; wireline local telephone and data, video, and long-distance voice services; and facilities-based integrated voice and data communications, and wholesale transport services to enterprise and residential customers.
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