Anterix Inc. (NASDAQ:ATEX) Shares Purchased by Barclays PLC

Barclays PLC raised its stake in Anterix Inc. (NASDAQ:ATEX - Free Report) by 124.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,025 shares of the company's stock after acquiring an additional 21,054 shares during the quarter. Barclays PLC owned approximately 0.20% of Anterix worth $1,166,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in Anterix by 188.2% in the third 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 boosted its position in Anterix by 8,107.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 11,080 shares of the company's stock worth $333,000 after purchasing an additional 10,945 shares in the last quarter. Sei Investments Co. acquired a new stake in Anterix in the fourth quarter valued at approximately $294,000. Intech Investment Management LLC purchased a new stake in shares of Anterix in the fourth quarter valued at approximately $254,000. Finally, Vanguard Group Inc. raised its stake in shares of Anterix by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 1,034,979 shares of the company's stock worth $31,743,000 after buying an additional 34,836 shares during the period. Institutional investors and hedge funds own 87.67% of the company's stock.

Analysts Set New Price Targets

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

Anterix Trading Up 1.1 %

ATEX traded up $0.30 on Friday, hitting $28.82. 65,208 shares of the company's stock were exchanged, compared to its average volume of 168,797. Anterix Inc. has a fifty-two week low of $27.31 and a fifty-two week high of $42.91. The stock has a market cap of $535.68 million, a price-to-earnings ratio of -17.68 and a beta of 0.94. The firm has a 50-day moving average price of $33.93 and a 200-day moving average price of $33.27.

Anterix Company 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.