Atlantic Tele-Network Inc. (NASDAQ:ATNI) fell 1.7% on Monday . The stock traded as low as $63.75 and last traded at $63.97, with a volume of 76,296 shares trading hands. The stock had previously closed at $65.09.

Several brokerages have recently weighed in on ATNI. Drexel Hamilton began coverage on Atlantic Tele-Network in a research note on Wednesday, June 22nd. They issued a “buy” rating for the company. Zacks Investment Research raised Atlantic Tele-Network from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 29th.

The firm’s 50 day moving average is $75.71 and its 200 day moving average is $74.45. The company has a market capitalization of $1.03 billion and a P/E ratio of 75.08.

Atlantic Tele-Network (NASDAQ:ATNI) last posted its quarterly earnings data on Wednesday, July 27th. The company reported ($0.59) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by $0.67. The company earned $100 million during the quarter, compared to the consensus estimate of $94.67 million. Equities analysts expect that Atlantic Tele-Network Inc. will post $0.85 EPS for the current year.

In related news, CEO Michael T. Prior sold 2,400 shares of Atlantic Tele-Network stock in a transaction on Friday, June 3rd. The stock was sold at an average price of $72.29, for a total transaction of $173,496.00. Following the completion of the sale, the chief executive officer now owns 371,497 shares of the company’s stock, valued at $26,855,518.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael T. Prior sold 2,819 shares of Atlantic Tele-Network stock in a transaction on Tuesday, July 5th. The shares were sold at an average price of $77.52, for a total value of $218,528.88. Following the sale, the chief executive officer now directly owns 369,778 shares of the company’s stock, valued at approximately $28,665,190.56. The disclosure for this sale can be found here.

A number of large investors have bought and sold shares of the stock. Dimensional Fund Advisors LP raised its stake in Atlantic Tele-Network by 7.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 647,887 shares of the company’s stock valued at $50,685,000 after buying an additional 44,363 shares in the last quarter. Dean Investment Associates LLC raised its stake in shares of Atlantic Tele-Network by 6.2% in the fourth quarter. Dean Investment Associates LLC now owns 46,235 shares of the company’s stock valued at $3,617,000 after buying an additional 2,715 shares during the period. Systematic Financial Management LP purchased a new stake in shares of Atlantic Tele-Network during the fourth quarter valued at about $1,769,000. Bank of Montreal Can raised its stake in shares of Atlantic Tele-Network by 10.5% in the fourth quarter. Bank of Montreal Can now owns 162,082 shares of the company’s stock valued at $12,680,000 after buying an additional 15,424 shares during the period. Finally, Rhumbline Advisers raised its stake in shares of Atlantic Tele-Network by 2.3% in the fourth quarter. Rhumbline Advisers now owns 22,918 shares of the company’s stock valued at $1,793,000 after buying an additional 505 shares during the period.

Atlantic Tele-Network, Inc (ATN) is a holding company. The Company, through its subsidiaries, provides wireless and wireline telecommunications services in North America, Bermuda and the Caribbean; owns and operates commercial distributed generation solar power systems in the United States, and owns and operates terrestrial and submarine fiber optic transport systems in the United States and the Caribbean, respectively.

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