Sei Investments Co. Buys New Shares in Anterix Inc. (NASDAQ:ATEX)

Sei Investments Co. purchased a new stake in Anterix Inc. (NASDAQ:ATEX - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 9,583 shares of the company's stock, valued at approximately $294,000. Sei Investments Co. owned 0.05% of Anterix as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Jane Street Group LLC increased its stake in shares of Anterix by 78.2% during the third quarter. Jane Street Group LLC now owns 128,892 shares of the company's stock worth $4,854,000 after purchasing an additional 56,559 shares during the period. JPMorgan Chase & Co. grew its holdings in Anterix by 188.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 33,832 shares of the company's stock valued at $1,274,000 after buying an additional 22,092 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in Anterix by 8,107.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 11,080 shares of the company's stock worth $333,000 after buying an additional 10,945 shares during the period. Barclays PLC lifted its holdings in shares of Anterix by 278.2% during the third quarter. Barclays PLC now owns 16,971 shares of the company's stock worth $639,000 after buying an additional 12,484 shares in the last quarter. Finally, Intech Investment Management LLC bought a new stake in shares of Anterix in the fourth quarter valued at about $254,000. 87.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

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Anterix Trading Down 0.1 %

NASDAQ:ATEX traded down $0.02 on Tuesday, hitting $32.69. The company had a trading volume of 48,985 shares, compared to its average volume of 177,721. Anterix Inc. has a 52 week low of $27.37 and a 52 week high of $42.91. The stock has a market capitalization of $607.61 million, a price-to-earnings ratio of -20.06 and a beta of 0.95. The firm has a 50 day moving average of $36.75 and a two-hundred day moving average of $33.79.

About Anterix

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.