ATN International, Inc. (NASDAQ:ATNI) was downgraded by equities researchers at Sidoti from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday.

A number of other research analysts have also recently commented on the company. BidaskClub upgraded ATN International from a “hold” rating to a “buy” rating in a research note on Friday, June 9th. ValuEngine raised ATN International from a “sell” rating to a “hold” rating in a report on Friday, September 1st. BWS Financial reduced their price objective on ATN International from $64.00 to $57.00 and set a “hold” rating on the stock in a research report on Monday, July 31st. Finally, Zacks Investment Research lowered ATN International from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Five research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus target price of $67.00.

Shares of ATN International (NASDAQ:ATNI) traded down 1.28% during trading on Tuesday, hitting $52.29. The stock had a trading volume of 22,795 shares. The stock has a market capitalization of $846.78 million, a price-to-earnings ratio of 39.02 and a beta of 0.61. ATN International has a one year low of $49.50 and a one year high of $87.82. The stock has a 50 day moving average price of $56.15 and a 200-day moving average price of $64.35.

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In related news, SVP Leonard Q. Slap sold 1,000 shares of ATN International stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $62.00, for a total transaction of $62,000.00. Following the sale, the senior vice president now directly owns 26,645 shares in the company, valued at approximately $1,651,990. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 32.70% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Thrivent Financial For Lutherans increased its position in ATN International by 1.0% in the 1st quarter. Thrivent Financial For Lutherans now owns 31,430 shares of the technology company’s stock valued at $2,213,000 after acquiring an additional 320 shares during the period. Teachers Advisors LLC raised its stake in shares of ATN International by 2.5% during the first quarter. Teachers Advisors LLC now owns 17,434 shares of the technology company’s stock valued at $1,228,000 after acquiring an additional 417 shares during the last quarter. Kirr Marbach & Co. LLC IN lifted its holdings in shares of ATN International by 60.4% during the second quarter. Kirr Marbach & Co. LLC IN now owns 5,405 shares of the technology company’s stock worth $370,000 after purchasing an additional 2,035 shares during the period. Dean Capital Management acquired a new position in shares of ATN International during the first quarter worth $2,053,000. Finally, Aperio Group LLC lifted its holdings in shares of ATN International by 23.1% during the second quarter. Aperio Group LLC now owns 9,537 shares of the technology company’s stock worth $653,000 after purchasing an additional 1,790 shares during the period. Hedge funds and other institutional investors own 59.22% of the company’s stock.

ATN International Company Profile

ATN International, Inc (ATN), formerly Atlantic Tele-Network, Inc, is a holding company. The Company’s segments include U.S. Telecom, International Telecom and Renewable Energy. In the United States, it provides wholesale wireless voice and data roaming services in rural markets to national, regional, local and selected international wireless carriers.

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