Tue Sep 17 07:20:58 UTC 2024: ## Bank of New York Mellon Cuts Stake in ATN International, Other Investors Adjust Holdings

**New York, NY – September 17, 2024** – Bank of New York Mellon Corp. reduced its position in ATN International, Inc. (NASDAQ:ATNI) by 32.8% during the second quarter, according to a recent SEC filing. The firm now owns 111,475 shares valued at $2,542,000.

This move follows a trend of adjustments in ATNI holdings by other institutional investors and hedge funds. GAMMA Investing LLC increased its stake by 72.2%, while BNP Paribas Financial Markets boosted their holdings by 52.6%. Keeley Teton Advisors LLC and Brown Brothers Harriman & Co. also grew their positions in the fourth quarter. Overall, 65.50% of ATNI shares are owned by institutional investors.

ATN International, a provider of digital infrastructure and communication services, saw its stock open at $29.99 on Tuesday. The company boasts a market capitalization of $459.36 million and has seen recent analyst reports, including an upgrade from StockNews.com to a “buy” rating.

While Bank of New York Mellon’s decision to decrease its stake raises questions, the overall investor activity suggests ongoing interest in ATNI’s potential.

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