Anterix Inc. (NASDAQ:ATEX) Director Mark Fleischhauer Acquires 3,500 Shares

Anterix Inc. (NASDAQ:ATEX) Director Mark Fleischhauer purchased 3,500 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average price of $34.19 per share, for a total transaction of $119,665.00. Following the completion of the purchase, the director now directly owns 3,500 shares in the company, valued at $119,665. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Anterix Stock Up 0.8 %

ATEX stock opened at $34.05 on Tuesday. The stock has a 50-day simple moving average of $33.69 and a two-hundred day simple moving average of $35.68. Anterix Inc. has a twelve month low of $29.12 and a twelve month high of $42.41. The firm has a market capitalization of $633.94 million, a PE ratio of -16.86 and a beta of 0.85.

Hedge Funds Weigh In On Anterix

Several hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in Anterix in the 2nd quarter worth approximately $1,520,000. Bank of New York Mellon Corp increased its holdings in shares of Anterix by 8.0% in the second quarter. Bank of New York Mellon Corp now owns 50,605 shares of the company’s stock worth $2,003,000 after purchasing an additional 3,752 shares during the period. Allspring Global Investments Holdings LLC purchased a new stake in shares of Anterix in the second quarter worth $28,000. Jupiter Asset Management Ltd. bought a new stake in Anterix during the second quarter valued at $200,000. Finally, Renaissance Technologies LLC bought a new position in Anterix in the 2nd quarter worth about $1,334,000. Hedge funds and other institutional investors own 87.67% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Craig Hallum raised shares of Anterix to a “strong-buy” rating in a report on Wednesday, October 9th.

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.