Atlantic Tele Network Inc /de (ATNI) Files Form 4 Insider Selling : Justin D Benincasa Sells 5,500 Shares

Atlantic Tele Network Inc /de (ATNI): Justin D Benincasa , CFO of Atlantic Tele Network Inc /de sold 5,500 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $74.41 per share for a total value of $409,255.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 22, 2016, Michael T Prior (President and CEO) sold 850 shares at $72.21 per share price.On Mar 14, 2016, Leonard Q. Slap (SVP and General Counsel) sold 1,025 shares at $73.39 per share price.Also, On Oct 8, 2015, William F Kreisher (Senior VP, Corporate Dev) sold 1,142 shares at $75.64 per share price.On Apr 14, 2015, Justin D Benincasa (CFO) sold 40,000 shares at $69.02 per share price.

Atlantic Tele-Network: On Tuesday, May 10, 2016 heightened volatility was witnessed in Atlantic Tele-Network which led to swings in the share price. The shares opened for trading at $73.97 and hit $75.01 on the upside , eventually ending the session at $74.7, with a gain of 1.11% or 0.82 points. The heightened volatility saw the trading volume jump to 50,145 shares. The 52-week high of the share price is $83.8 and the company has a market cap of $1,201 M . The 52-week low of the share price is at $64.15.

Atlantic Tele-Network Money Flow Index Chart

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.

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