Sei Investments Co. Takes $294,000 Position in Anterix Inc. (NASDAQ:ATEX)

Sei Investments Co. acquired a new stake in Anterix Inc. (NASDAQ:ATEX - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 9,583 shares of the company's stock, valued at approximately $294,000. Sei Investments Co. owned about 0.05% of Anterix at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FMR LLC lifted its stake in shares of Anterix by 76.4% during the 3rd quarter. FMR LLC now owns 250,955 shares of the company's stock worth $9,451,000 after buying an additional 108,683 shares during the last quarter. Jane Street Group LLC grew its position in shares of Anterix by 78.2% in the third quarter. Jane Street Group LLC now owns 128,892 shares of the company's stock valued at $4,854,000 after purchasing an additional 56,559 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of 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 purchasing an additional 22,092 shares during the period. Barclays PLC boosted its stake in Anterix by 278.2% in the 3rd quarter. Barclays PLC now owns 16,971 shares of the company's stock valued at $639,000 after purchasing an additional 12,484 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its stake in 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. 87.67% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Anterix Trading Down 0.3 %

NASDAQ:ATEX traded down $0.09 on Wednesday, reaching $32.47. 2,225 shares of the stock traded hands, compared to its average volume of 167,513. The firm has a market capitalization of $603.43 million, a price-to-earnings ratio of -19.92 and a beta of 0.95. Anterix Inc. has a 1-year low of $27.37 and a 1-year high of $42.91. The company's 50 day moving average is $36.83 and its 200-day moving average is $33.78.

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.