ATN International Inc (NASDAQ:ATNI) SVP Leonard Q. Slap sold 1,413 shares of ATN International stock in a transaction on Monday, February 26th. The shares were sold at an average price of $61.89, for a total transaction of $87,450.57. Following the sale, the senior vice president now directly owns 27,968 shares of the company’s stock, valued at approximately $1,730,939.52. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of ATN International Inc (NASDAQ:ATNI) traded up $0.95 on Wednesday, reaching $60.06. 113,551 shares of the company traded hands, compared to its average volume of 97,194. The company has a market cap of $958.48, a P/E ratio of 30.47 and a beta of 0.49. ATN International Inc has a 12-month low of $49.50 and a 12-month high of $74.96. The company has a quick ratio of 2.03, a current ratio of 2.12 and a debt-to-equity ratio of 0.17.
ATN International (NASDAQ:ATNI) last announced its earnings results on Wednesday, February 21st. The technology company reported $0.69 EPS for the quarter, topping the consensus estimate of ($0.18) by $0.87. The firm had revenue of $107.70 million for the quarter, compared to the consensus estimate of $102.81 million. ATN International had a net margin of 6.54% and a return on equity of 4.38%. equities research analysts forecast that ATN International Inc will post -0.09 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, April 6th. Investors of record on Saturday, March 31st will be issued a $0.17 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $0.68 annualized dividend and a yield of 1.13%. ATN International’s dividend payout ratio (DPR) is presently 34.69%.
ATNI has been the topic of a number of recent research reports. BidaskClub downgraded shares of ATN International from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Sidoti upgraded shares of ATN International from a “neutral” rating to a “buy” rating and set a $70.00 price target on the stock in a report on Monday, January 8th. TheStreet upgraded shares of ATN International from a “d+” rating to a “c-” rating in a report on Monday, January 8th. Finally, ValuEngine downgraded shares of ATN International from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. ATN International has a consensus rating of “Hold” and a consensus target price of $63.50.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Teachers Advisors LLC grew its position in ATN International by 6.7% in the 2nd quarter. Teachers Advisors LLC now owns 18,605 shares of the technology company’s stock worth $1,273,000 after purchasing an additional 1,171 shares during the last quarter. Nationwide Fund Advisors grew its position in ATN International by 2.2% in the 2nd quarter. Nationwide Fund Advisors now owns 8,347 shares of the technology company’s stock worth $571,000 after purchasing an additional 180 shares during the last quarter. Parametric Portfolio Associates LLC grew its position in ATN International by 12.9% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 37,527 shares of the technology company’s stock worth $2,568,000 after purchasing an additional 4,275 shares during the last quarter. River Road Asset Management LLC grew its position in ATN International by 16.8% in the 3rd quarter. River Road Asset Management LLC now owns 335,542 shares of the technology company’s stock worth $17,683,000 after purchasing an additional 48,330 shares during the last quarter. Finally, Alps Advisors Inc. acquired a new stake in ATN International in the 3rd quarter worth $453,000. Hedge funds and other institutional investors own 62.47% of the company’s stock.
ATN International Company Profile
ATN International, Inc (ATN), formerly Atlantic Tele-Network, Inc, is a holding company. The Company’s segments include U.S. Telecom, International Telecom and Renewable Energy. In the United States, it provides wholesale wireless voice and data roaming services in rural markets to national, regional, local and selected international wireless carriers.
Receive News & Ratings for ATN International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ATN International and related companies with MarketBeat.com's FREE daily email newsletter.