Gamco Investors INC. ET AL Buys 46,500 Shares of Anterix Inc. (NASDAQ:ATEX)

Gamco Investors INC. ET AL boosted its stake in Anterix Inc. (NASDAQ:ATEX - Free Report) by 45.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 148,270 shares of the company's stock after buying an additional 46,500 shares during the period. Gamco Investors INC. ET AL owned approximately 0.80% of Anterix worth $4,547,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ATEX. Federated Hermes Inc. raised its position in Anterix by 74.0% during the fourth quarter. Federated Hermes Inc. now owns 1,432 shares of the company's stock valued at $44,000 after purchasing an additional 609 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Anterix by 156.7% during the fourth quarter. Russell Investments Group Ltd. now owns 1,797 shares of the company's stock worth $55,000 after purchasing an additional 1,097 shares during the period. KLP Kapitalforvaltning AS bought a new stake in shares of Anterix in the 4th quarter valued at $55,000. Wells Fargo & Company MN raised its holdings in shares of Anterix by 46.3% during the fourth quarter. Wells Fargo & Company MN now owns 5,841 shares of the company's stock valued at $179,000 after purchasing an additional 1,849 shares during the period. Finally, Martingale Asset Management L P acquired a new stake in Anterix in the fourth quarter valued at approximately $204,000. 87.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. upped their target price on shares of Anterix from $61.00 to $67.00 and gave the stock an "overweight" rating in a report on Thursday, February 13th.

Anterix Trading Up 0.8 %

Shares of ATEX traded up $0.27 on Friday, reaching $32.58. 85,978 shares of the company's stock traded hands, compared to its average volume of 168,486. The stock's 50 day simple moving average is $36.91 and its two-hundred day simple moving average is $33.70. Anterix Inc. has a 52-week low of $27.37 and a 52-week high of $42.91. The stock has a market cap of $605.56 million, a PE ratio of -19.99 and a beta of 0.95.

Anterix Profile

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.