Anterix Inc. (NASDAQ:ATEX) Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL decreased its holdings in Anterix Inc. (NASDAQ:ATEX - Free Report) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 141,457 shares of the company's stock after selling 10,255 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.76% of Anterix worth $4,338,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Federated Hermes Inc. grew its position in shares of Anterix by 74.0% in the 4th quarter. Federated Hermes Inc. now owns 1,432 shares of the company's stock worth $44,000 after acquiring an additional 609 shares in the last quarter. Aquatic Capital Management LLC bought a new stake in Anterix during the fourth quarter valued at $47,000. Russell Investments Group Ltd. raised its holdings in shares of Anterix by 156.7% during the fourth quarter. Russell Investments Group Ltd. now owns 1,797 shares of the company's stock worth $55,000 after purchasing an additional 1,097 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of Anterix in the 4th quarter worth about $55,000. Finally, Wells Fargo & Company MN boosted its holdings in shares of Anterix by 46.3% in the 4th quarter. Wells Fargo & Company MN now owns 5,841 shares of the company's stock valued at $179,000 after buying an additional 1,849 shares during the period. Hedge funds and other institutional investors own 87.67% of the company's stock.

Wall Street Analysts Forecast Growth

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

Anterix Stock Down 1.2 %

ATEX stock traded down $0.36 during mid-day trading on Monday, reaching $29.48. The company had a trading volume of 91,707 shares, compared to its average volume of 167,979. Anterix Inc. has a one year low of $27.37 and a one year high of $42.91. The stock's 50-day simple moving average is $34.88 and its two-hundred day simple moving average is $33.40. The stock has a market capitalization of $547.94 million, a P/E ratio of -18.09 and a beta of 0.94.

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.