Advisory Services Network buys $168,980 stake in Atlantic Tele-Network (ATNI)

Atlantic Tele-Network (ATNI) : Advisory Services Network scooped up 2 additional shares in Atlantic Tele-Network during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 2,583 shares of Atlantic Tele-Network which is valued at $168,980.Atlantic Tele-Network makes up approximately 0.03% of Advisory Services Network’s portfolio.

Other Hedge Funds, Including , First Mercantile Trust Co reduced its stake in ATNI by selling 120 shares or 7.43% in the most recent quarter. The Hedge Fund company now holds 1,496 shares of ATNI which is valued at $97,868. Atlantic Tele-Network makes up approx 0.01% of First Mercantile Trust Co’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in ATNI by selling 1,724 shares or 48.96% in the most recent quarter. The Hedge Fund company now holds 1,797 shares of ATNI which is valued at $118,656.

Atlantic Tele-Network opened for trading at $65.49 and hit $65.83 on the upside on Friday, eventually ending the session at $65.42, with a gain of 0.20% or 0.13 points. The heightened volatility saw the trading volume jump to 58,782 shares. Company has a market cap of $1,057 M.

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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