Atlantic Tele-Network (ATNI) was Initiated by Drexel Hamilton to “Buy”. Drexel Hamilton advised their investors in a research report released on Jun 22, 2016.
Atlantic Tele-Network opened for trading at $76 and hit $77.03 on the upside on Tuesday, eventually ending the session at $76.84, with a gain of 1.56% or 1.18 points. The heightened volatility saw the trading volume jump to 77,385 shares. Company has a market cap of $1,240 M.
In a different news, on Jun 6, 2016, Michael T Prior (President and CEO) sold 2,400 shares at $72.45 per share price. According to the SEC, on May 12, 2016, Justin D Benincasa (CFO) sold 5,500 shares at $74.41 per share price. On Mar 14, 2016, Leonard Q. Slap (SVP and General Counsel) sold 1,025 shares at $73.39 per share price, according to the Form-4 filing with the securities and exchange commission.
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.