Anterix (ATEX) Projected to Post Earnings on Tuesday

Anterix (NASDAQ:ATEX - Get Free Report) is projected to release its earnings data after the market closes on Tuesday, February 11th. Analysts expect Anterix to post earnings of ($0.57) per share and revenue of $1.81 million for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.

Anterix Stock Down 0.2 %

Shares of Anterix stock traded down $0.05 during trading on Friday, reaching $28.55. The company's stock had a trading volume of 53,559 shares, compared to its average volume of 125,806. Anterix has a 1-year low of $27.37 and a 1-year high of $42.41. The company has a 50-day simple moving average of $30.79 and a two-hundred day simple moving average of $34.18. The company has a market cap of $531.54 million, a price-to-earnings ratio of -14.13 and a beta of 0.87.

Insiders Place Their Bets

In other news, Director Mark Fleischhauer bought 3,500 shares of Anterix stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average price of $34.19 per share, for a total transaction of $119,665.00. Following the purchase, the director now directly owns 3,500 shares of the company's stock, valued at approximately $119,665. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Leslie B. Daniels purchased 2,000 shares of the company's stock in a transaction on Wednesday, November 20th. The shares were purchased at an average price of $32.75 per share, for a total transaction of $65,500.00. Following the purchase, the director now owns 2,000 shares in the company, valued at approximately $65,500. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 45.61% of the company's stock.

About Anterix

Anterix Inc operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and innovative broadband solutions. It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico.