O Brien Greene & Co. Inc purchased a new stake in Anterix Inc. (NASDAQ:ATEX) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 18,200 shares of the company’s stock, valued at approximately $858,000. O Brien Greene & Co. Inc owned 0.10% of Anterix as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Global Retirement Partners LLC acquired a new stake in shares of Anterix in the first quarter valued at about $26,000. Citigroup Inc. boosted its stake in Anterix by 155.2% during the 4th quarter. Citigroup Inc. now owns 2,463 shares of the company’s stock valued at $93,000 after purchasing an additional 1,498 shares during the period. Cutler Group LP grew its holdings in Anterix by 580.4% in the 1st quarter. Cutler Group LP now owns 3,048 shares of the company’s stock valued at $143,000 after buying an additional 2,600 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Anterix by 8.3% in the 4th quarter. The Manufacturers Life Insurance Company now owns 6,813 shares of the company’s stock worth $256,000 after buying an additional 521 shares during the period. Finally, Engineers Gate Manager LP acquired a new position in shares of Anterix during the fourth quarter worth approximately $317,000. Hedge funds and other institutional investors own 97.20% of the company’s stock.
In other news, CEO Robert Harris Schwartz sold 3,409 shares of the company’s stock in a transaction that occurred on Thursday, May 27th. The shares were sold at an average price of $48.32, for a total transaction of $164,722.88. Following the transaction, the chief executive officer now directly owns 81,383 shares in the company, valued at $3,932,426.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Treasurer Elaine Gangeri sold 854 shares of the stock in a transaction that occurred on Monday, May 24th. The shares were sold at an average price of $48.65, for a total transaction of $41,547.10. Following the sale, the treasurer now directly owns 36,646 shares in the company, valued at $1,782,827.90. The disclosure for this sale can be found here. Insiders have sold 32,131 shares of company stock worth $1,588,859 over the last ninety days. Insiders own 6.54% of the company’s stock.
Several equities research analysts have recently issued reports on ATEX shares. TheStreet upgraded shares of Anterix from a “d” rating to a “c-” rating in a research note on Monday, March 22nd. B. Riley restated a “buy” rating on shares of Anterix in a report on Wednesday. Morgan Stanley increased their target price on shares of Anterix from $48.00 to $51.00 and gave the company an “equal weight” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. upgraded Anterix from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $40.00 to $50.00 in a research note on Wednesday, February 17th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $67.00.
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, technologies, and solutions. It holds licensed spectrum in the 900 MHz band with nationwide coverage throughout the United States, Hawaii, Alaska, and Puerto Rico.
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