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

Jane Street Group LLC lowered its stake in shares of Anterix Inc. (NASDAQ:ATEX - Free Report) by 69.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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 0.21% of Anterix worth $1,220,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in Anterix by 188.2% during the third quarter. JPMorgan Chase & Co. now owns 33,832 shares of the company's stock worth $1,274,000 after acquiring an additional 22,092 shares in the last quarter. Inspire Investing LLC increased its stake in shares of Anterix by 19.4% during the 4th quarter. Inspire Investing LLC now owns 13,018 shares of the company's stock worth $399,000 after purchasing an additional 2,115 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Anterix by 8,107.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 11,080 shares of the company's stock valued at $333,000 after purchasing an additional 10,945 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Anterix by 0.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 134,400 shares of the company's stock valued at $4,122,000 after purchasing an additional 1,183 shares during the period. Finally, Intech Investment Management LLC bought a new position in Anterix during the fourth quarter worth about $254,000. Institutional investors own 87.67% of the company's stock.

Analyst Upgrades and Downgrades

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

Anterix Stock Down 3.1%

Shares of ATEX traded down $0.87 during trading hours on Monday, hitting $27.10. The company had a trading volume of 96,760 shares, compared to its average volume of 169,210. The firm has a market cap of $503.71 million, a price-to-earnings ratio of -16.63 and a beta of 0.94. The business has a fifty day moving average of $31.68 and a 200-day moving average of $32.86. Anterix Inc. has a 12 month low of $27.02 and a 12 month high of $42.91.

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.