Atlantic Tele Network Inc Stock Rise in 2015 Q3 Driven by Institutional Investors

Sentiment for Atlantic Tele Network Inc (NASDAQ:ATNI)

Atlantic Tele Network Inc (NASDAQ:ATNI) institutional sentiment decreased to 1.25 in 2015 Q3. Its down -0.21, from 1.46 in 2015Q2. The ratio fall, as 70 funds increased and started new stock positions, while 56 cut down and sold their stock positions in Atlantic Tele Network Inc. The funds in our partner’s database now possess: 16.12 million shares, up from 9.46 million shares in 2015Q2. Also, the number of funds holding Atlantic Tele Network Inc in their top 10 stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 15 Reduced: 41 Increased: 51 New Position: 19.

Atlantic Tele-Network, Inc. is a holding company. The company has a market cap of $1.21 billion. 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 has 74.45 P/E ratio. It operates in five divisions: U.S.

About 23,810 shares traded hands. Atlantic Tele-Network, Inc. (NASDAQ:ATNI) has risen 4.75% since July 27, 2015 and is uptrending. It has outperformed by 9.07% the S&P500.

According to Zacks Investment Research, “Atlantic Tele-Network, Inc. is a telecommunications company with corporate offices in Salem, Massachusetts and St. Thomas, U.S. Virgin Islands. Its principal subsidiaries include: Guyana Telephone and Telegraph Company, Limited, which is the national telephone service provider for all local, long-distance and international service, as well as the largest cellular service provider, in the Cooperative Republic of Guyana; Commnet Wireless, LLC, which provides voice and data wireless roaming services for U.S. and international carriers in rural areas throughout the United States; Sovernet, Inc., which provides wireline voice and data services to businesses and homes in New England; and Choice Communications, LLC, which provides wireless television and wireless broadband services, as well as dial-up internet services in the U.S. Virgin Islands.”

Kenmare Capital Partners L.L.C. holds 3.86% of its portfolio in Atlantic Tele-Network, Inc. for 80,961 shares. Dean Capital Management owns 16,535 shares or 1.7% of their US portfolio. Moreover, Gw Capital Inc has 1.37% invested in the company for 285,213 shares. The Alberta - Canada-based Mawer Investment Management Ltd. has invested 0.99% in the stock. Malaga Cove Capital Llc, a California-based fund reported 16,431 shares.#img1#

Since March 16, 2015, the stock had 0 insider buys, and 2 insider sales for $159,792 net activity. Kreisher William F sold 1,142 shares worth $86,142. Slap Leonard Q. sold 975 shares worth $64,799. Benincasa Justin D sold 40,000 shares worth $2.76M. Prior Michael T sold 2,700 shares worth $179,253.

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