ATN International Inc (ATNI) Receives $69.26 Average Target Price from Analysts

Share on StockTwits

ATN International Inc (NASDAQ:ATNI) has received a consensus rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $69.26.

Several research analysts have recently weighed in on the stock. BidaskClub lowered shares of ATN International from a “sell” rating to a “strong sell” rating in a research note on Friday. Zacks Investment Research upgraded shares of ATN International from a “hold” rating to a “buy” rating and set a $81.00 price objective on the stock in a research note on Tuesday, January 1st. Maxim Group assumed coverage on shares of ATN International in a research note on Monday, December 3rd. They set a “hold” rating and a $82.02 price objective on the stock. Finally, ValuEngine upgraded shares of ATN International from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 24th.

ATN International stock opened at $72.57 on Friday. The stock has a market cap of $1.16 billion, a PE ratio of 33.29 and a beta of 0.53. ATN International has a fifty-two week low of $49.34 and a fifty-two week high of $88.78. The company has a current ratio of 1.62, a quick ratio of 1.59 and a debt-to-equity ratio of 0.11.

In related news, CFO Justin D. Benincasa sold 3,000 shares of ATN International stock in a transaction dated Friday, January 11th. The shares were sold at an average price of $76.40, for a total transaction of $229,200.00. Following the completion of the sale, the chief financial officer now owns 56,466 shares of the company’s stock, valued at approximately $4,314,002.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Justin D. Benincasa sold 5,000 shares of ATN International stock in a transaction dated Tuesday, December 11th. The stock was sold at an average price of $77.13, for a total transaction of $385,650.00. Following the sale, the chief financial officer now directly owns 60,507 shares of the company’s stock, valued at approximately $4,666,904.91. The disclosure for this sale can be found here. 32.80% of the stock is owned by insiders.

Several hedge funds have recently made changes to their positions in ATNI. Strs Ohio boosted its holdings in shares of ATN International by 92.5% during the 3rd quarter. Strs Ohio now owns 7,700 shares of the technology company’s stock worth $568,000 after buying an additional 3,700 shares during the period. Acadian Asset Management LLC bought a new stake in shares of ATN International during the 3rd quarter worth about $320,000. SG Americas Securities LLC boosted its holdings in shares of ATN International by 2.3% during the 3rd quarter. SG Americas Securities LLC now owns 32,268 shares of the technology company’s stock worth $2,384,000 after buying an additional 719 shares during the period. Advisor Partners LLC bought a new stake in shares of ATN International during the 3rd quarter worth about $268,000. Finally, Eagle Boston Investment Management Inc. boosted its holdings in shares of ATN International by 41.0% during the 3rd quarter. Eagle Boston Investment Management Inc. now owns 87,528 shares of the technology company’s stock worth $6,466,000 after buying an additional 25,431 shares during the period. 67.66% of the stock is owned by institutional investors and hedge funds.

About ATN International

ATN International, Inc, through its subsidiaries, provides wireless and wireline telecommunications services in North America, Bermuda, and the Caribbean. It operates through U.S. Telecom, International Telecom, and Renewable Energy segments. The company offers wholesale wireless voice and data roaming services; wireline local telephone and data, video, and long-distance voice services; and facilities-based integrated voice and data communications, and wholesale transport services to enterprise and residential customers.

Featured Article: 52-Week High/Low Prices For Stock Selection

Receive News & Ratings for ATN International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ATN International and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply