Vanguard Group Inc. Acquires 34,836 Shares of Anterix Inc. (NASDAQ:ATEX)

Vanguard Group Inc. boosted its position in shares of Anterix Inc. (NASDAQ:ATEX - Free Report) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,034,979 shares of the company's stock after acquiring an additional 34,836 shares during the quarter. Vanguard Group Inc. owned 5.56% of Anterix worth $31,743,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS bought a new stake in shares of Anterix in the 4th quarter valued at about $55,000. Intech Investment Management LLC bought a new stake in Anterix in the fourth quarter valued at approximately $254,000. Sei Investments Co. acquired a new stake in shares of Anterix in the fourth quarter valued at approximately $294,000. Y Intercept Hong Kong Ltd boosted its stake in shares of Anterix by 14.6% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 8,742 shares of the company's stock worth $329,000 after acquiring an additional 1,112 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Anterix by 8,107.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 11,080 shares of the company's stock worth $333,000 after acquiring an additional 10,945 shares during the last quarter. Institutional investors and hedge funds own 87.67% of the company's stock.

Wall Street Analyst Weigh In

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

Anterix Price Performance

Anterix stock traded up $0.27 during trading hours on Friday, hitting $32.58. The company had a trading volume of 85,978 shares, compared to its average volume of 168,234. The firm has a 50-day moving average of $36.91 and a 200 day moving average of $33.70. The firm has a market cap of $605.56 million, a PE ratio of -19.99 and a beta of 0.95. Anterix Inc. has a one year low of $27.37 and a one year high of $42.91.

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.