Anterix Inc. (NASDAQ:ATEX - Get Free Report) shares traded up 4.1% on Monday . The company traded as high as $37.94 and last traded at $37.23. 58,183 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 163,550 shares. The stock had previously closed at $35.76.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. lifted 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.
Read Our Latest Stock Report on Anterix
Anterix Trading Down 5.2 %
The firm has a 50 day simple moving average of $36.08 and a 200 day simple moving average of $34.19. The firm has a market capitalization of $627.50 million, a PE ratio of -20.71 and a beta of 0.95.
Institutional Investors Weigh In On Anterix
A number of hedge funds and other institutional investors have recently bought and sold shares of ATEX. DG Capital Management LLC purchased a new stake in shares of Anterix in the 4th quarter valued at $13,158,000. FMR LLC grew its holdings in shares of Anterix by 76.4% during the third quarter. FMR LLC now owns 250,955 shares of the company's stock worth $9,451,000 after buying an additional 108,683 shares in the last quarter. Garnet Equity Capital Holdings Inc. grew its position in shares of Anterix by 33.3% in the fourth quarter. Garnet Equity Capital Holdings Inc. now owns 388,829 shares of the company's stock valued at $11,925,000 after purchasing an additional 97,127 shares in the last quarter. ExodusPoint Capital Management LP purchased a new position in Anterix during the fourth quarter worth about $2,405,000. Finally, Kettle Hill Capital Management LLC acquired a new position in Anterix in the fourth quarter valued at approximately $2,353,000. Hedge funds and other institutional investors own 87.67% of the company's stock.
About Anterix
(
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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