Anterix Inc. (NASDAQ:ATEX) Position Increased by Fmr LLC

FMR LLC raised its position in shares of Anterix Inc. (NASDAQ:ATEX - Free Report) by 76.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 250,955 shares of the company's stock after buying an additional 108,683 shares during the quarter. FMR LLC owned about 1.35% of Anterix worth $9,451,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Meeder Asset Management Inc. bought a new position in shares of Anterix during the third quarter valued at approximately $58,000. Quest Partners LLC bought a new position in shares of Anterix during the third quarter valued at approximately $759,000. Versor Investments LP bought a new position in shares of Anterix during the third quarter valued at approximately $211,000. Los Angeles Capital Management LLC grew its holdings in shares of Anterix by 25.8% during the third quarter. Los Angeles Capital Management LLC now owns 9,800 shares of the company's stock valued at $369,000 after purchasing an additional 2,009 shares during the last quarter. Finally, Woodmont Investment Counsel LLC grew its holdings in shares of Anterix by 2.4% during the third quarter. Woodmont Investment Counsel LLC now owns 34,545 shares of the company's stock valued at $1,301,000 after purchasing an additional 800 shares during the last quarter. Institutional investors and hedge funds own 87.67% of the company's stock.

Anterix Price Performance

ATEX stock traded down $0.26 on Thursday, reaching $33.90. The company's stock had a trading volume of 53,427 shares, compared to its average volume of 151,466. Anterix Inc. has a 52 week low of $29.12 and a 52 week high of $42.41. The company has a market capitalization of $631.15 million, a P/E ratio of -16.91 and a beta of 0.85. The firm has a fifty day moving average of $33.57 and a two-hundred day moving average of $35.68.

Insider Activity

In other Anterix news, Director Mark Fleischhauer bought 3,500 shares of the firm's stock in a transaction dated Thursday, December 5th. The stock was acquired at an average price of $34.19 per share, with a total value of $119,665.00. Following the completion of the transaction, the director now directly owns 3,500 shares in the company, valued at approximately $119,665. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Leslie B. Daniels bought 2,000 shares of the firm's stock in a transaction dated Wednesday, November 20th. The stock was acquired at an average cost of $32.75 per share, with a total value of $65,500.00. Following the transaction, the director now owns 2,000 shares of the company's stock, valued at $65,500. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 45.61% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Craig Hallum raised Anterix to a "strong-buy" rating in a report on Wednesday, October 9th.

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.