Trexquant Investment LP lessened its stake in shares of Anterix Inc. (NASDAQ:ATEX - Free Report) by 73.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,814 shares of the company's stock after selling 52,386 shares during the period. Trexquant Investment LP owned 0.10% of Anterix worth $577,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently modified their holdings of ATEX. Geode Capital Management LLC grew its stake in shares of Anterix by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 358,882 shares of the company's stock valued at $11,010,000 after buying an additional 3,398 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Anterix by 91.2% in the fourth quarter. JPMorgan Chase & Co. now owns 64,692 shares of the company's stock valued at $1,984,000 after purchasing an additional 30,860 shares during the period. Vanguard Group Inc. grew its holdings in shares of Anterix by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 1,034,979 shares of the company's stock valued at $31,743,000 after purchasing an additional 34,836 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in Anterix in the fourth quarter valued at approximately $55,000. Finally, Sei Investments Co. acquired a new stake in Anterix during the fourth quarter worth approximately $294,000. Hedge funds and other institutional investors own 87.67% of the company's stock.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. increased their target price 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.
Check Out Our Latest Stock Analysis on ATEX
Anterix Price Performance
Shares of ATEX traded up $0.27 during mid-day trading on Friday, reaching $32.58. 85,978 shares of the company's stock were exchanged, compared to its average volume of 167,946. 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 $605.56 million, a PE ratio of -19.99 and a beta of 0.95. The business's fifty day simple moving average is $36.98 and its 200-day simple moving average is $33.73.
Anterix Company Profile
(
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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