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Atlantic TeleNetwork Inc. (ATNI) CFO Justin D Benincasa sells 1,550 Shares

Dec 01, 2011 | About:
insider
insider
CFO of Atlantic TeleNetwork Inc. (ATNI) Justin D Benincasa sells 1,550 shares of ATNI on 11/30/2011 at an average price of $41 a share.

Atlantic Telenetwork Inc. has a market cap of $637.6 million; its shares were traded at around $41.4 with a P/E ratio of 35.4 and P/S ratio of 1. The dividend yield of Atlantic Telenetwork Inc. stocks is 2.2%. Atlantic Telenetwork Inc. had an annual average earning growth of 16% over the past 10 years. GuruFocus rated Atlantic Telenetwork Inc. the business predictability rank of 3-star.

This is the annual revenues and earnings per share of ATNI over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of ATNI.


CEO Recent Trades:


  • President and CEO Michael T Prior sold 2,500 shares of ATNI stock on 11/29/2011 at the average price of 39.5. Michael T Prior owns at least 127,666 shares after this. The price of the stock has increased by 4.81% since.
  • President and CEO Michael T Prior sold 2,500 shares of ATNI stock on 11/18/2011 at the average price of 40. Michael T Prior owns at least 130,166 shares after this. The price of the stock has increased by 3.5% since.
  • President and CEO Michael T Prior sold 2,500 shares of ATNI stock on 11/17/2011 at the average price of 39.5. Michael T Prior owns at least 132,666 shares after this. The price of the stock has increased by 4.81% since.

This is the insider trade history vs. stock price of ATNI. For the complete insider trading history of ATNI, click here.




Directors and Officers Recent Trades:


  • Senior VP, Corporate Dev William F Kreisher sold 1,000 shares of ATNI stock on 11/08/2011 at the average price of 42.25. William F Kreisher owns at least 19,087 shares after this. The price of the stock has decreased by 2.01% since.


For the complete insider trading history of ATNI, click here.

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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