Atlantic Tele Network Inc /de (ATNI) Files Form 4 Insider Selling : Michael T Prior Sells 5,950 Shares

Atlantic Tele Network Inc /de (ATNI): Michael T Prior , President and CEO of Atlantic Tele Network Inc /de sold 5,950 shares on Apr 15, 2016. The Insider selling transaction was reported by the company on Apr 19, 2016 to the Securities and Exchange Commission. The shares were sold at $72.05 per share for a total value of $428,532.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 14, 2016, Leonard Q. Slap (SVP and General Counsel) sold 1,025 shares at $73.39 per share price.On Oct 8, 2015, William F Kreisher (Senior VP, Corporate Dev) sold 1,142 shares at $75.64 per share price.Also, On Apr 14, 2015, Justin D Benincasa (CFO) sold 40,000 shares at $69.02 per share price.On Mar 16, 2015, Michael T Prior (President and CEO) sold 2,700 shares at $66.37 per share price.

Shares of Atlantic Tele-Network (ATNI) ended Monday, Apr 18, 2016 session in red amid volatile trading. The shares closed down -0.18 points or -0.25% at $72.32 with 70,060 shares getting traded. Post opening the session at $72, the shares hit an intraday low of $71.88 and an intraday high of $72.81 and the price vacillated in this range throughout the day. The company has a market cap of $1,163 M and the number of outstanding shares has been calculated to be 1,60,76,094 shares. The 52-week high of Atlantic Tele-Network is $83.8 and the 52-week low is $64.15.

Atlantic Tele-Network Money Flow Index Chart

Currently the company Insiders own 33.6% of Atlantic Tele-Network shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -3.67%.Institutional Investors own 57.97% of Atlantic Tele-Network shares.During last six month period, the net percent change held by insiders has seen a change of -3.96%.

Atlantic Tele-Network Inc. is a holding company. Through its operating subsidiaries the Company provides wireless and wireline telecommunications services; owns and operates commercial distributed generation solar power systems and owns and operates terrestrial and submarine fiber optic transport systems. It operates in five segments: U.S. Wireless International Integrated Telephony Island Wireless U.S. Wireline and Renewable Energy. U.S. Wireless provides wholesale wireless voice and data roaming services in rural markets to national regional local and selected international wireless carriers. Island Wireless segment provides wireless voice and data service to retail and business customers in Bermuda. International Integrated Telephony segment includes wireless telephone service. U.S. Wireline segment provides integrated voice and broadband data communications and wholesale transport services. Renewable Energy Services provides distributed generation solar power services.

Leave a Reply

Atlantic Tele-Network - Is it time to Sell?

Top Brokerage Firms are advising their investors on Atlantic Tele-Network. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.