Jane Street Group LLC Raises Holdings in Anterix Inc. (NASDAQ:ATEX)

Jane Street Group LLC boosted its holdings in Anterix Inc. (NASDAQ:ATEX - Free Report) by 78.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 128,892 shares of the company's stock after purchasing an additional 56,559 shares during the period. Jane Street Group LLC owned about 0.69% of Anterix worth $4,854,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC lifted its position in shares of Anterix by 76.4% during the 3rd quarter. FMR LLC now owns 250,955 shares of the company's stock valued at $9,451,000 after buying an additional 108,683 shares during the last quarter. Gabelli Funds LLC lifted its position in shares of Anterix by 4.7% during the 2nd quarter. Gabelli Funds LLC now owns 140,422 shares of the company's stock valued at $5,559,000 after buying an additional 6,322 shares during the last quarter. Marshall Wace LLP lifted its position in shares of Anterix by 250.2% during the 2nd quarter. Marshall Wace LLP now owns 58,652 shares of the company's stock valued at $2,322,000 after buying an additional 41,905 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Anterix by 8.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 50,605 shares of the company's stock valued at $2,003,000 after buying an additional 3,752 shares during the last quarter. Finally, Woodmont Investment Counsel LLC lifted its position in shares of Anterix by 2.4% during the 3rd quarter. Woodmont Investment Counsel LLC now owns 34,545 shares of the company's stock valued at $1,301,000 after buying an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 87.67% of the company's stock.

Insider Buying and Selling

In other news, Director Leslie B. Daniels acquired 2,000 shares of the business's stock in a transaction dated Wednesday, November 20th. The stock was purchased at an average cost of $32.75 per share, for a total transaction of $65,500.00. Following the acquisition, the director now owns 2,000 shares of the company's stock, valued at $65,500. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Mark Fleischhauer acquired 3,500 shares of the business's stock in a transaction dated Thursday, December 5th. The stock was purchased at an average price of $34.19 per share, with a total value of $119,665.00. Following the completion of the acquisition, the director now directly owns 3,500 shares in the company, valued at approximately $119,665. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. 45.61% of the stock is owned by company insiders.

Anterix Trading Down 5.0 %

Shares of NASDAQ ATEX traded down $1.67 during mid-day trading on Tuesday, hitting $31.90. The company had a trading volume of 90,850 shares, compared to its average volume of 150,829. The company has a market capitalization of $593.91 million, a price-to-earnings ratio of -16.28 and a beta of 0.85. Anterix Inc. has a 1 year low of $29.12 and a 1 year high of $42.41. The stock's 50-day moving average price is $33.45 and its 200-day moving average price is $35.71.

Wall Street Analyst Weigh In

Separately, Craig Hallum upgraded Anterix to a "strong-buy" rating in a research report on Wednesday, October 9th.

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.