Anterix Inc. (NASDAQ:ATEX - Get Free Report) Director Mark Fleischhauer acquired 3,500 shares of the stock in a transaction dated Thursday, December 5th. The shares were bought at an average price of $34.19 per share, for a total transaction of $119,665.00. Following the transaction, the director now owns 3,500 shares in the company, valued at approximately $119,665. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Anterix Price Performance
Shares of ATEX opened at $34.05 on Tuesday. Anterix Inc. has a 1 year low of $29.12 and a 1 year high of $42.41. The stock has a 50 day simple moving average of $33.69 and a two-hundred day simple moving average of $35.68. The firm has a market cap of $633.94 million, a P/E ratio of -16.86 and a beta of 0.85.
Analysts Set New Price Targets
Separately, Craig Hallum upgraded Anterix to a "strong-buy" rating in a research report on Wednesday, October 9th.
Read Our Latest Research Report on Anterix
Hedge Funds Weigh In On Anterix
Several institutional investors and hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC purchased a new stake in Anterix during the second quarter valued at about $28,000. nVerses Capital LLC purchased a new stake in Anterix during the 3rd quarter valued at about $45,000. Meeder Asset Management Inc. bought a new position in Anterix during the 3rd quarter worth approximately $58,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Anterix in the 2nd quarter worth approximately $92,000. Finally, Point72 DIFC Ltd lifted its position in Anterix by 440.8% in the third quarter. Point72 DIFC Ltd now owns 2,639 shares of the company's stock valued at $99,000 after purchasing an additional 2,151 shares during the last quarter. Institutional investors own 87.67% of the company's stock.
Anterix Company Profile
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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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