Markets

Insiders Seeing Green With ATNI At New 52-Week High

Shutterstock photo
Shutterstock photo

Shutterstock photo

In trading on Tuesday, shares of ATN International Inc (Symbol: ATNI) touched a new 52-week high of $84.07/share. That's a 34.08% rise, or $21.37 per share from the 52-week low of $62.70 set back on 08/17/2016. That means at today's intraday high, any investor who purchased ATNI stock any time over the past 52 weeks has an unrealized gain, including company insiders.

Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, ATNI has seen 2 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
08/04/2016 Martin L. Budd Director 353 $70.36 $24,837.08
08/10/2016 William F. Kreisher Senior VP, Corporate Dev 1,446 $67.17 $97,128.36

The chart below shows where ATNI has traded over the past year, with the 50-day and 200-day moving averages included.

ATN International Inc Moving Averages Chart

In afternoon trading on Tuesday, ATNI shares are changing hands at $83.48/share, slightly below the new 52-week high.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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