ATN International, Inc. (NASDAQ:ATNI) SVP Leonard Q. Slap sold 1,000 shares of the firm’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $62.00, for a total transaction of $62,000.00. Following the completion of the sale, the senior vice president now directly owns 26,645 shares of the company’s stock, valued at approximately $1,651,990. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of ATN International, Inc. (NASDAQ ATNI) traded down 0.51% during mid-day trading on Tuesday, reaching $60.84. 1,939 shares of the company’s stock traded hands. The stock has a market capitalization of $985.24 million, a PE ratio of 45.40 and a beta of 0.70. The company’s 50-day moving average price is $66.61 and its 200-day moving average price is $70.20. ATN International, Inc. has a 12-month low of $57.81 and a 12-month high of $87.82.

The company also recently declared a quarterly dividend, which was paid on Monday, July 10th. Stockholders of record on Friday, June 30th were paid a $0.34 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $1.36 annualized dividend and a dividend yield of 2.22%. ATN International’s dividend payout ratio (DPR) is 100.00%.

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Several hedge funds have recently bought and sold shares of the stock. First Mercantile Trust Co. boosted its stake in ATN International by 1.4% in the second quarter. First Mercantile Trust Co. now owns 1,456 shares of the technology company’s stock valued at $100,000 after buying an additional 20 shares during the period. Arizona State Retirement System boosted its stake in ATN International by 1.8% in the first quarter. Arizona State Retirement System now owns 5,553 shares of the technology company’s stock valued at $391,000 after buying an additional 100 shares during the period. Strs Ohio boosted its stake in ATN International by 5.9% in the second quarter. Strs Ohio now owns 3,600 shares of the technology company’s stock valued at $246,000 after buying an additional 200 shares during the period. Thrivent Financial For Lutherans boosted its stake in ATN International by 1.0% in the first quarter. Thrivent Financial For Lutherans now owns 31,430 shares of the technology company’s stock valued at $2,213,000 after buying an additional 320 shares during the period. Finally, Jupiter Asset Management Ltd. boosted its stake in ATN International by 0.4% in the first quarter. Jupiter Asset Management Ltd. now owns 84,392 shares of the technology company’s stock valued at $5,943,000 after buying an additional 372 shares during the period. 58.81% of the stock is owned by institutional investors and hedge funds.

Several analysts have issued reports on the stock. Zacks Investment Research raised shares of ATN International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 25th. BidaskClub raised shares of ATN International from a “hold” rating to a “buy” rating in a research note on Friday, June 9th. Sidoti assumed coverage on shares of ATN International in a research note on Friday, June 2nd. They issued a “buy” rating for the company. TheStreet downgraded shares of ATN International from a “b-” rating to a “c+” rating in a research note on Wednesday, May 17th. Finally, BWS Financial decreased their price objective on shares of ATN International from $64.00 to $57.00 and set a “hold” rating for the company in a research note on Monday, July 31st. One analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $67.00.

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.

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