Jane Street Group LLC Has $1.22 Million Holdings in Anterix Inc. (NASDAQ:ATEX)

Jane Street Group LLC reduced its position in shares of Anterix Inc. (NASDAQ:ATEX - Free Report) by 69.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,791 shares of the company's stock after selling 89,101 shares during the period. Jane Street Group LLC owned approximately 0.21% of Anterix worth $1,220,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Garnet Equity Capital Holdings Inc. lifted its stake in 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 purchasing an additional 97,127 shares during the last quarter. Northern Trust Corp lifted its stake in Anterix by 8.5% during the fourth quarter. Northern Trust Corp now owns 133,270 shares of the company's stock worth $4,087,000 after purchasing an additional 10,463 shares during the last quarter. Aquatic Capital Management LLC bought a new stake in Anterix during the fourth quarter worth $47,000. Two Sigma Securities LLC lifted its stake in Anterix by 5.0% during the fourth quarter. Two Sigma Securities LLC now owns 8,972 shares of the company's stock worth $275,000 after purchasing an additional 426 shares during the last quarter. Finally, ClearAlpha Technologies LP bought a new stake in Anterix during the fourth quarter worth $201,000. 87.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. upped their target price on Anterix from $61.00 to $67.00 and gave the stock an "overweight" rating in a research note on Thursday, February 13th.

Anterix Trading Down 3.1%

NASDAQ ATEX traded down $0.87 on Friday, hitting $27.10. 96,760 shares of the company's stock were exchanged, compared to its average volume of 168,845. The stock has a 50-day moving average of $31.91 and a 200-day moving average of $32.94. Anterix Inc. has a 52 week low of $27.02 and a 52 week high of $42.91. The stock has a market cap of $503.71 million, a price-to-earnings ratio of -16.63 and a beta of 0.94.

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.