Trexquant Investment LP cut its holdings in shares of Anterix Inc. (NASDAQ:ATEX - Free Report) by 73.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,814 shares of the company's stock after selling 52,386 shares during the period. Trexquant Investment LP owned about 0.10% of Anterix worth $577,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in ATEX. Vanguard Group Inc. increased its stake in Anterix by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 1,034,979 shares of the company's stock worth $31,743,000 after buying an additional 34,836 shares during the period. Geode Capital Management LLC increased its position in shares of Anterix by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 358,882 shares of the company's stock worth $11,010,000 after acquiring an additional 3,398 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Anterix by 0.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 134,400 shares of the company's stock valued at $4,122,000 after acquiring an additional 1,183 shares in the last quarter. Jane Street Group LLC boosted its holdings in Anterix by 78.2% in the third quarter. Jane Street Group LLC now owns 128,892 shares of the company's stock valued at $4,854,000 after purchasing an additional 56,559 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in Anterix by 91.2% during the 4th quarter. JPMorgan Chase & Co. now owns 64,692 shares of the company's stock worth $1,984,000 after purchasing an additional 30,860 shares in the last quarter. Hedge funds and other institutional investors own 87.67% of the company's stock.
Anterix Stock Down 0.5 %
NASDAQ ATEX traded down $0.16 on Tuesday, hitting $32.55. 124,085 shares of the stock were exchanged, compared to its average volume of 168,171. Anterix Inc. has a fifty-two week low of $27.37 and a fifty-two week high of $42.91. The company has a 50-day moving average price of $36.75 and a 200-day moving average price of $33.79. The company has a market cap of $605.01 million, a PE ratio of -19.97 and a beta of 0.95.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. increased their price target on Anterix from $61.00 to $67.00 and gave the company an "overweight" rating in a research report on Thursday, February 13th.
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Anterix Profile
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Free Report)
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.
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