Marshall Wace LLP decreased its stake in Anterix Inc. (NASDAQ:ATEX - Free Report) by 57.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,519 shares of the company's stock after selling 54,772 shares during the period. Marshall Wace LLP owned about 0.22% of Anterix worth $1,243,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in ATEX. JPMorgan Chase & Co. lifted its stake in shares of Anterix by 188.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 33,832 shares of the company's stock valued at $1,274,000 after acquiring an additional 22,092 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake 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 buying an additional 10,945 shares during the last quarter. Sei Investments Co. acquired a new position in shares of Anterix in the 4th quarter valued at about $294,000. Barclays PLC boosted its holdings in shares of Anterix by 278.2% during the 3rd quarter. Barclays PLC now owns 16,971 shares of the company's stock worth $639,000 after buying an additional 12,484 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new stake in Anterix in the fourth quarter worth $254,000. Institutional investors and hedge funds own 87.67% of the company's stock.
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. upped their price target on Anterix from $61.00 to $67.00 and gave the stock an "overweight" rating in a research note on Thursday, February 13th.
Read Our Latest Stock Analysis on Anterix
Anterix Trading Down 0.4 %
NASDAQ ATEX traded down $0.12 during mid-day trading on Friday, hitting $29.84. The company's stock had a trading volume of 92,341 shares, compared to its average volume of 168,005. The company's 50 day simple moving average is $35.04 and its 200 day simple moving average is $33.42. Anterix Inc. has a twelve month low of $27.37 and a twelve month high of $42.91. The firm has a market capitalization of $554.64 million, a price-to-earnings ratio of -18.31 and a beta of 0.95.
Anterix 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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