Anterix Inc. (NASDAQ:ATEX - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $33.62, but opened at $32.28. Anterix shares last traded at $33.01, with a volume of 31,957 shares traded.
Analysts Set New Price Targets
ATEX has been the subject of a number of analyst reports. Craig Hallum upgraded Anterix to a "strong-buy" rating in a research note on Wednesday, October 9th. JPMorgan Chase & Co. raised their price target on Anterix from $60.00 to $61.00 and gave the company an "overweight" rating in a research note on Thursday, August 8th.
Check Out Our Latest Research Report on ATEX
Anterix Trading Down 5.0 %
The company has a 50 day moving average price of $35.29 and a 200-day moving average price of $35.49. The company has a market cap of $593.74 million, a P/E ratio of -15.97 and a beta of 0.85.
Institutional Investors Weigh In On Anterix
A number of hedge funds and other institutional investors have recently bought and sold shares of ATEX. Motco acquired a new position in Anterix during the 1st quarter worth about $44,000. Vanguard Group Inc. lifted its holdings in Anterix by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 876,015 shares of the company's stock worth $29,443,000 after buying an additional 8,020 shares during the period. Clearbridge Investments LLC lifted its holdings in Anterix by 2.2% during the 1st quarter. Clearbridge Investments LLC now owns 318,021 shares of the company's stock worth $10,689,000 after buying an additional 6,844 shares during the period. Roubaix Capital LLC lifted its holdings in Anterix by 7.0% during the 1st quarter. Roubaix Capital LLC now owns 178,543 shares of the company's stock worth $6,001,000 after buying an additional 11,666 shares during the period. Finally, Gamco Investors INC. ET AL lifted its holdings in Anterix by 24.2% during the 1st quarter. Gamco Investors INC. ET AL now owns 93,295 shares of the company's stock worth $3,136,000 after buying an additional 18,195 shares during the period. Institutional investors own 87.67% of the company's stock.
Anterix Company Profile
(
Get 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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