ATLN jumps after new government contract and fresh quarterly filing

By: Quiver PriceTracker

Posted: 1 day, 13 hours ago / June 23, 2026 2:56 p.m. UTC

ATLN

Atlantic International Corp. (ATLN) is up 146.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The sharp move appears tied primarily to a new four-year government contract announced on June 23, 2026, which gave investors a fresh growth catalyst one day after the company filed its delayed quarterly report. The combination of a sizable public-sector award, record first-quarter revenue, and the removal of a recent filing overhang likely helped drive the surge.

Details:

The company said Seven Stars B.V., part of its Circle8 platform, won a four-year framework agreement from the Dutch Vehicle Authority with a minimum value of about $52 million.

Management said recent public-sector contract wins across Circle8 now exceed $430 million, including a previously announced four-year Dutch education-related contract valued at roughly $380 million.

On June 22, 2026, Atlantic International filed its Form 10-Q and reported first-quarter revenue of about $249.9 million, up 143% from a year earlier, with gross profit of about $21.4 million.

Earlier this month, the company had disclosed a Nasdaq notice tied to its late 10-Q, so the new filing and contract news together may have improved sentiment around execution and compliance.

Sources:

GlobeNewswire, SEC, Nasdaq

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$ATLN Hedge Fund Activity

We have seen 34 institutional investors add shares of $ATLN stock to their portfolio, and 18 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 202,861 shares (+69.2%) to their portfolio in Q1 2026, for an estimated $614,668
GEODE CAPITAL MANAGEMENT, LLC added 191,529 shares (+68.0%) to their portfolio in Q1 2026, for an estimated $580,332
AQR CAPITAL MANAGEMENT LLC added 45,383 shares (+inf%) to their portfolio in Q1 2026, for an estimated $137,510
STATE STREET CORP added 40,600 shares (+39.1%) to their portfolio in Q1 2026, for an estimated $123,017
NORTHERN TRUST CORP added 30,577 shares (+39.1%) to their portfolio in Q1 2026, for an estimated $92,648
MORGAN STANLEY removed 23,152 shares (-88.6%) from their portfolio in Q1 2026, for an estimated $70,150
CITADEL ADVISORS LLC added 22,244 shares (+inf%) to their portfolio in Q1 2026, for an estimated $67,399

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.