UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Holdings in Anterix Inc. (NASDAQ:ATEX)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in Anterix Inc. (NASDAQ:ATEX) by 7.9% during the 3rd quarter, Holdings Channel reports. The firm owned 22,542 shares of the company’s stock after selling 1,931 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Anterix were worth $849,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. FMR LLC raised its position in shares of Anterix by 76.4% during the 3rd quarter. FMR LLC now owns 250,955 shares of the company’s stock worth $9,451,000 after purchasing an additional 108,683 shares during the last quarter. Quest Partners LLC purchased a new position in Anterix during the third quarter worth $759,000. Renaissance Technologies LLC acquired a new position in shares of Anterix in the second quarter worth $1,334,000. Cubist Systematic Strategies LLC purchased a new stake in shares of Anterix in the second quarter valued at $362,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of Anterix by 8.0% during the second quarter. Bank of New York Mellon Corp now owns 50,605 shares of the company’s stock valued at $2,003,000 after acquiring an additional 3,752 shares during the last quarter. 87.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Anterix

In other Anterix news, Director Mark Fleischhauer purchased 3,500 shares of the stock in a transaction on Thursday, December 5th. The stock was bought at an average price of $34.19 per share, for a total transaction of $119,665.00. Following the acquisition, the director now directly owns 3,500 shares of the company’s stock, valued at $119,665. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, Director Leslie B. Daniels acquired 2,000 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were bought at an average cost of $32.75 per share, with a total value of $65,500.00. Following the purchase, the director now owns 2,000 shares in the company, valued at approximately $65,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 45.61% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Anterix Stock Performance

Shares of ATEX opened at $30.47 on Friday. Anterix Inc. has a fifty-two week low of $29.12 and a fifty-two week high of $42.41. The stock has a fifty day moving average of $33.28 and a two-hundred day moving average of $35.62. The company has a market capitalization of $567.29 million, a PE ratio of -15.08 and a beta of 0.85.

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.