Anterix Inc. (NASDAQ:ATEX) Position Reduced by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. trimmed its stake in shares of Anterix Inc. (NASDAQ:ATEX - Free Report) by 24.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 207,425 shares of the company's stock after selling 68,431 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 1.11% of Anterix worth $6,362,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Anterix by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 1,034,979 shares of the company's stock worth $31,743,000 after purchasing an additional 34,836 shares during the period. DG Capital Management LLC bought a new position in Anterix during the 4th quarter worth $13,158,000. Garnet Equity Capital Holdings Inc. grew its position in shares of Anterix by 33.3% during the fourth quarter. Garnet Equity Capital Holdings Inc. now owns 388,829 shares of the company's stock worth $11,925,000 after acquiring an additional 97,127 shares during the last quarter. Geode Capital Management LLC increased 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 purchasing an additional 3,398 shares during the period. Finally, Gamco Investors INC. ET AL increased its position in Anterix by 45.7% in the 4th quarter. Gamco Investors INC. ET AL now owns 148,270 shares of the company's stock valued at $4,547,000 after acquiring an additional 46,500 shares during the period. 87.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Anterix Stock Performance

NASDAQ ATEX traded up $0.12 on Thursday, reaching $28.11. The company's stock had a trading volume of 6,945 shares, compared to its average volume of 168,233. The firm's 50 day moving average is $32.38 and its two-hundred day moving average is $33.02. The stock has a market cap of $522.48 million, a PE ratio of -17.17 and a beta of 0.94. Anterix Inc. has a twelve month low of $27.31 and a twelve month high of $42.91.

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.