Anterix Inc. (NASDAQ:ATEX) Shares Sold by Trexquant Investment LP

Trexquant Investment LP cut its stake in shares of Anterix Inc. (NASDAQ:ATEX) by 73.6% during the fourth quarter, Holdings Channel reports. The firm owned 18,814 shares of the company’s stock after selling 52,386 shares during the quarter. Trexquant Investment LP’s holdings in Anterix were worth $577,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of ATEX. Geode Capital Management LLC grew its position in Anterix by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 358,882 shares of the company’s stock worth $11,010,000 after purchasing an additional 3,398 shares in the last quarter. JPMorgan Chase & Co. raised its position in Anterix by 91.2% during the fourth quarter. JPMorgan Chase & Co. now owns 64,692 shares of the company’s stock valued at $1,984,000 after buying an additional 30,860 shares during the period. Vanguard Group Inc. lifted its stake in Anterix by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 1,034,979 shares of the company’s stock worth $31,743,000 after acquiring an additional 34,836 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Anterix during the 4th quarter worth about $55,000. Finally, Sei Investments Co. purchased a new position in Anterix during the 4th quarter valued at about $294,000. 87.67% of the stock is owned by institutional investors and hedge funds.

Anterix Stock Down 0.4 %

Anterix stock opened at $32.63 on Friday. Anterix Inc. has a 12 month low of $27.37 and a 12 month high of $42.91. The company’s fifty day simple moving average is $36.67 and its 200-day simple moving average is $33.86. The stock has a market cap of $606.49 million, a P/E ratio of -20.02 and a beta of 0.95.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. raised their price target 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 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.