Anterix Inc. (NASDAQ:ATEX) Position Lessened by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lowered its stake in shares of Anterix Inc. (NASDAQ:ATEX) by 2.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 133,217 shares of the company’s stock after selling 3,157 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.72% of Anterix worth $5,017,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC acquired a new stake in Anterix in the 2nd quarter valued at approximately $28,000. Woodmont Investment Counsel LLC increased its holdings in shares of Anterix by 2.4% during the third quarter. Woodmont Investment Counsel LLC now owns 34,545 shares of the company’s stock valued at $1,301,000 after purchasing an additional 800 shares during the period. Squarepoint Ops LLC raised its stake in shares of Anterix by 4.6% during the second quarter. Squarepoint Ops LLC now owns 26,261 shares of the company’s stock valued at $1,040,000 after purchasing an additional 1,159 shares in the last quarter. nVerses Capital LLC acquired a new stake in Anterix in the third quarter worth about $45,000. Finally, Meeder Asset Management Inc. bought a new position in Anterix in the 3rd quarter valued at about $58,000. 87.67% of the stock is currently owned by institutional investors.

Anterix Stock Down 0.8 %

NASDAQ:ATEX opened at $33.90 on Friday. The business’s 50-day moving average price is $33.52 and its 200 day moving average price is $35.67. Anterix Inc. has a 52-week low of $29.12 and a 52-week high of $42.41. The firm has a market cap of $631.15 million, a P/E ratio of -16.78 and a beta of 0.85.

Insider Buying and Selling

In other Anterix news, Director Mark Fleischhauer bought 3,500 shares of Anterix stock in a transaction dated 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 completion of the acquisition, the director now directly owns 3,500 shares of the company’s stock, valued at approximately $119,665. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Leslie B. Daniels bought 2,000 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was acquired at an average cost of $32.75 per share, with a total value of $65,500.00. Following the transaction, the director now owns 2,000 shares of the company’s stock, valued at $65,500. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 45.61% of the stock is currently owned by insiders.

Analysts Set New Price Targets

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

About Anterix

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.