Heard Capital LLC trimmed its holdings in Anterix Inc. (NASDAQ:ATEX - Free Report) by 1.2% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,752,138 shares of the company's stock after selling 20,552 shares during the quarter. Anterix comprises approximately 3.7% of Heard Capital LLC's portfolio, making the stock its 12th biggest position. Heard Capital LLC owned about 9.43% of Anterix worth $65,986,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of ATEX. Allspring Global Investments Holdings LLC bought a new stake in Anterix in the 2nd quarter valued at $28,000. nVerses Capital LLC purchased a new stake in Anterix during the 3rd quarter valued at $45,000. Meeder Asset Management Inc. bought a new stake in shares of Anterix in the 3rd quarter worth about $58,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Anterix during the second quarter valued at approximately $92,000. Finally, Jupiter Asset Management Ltd. purchased a new position in Anterix in the 2nd quarter worth about $200,000. Hedge funds and other institutional investors own 87.67% of the company's stock.
Analyst Ratings Changes
Several brokerages have weighed in on ATEX. Craig Hallum upgraded Anterix to a "strong-buy" rating in a report on Wednesday, October 9th. JPMorgan Chase & Co. raised their target price on shares of Anterix from $60.00 to $61.00 and gave the company an "overweight" rating in a research report on Thursday, August 8th.
View Our Latest Stock Report on Anterix
Anterix Price Performance
ATEX remained flat at $33.98 during trading on Tuesday. 106,861 shares of the company's stock traded hands, compared to its average volume of 153,330. The business's fifty day simple moving average is $34.10 and its 200 day simple moving average is $35.64. Anterix Inc. has a 52 week low of $29.12 and a 52 week high of $42.41.
Insider Buying and Selling at Anterix
In other Anterix news, Director Leslie B. Daniels acquired 2,000 shares of the firm's stock in a transaction on Wednesday, November 20th. The stock was acquired at an average cost of $32.75 per share, for a total transaction of $65,500.00. Following the purchase, the director now owns 2,000 shares in the company, valued at approximately $65,500. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 45.61% of the stock is currently owned by company insiders.
About Anterix
(
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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